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The house always wins
Thursday, April 1, 2021
Bloomberg Follow Us Get the newsletter No matter how untethered its valuations may be from reality, the bull market in stocks keeps managing to deliver goods to the faithful. For every retrograde price
Biden’s $2 Trillion New Deal
Wednesday, March 31, 2021
Bloomberg Follow Us Get the newsletter US President Joe Biden just rolled out his own version of FDR's New Deal: a $2.25 trillion infrastructure package. Unveiled on Wednesday, the “American Job
Margin call meltdown
Wednesday, March 31, 2021
Bloomberg Follow Us Get the newsletter The year is only three months old, but already there have been two ground-shaking blowups on Wall Street, both tied to hedge funds. First came the GameStop short-
‘Impending doom’
Monday, March 29, 2021
Bloomberg Follow Us Get the newsletter What might be the largest margin call in history is causing consternation among those on Wall Street worried about hidden leverage and its potential to fry the
The vaccine war
Saturday, March 27, 2021
Bloomberg Follow Us Get the newsletter Covid-19 cases in the US are rising again, reversing months of progress thanks to fast-spreading variants and loosened restrictions. The outlook for the European
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