Monthly Archives: January 2022
The Fed is likely to signal a March interest rate hike and that further policy tightening is coming
(CNBC) The Federal Reserve is expected to signal at its meeting this week that it is ready to raise interest rates as soon as March and that it will consider other policy tightening, reversing the easy policies it put in […]
Stock futures rise slightly after another wild ride on Wall Street, Fed meeting in focus
(CNBC) Stock futures rose slightly Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures climbed 54 points, or 0.2%. S&P 500 futures rose 0.2%, and Nasdaq 100 futures gained 0.4%. Microsoft shares rose 2% in […]
Digital asset funds see inflows of USD14.4m
(CNBC) Digital asset investment products saw inflows totalling USD14.4 million last week, breaking the prior five-week run of outflows, according to the latest weekly Digital Asset Fund Flows Report from Coinshares. To read this article:
Former Financial Advisor Charged with Stealing $5.8 Million from Client
(HedgeCo.Net) The Securities and Exchange Commission has charged German Nino, a former securities broker and investment adviser representative for UBS Financial Services Inc., with stealing $5.8 million from a long-standing client. The SEC’s complaint alleges that Nino, of Weston, Florida, […]
Short sellers are up $114 billion this year with winning bets against Tesla and Netflix
(CNBC) Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets. The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according […]
SEC considering new disclosure deadlines for activist hedge funds
(Hedgeweek) The Securities & Exchange Commission (SEC) is considering proposals to tighten the disclosure deadline for hedge funds that hold significant shares in companies, according to a report by Bloomberg. To read this article:
Bitcoin climbs into positive territory after falling below $33,000 to a new low
(CNBC) Bitcoin bounced into positive territory Monday after initially continuing its slide from last week. On Monday, bitcoin fell to $32,982.11, its lowest point since July, according to Coin Metrics, but the largest cryptocurrency by market cap was up 5.6% […]
Dow futures fall more than 300 points, Nasdaq futures shed 1% as market’s wild ride continues
(CNBC) U.S. stock index futures fell in overnight trading Monday, after a wildly volatile session that saw the Dow erase a more than 1,100 point decline to finish the day in positive territory. Futures contracts tied to the Dow Jones […]
IBM shares jump after company reports 6% revenue growth in fourth quarter
(CNBC) IBM shares jumped as much as 7% in extended trading but later lost most of their gains Monday after the software and services company said revenue climbed 6% in the fourth quarter, surpassing expectations. Here’s how the company did: […]
Colorado Man Charged with Fraud Related to Cryptocurrency Venture
(HedgeCo.Net) The Securities and Exchange Commission today charged Paul A. Garcia of Severance, Colorado, for allegedly defrauding investors by stealing approximately one quarter of investor funds raised for Gold Hawgs Development Corp. (“Gold Hawgs”), a failed cryptocurrency venture. According to […]
Active Managers Fail Again as Stock Rotation Lashes Hedge Funds
(Bloomberg) Stock pickers just blew the stock rotation they’ve spent years longing for. Long underweight the booming tech megacaps in recent years, professional speculators failed to ride the January revival in value shares, as they struggled to cut fast enough […]
December outflows dampen hedge fund AUM growth, says eVestment
(Hedgeweek) Investors pulled $19.96 billion from the global hedge fund business in December, bringing full-year 2021 hedge fund AUM growth to +$15.90 billion, according to eVestment’s December and Full Year 2021 Hedge Fund Asset Flows report. To read this article: