BlackRock Takes Aim at Money Market ETFs
Asset manager files for two money market funds as rates begin to fall.
Wall Street bonuses expected to rise for first time since 2021: report
Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.
As debate begins on Trump 47’s impact on oil, diesel benchmark hits 3-year low
The benchmark price used for most fuel surcharges dropped for the third time in four weeks to a more than three-year low. The post As debate begins on Trump 47’s impact on oil, diesel benchmark hits 3-year low appeared first on FreightWaves.
NY Fed's Perli still sees ample money market liquidity
NEW YORK (Reuters) -Even with some recent bouts of volatility, it appears money market liquidity levels remain robust, a top New York Federal Reserve official said on Tuesday, suggesting the case for the Fed to press on with its balance sheet drawdown can proceed. While the volatility that struck markets at the end of September is something that argues for central bankers to keep a close eye on markets, even with the churn, “I want to make clear that there is considerable evidence that reserve supply remains abundant - quarter-end pressures do not appear to be induced by a scarcity of reserves," said Roberto Perli, who manages the implementation of monetary policy at the Federal Reserve Bank of New York, in the text of a speech. “Although we are monitoring events closely, there are few obvious and foreseeable risks to our continuing to implement monetary policy efficiently and effectively” at the command of the rate setting Federal Open Market Committee, he said.
Stock market today: Trump rally slows with stocks at record highs ahead of new economic data
The five-day post-election rally wavered on Tuesday morning as investors awaited fresh inflation data.
‘Just Don’t Break’ Bitcoin: Devs Debate Tech Upgrades to Top Crypto
The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.
Energy Market Assessment: The direction we head needs a very profitable drilling boom
(Oil & Gas 360) – Much needing to be done and greater freedom for seeing and doing it, the direction […]
Why Coinbase CEO Sees Trump’s Win As the ’Dawn of a New Crypto Era
Cryptocurrency assets have surged in the week since Donald Trump was re-elected President, as the industry looked ahead to what Coinbase CEO Brian Armstrong on Tuesday called the "dawn of a new crypto era."
Crypto surge partially reflects less trust in government: Economist Judy Shelton
Former Federal Reserve nominee Judy Shelton strikes a bullish tone on crypto versus the dollar.
3 risks that could derail the Trump trade in stocks, Morgan Stanley says
The firm says investors should be closely monitoring bond yields and the US dollar for signs of when equities could turn.