Investing.com — In a note to clients this week, analysts at Alpine Macro assessed Quantitative Tightening (QT), noting it continues as the Federal Reserve reduces its balance sheet, which has already shrunk by $2 trillion since June 2022. The firm said that the contraction has led to a recent spike in money market rates, raising questions among investors about potential risks to financial markets. Alpine stated that the rapid decline in
The second-largest US bank by total assets says it’s preparing for significant losses due to ongoing regulatory issues. In a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of America says it faces a “reasonably possible and estimable” loss of up to $800 billion due to investigations from the Consumer Financial Protection Bureau (CFPB) and other federal regulators. “The Corporation has been responding to an inquiry from
Rare ghost shark caught on film off California coast 00:53 Researchers have discovered a new species of “ghost shark” that exclusively lives in the deep waters surrounding Australia and New Zealand. The Australasian narrow-nosed spookfish has a long, pointed nose, as its name indicates, and bulging black eyes. The creature has “chocolate brown” skin and a long, wispy tail, according to New Zealand’s National Institute of Water and Atmospheric Research.
The chief executive of a crypto firm was reportedly kidnapped in Toronto and only freed after a $1 million ransom was paid. According to a new report by the Canadian Broadcasting Corporation (CBC), Dean Skurka, the CEO of crypto financial services firm WonderFi was kidnapped in downtown Toronto earlier this week and only released after a $1 million payment was made electronically. A spokesperson with the Toronto Police Service says
Bankrupt cryptocurrency trading platform FTX Derivatives Exchange has filed a lawsuit against Anthony Scaramucci. Known for his political and crypto engagements, FTX is out to recoup up to $67 million the trading firm invested into SkyBridge Capital ventures. FTX and the Eleventh Hour Lawsuit According to a report from Bloomberg, the John Ray III led firm filed the lawsuit on November 8, an eleventh hour move before it wraps up
The Dogecoin price is currently enjoying a bull run, especially considering its gains over the past few weeks. This has led to discussions on how high the meme coin could rise in this market cycle, with $3 a possibility. However, crypto analyst Kevin Capital has explained why a rally to $3 is very unlikely. Can The Dogecoin Price Reach $3 In an X post, Kevin Capital opined that it is
TROY price has surged significantly over the past 24 hours, capturing investor interest as it rides a strong uptrend. Over the last week, TROY has shown consecutive daily gains, reaching new highs in line with a broader crypto market rally. Investors closely monitor TROY’s performance, eager to see if this positive trend will continue amidst the larger cryptocurrency surge. TROY Price Surges 20%: What’s Behind the Sudden Spike? TROY price
Realty Income (NYSE: O) has long been a favorite of income-oriented investors given its monthly dividend payment, robust yield, and history of increasing its dividend. Meanwhile, the real estate investment trust (REIT) has delivered steady, consistent results over the years. However, with a number of its tenants facing pressure and closing stores, the question becomes, is trouble brewing? Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every
Trump victory sparks seismic week for stock market. Investors need to keep cool. Source link
President-elect Donald Trump’s victory spurred a rise in in the U.S. 10-year Treasury yield. Mortgage rates, which loosely follow the benchmark yield, are also climbing. The average rate on the 30-year fixed mortgage surged 9 basis points Wednesday to 7.13%, according to Mortgage News Daily. That is the highest rate since July 1 of this year, though not quite the surge some had expected. “The expectation among bond traders coming
