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Portfolio Manager Prefers Option, Bond Overlays To Hedge Big Uncertainty Facing Markets
Friday, March 10, 2023 - 10:41am | 1089Preferred measures for gauging the strength potential of today's market are unclear, explains Michael Green, a Simplify portfolio manager and strategist. “The traditional adjustments ranging from seasonality to the birth-death models used in smoothing employment reports are in question,...
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New Data On Challenges Of Working From Home; Musk May Have A Point
Saturday, July 23, 2022 - 5:00pm | 372In June, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk issued a memo asking all his employees to return to the office, stating that remote work wasn’t acceptable anymore. Musk asked his employees to spend 40+ hours in the facilities of the company weekly, or they would be fired. Now, according...
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Goldman Sachs Seeking To Buy Celsius Assets If It Goes Bankrupt: Report
Saturday, June 25, 2022 - 8:40am | 300With a significant downturn in the crypto market and extreme market conditions, Celsius Network suspended withdrawals from its platforms last week. In addition, it paused all swaps and transfers between the platform’s accounts. The company has been in a terrible phase with...
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What Options May Have To Do With The S&P 500's Weakness — And Why The Sell-Off Is Orderly
Friday, May 20, 2022 - 4:41pm | 1447Friday marked the roll off of $460 billion in derivatives across single stocks and $855 billion of S&P 500-linked contracts, according to a Bloomberg report. What It Means: Heading into this event, market participants sought protection and were well-hedged. During this latest episode of...
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Goldman Sachs Completes First OTC Trade Through Galaxy Digital: A Wall Street First
Tuesday, March 22, 2022 - 8:20am | 326Goldman Sachs Group Inc (NYSE: GS) announced the execution of its first over-the-counter (OTC) crypto trade through partner Galaxy Digital Holdings Ltd (OTC: BRPHF). The development comes as the investment bank furthers its foray into crypto. It was just last year, the bank launched a...
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WOLF Financial's March Madness Finance Tournament Kicks Off With $10,000 Prize
Monday, March 14, 2022 - 4:01pm | 748There’s nothing more valuable than a network. That’s according to Gav Blaxberg, the CEO at WOLF Financial, one of the premiere Twitter Inc (NYSE: WTR) Spaces hosts in the finance community. As part of Wolf’s launch of the “March Madness” finance version of...
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Raoul Pal Declares Crypto Is Growing Far Faster Than The Internet, Says Bitcoin Could Reach $600,000
Sunday, March 13, 2022 - 11:17am | 714Former Goldman Sachs Group Inc (NYSE: GS) hedge fund executive Raoul Pal says that the crypto market is growing at 137% a year while the internet grew at 76%. Based on data from Crypto.com, the World Bank, and Global Macro Investor himself, Pal says that even if the growth of the crypto...