Should investors accept a painful write down on their bonds in order to keep companies alive and avoid even worse pain later on? Or should they call the company’s bluff and insist on full repayment of their debt?
Mike Bloomberg may sell a minority stake in Bloomberg LP, the company behind both the cash cow that is the Terminal and the money-pit that is Bloomberg TV, to Ackman’s $5 billion blank-check company, Pershing Square Tontine Holdings.
Senior editor, Ash Bennington, joins Thomas Thornton, founder of Hedge Fund Telemetry, to discuss earnings, stimulus intervention, and investment time horizons…
It appears NFLX pulled one too many subs from the future in Q1 and Q2 due to covid, and with just 180K new net subs in the US, one wonders if it's time for Netflix to pull "Cuties"?
The faculty seek to hold the University of Chicago accountable for its “long history of willingly enabling and directly contributing to structural racism”...
There are substantial put positions out in December of 2020, and our concern is that a weak market may lead option dealers to short futures to hedge those put positions. This could lead to a large sharp draw down similar to December of 2018.
A report released Monday by investment bank Jefferies warned of “empty shelves and raided storerooms,” noting that “it’s not just local grocers running out of essentials”...
"I believe this investor is positioning for (or hedging against) lower volatility in the 1Q21, likely due to a combination of the election being over, vaccine success and continued Fed support."
As Pelosi's self-imposed deadline looms, hope appears to be fading fast from the over-extended market despite last minute hopes for a 3pmET call between Pelosi and Mnuchin.
"Given the negative correlation between real rates and equity, many investors are wondering if a potential rise in interest rates driven by real rates could weigh on risky assets."
The glorious march forward of the correct thinking European superstate takes another great leap forward this morning with the launch of the first socially targeted bonds under the most intelligently designed SURE program...