Popular ETF strategy shift may benefit investors
With Wall Street jitters increasing over the number of interest rate hikes ahead, VettaFi’s Todd Rosenbluth sees signs of a comeback in managed fixed-income exchange-traded funds. “It’s not clear how…
Fed is not your friend
As Wall Street gears up for key inflation data, Wells Fargo Securities’ Michael Schumacher believes one thing is clear: “The Fed is not your friend.” He warns Federal Reserve chair…
Bio-engineering firm touts plan to ‘de-extinct’ dodo bird
A genetic engineering company has bold plans to “de-extinct” and “re-wild” the dodo bird — centuries after the flightless fowl waddled the planet. Colossal Biosciences unveiled Tuesday its “Jurassic Park”-like…
Stocks face 50% freefall in meat grinder, says Jeremy Grantham
The stock market is set to go “back to the meat grinder” this year despite a recent minor rally, with the broad-based S&P 500 potentially plummeting by 50% in a…
Elon Musk takes stand in Tesla tweet trial
Elon Musk, Tesla’s chief executive, told a jury on Friday investors do not always react to his Twitter messages as he expected in a trial over his 2018 interest in…
SEC charges Genesis and Gemini with selling unregistered securities
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Securities and Exchange Commission on…
‘Big Short’ investor Michael Burry warns of ‘inflation spike’
Hedge fund wizard Michael Burry kicked off the new year with another dire prediction about the US economy, warning this week that a recession is already underway and another spike…
Inflation backdrop may increase appetite for this roughed-up bond play
The appetite for Treasury inflation-protected securities ETFs, otherwise known as TIPS, may soon increase. According to Charles Schwab’s D.J. Tierney, these investments are becoming more appealing as the economy shows…
Tax strategy that may offset losses – but investors need to act now
Investors may get a wake-up call this winter when it comes to taxes, but it doesn’t have to be that way. According to BNY Mellon’s Ben Slavin, it’s a key…
CME’s Terry Duffy says he saw trouble before FTX collapse
A major exchange executive says he detected red flags months before the historic FTX collapse. CME Group CEO Terry Duffy said he suspected corruption at the cryptocurrency exchange the day…