DoubleLine Capital CEO Jeffrey Gundlach said new Federal Reserve Chairman Kevin Warsh struck a more hawkish tone than many investors expected, underscoring his commitment to restoring price stability and signaling less appetite for easy monetary policy."He is absolutely telling you that he plans on delivering on price stability. So that...
Category: Finance
Citigroup shares outperform down market after Trump endorsement
A Citibank logo is displayed on a sign at one of their branches on Nov. 7, 2025 in Encinitas, CA.Kevin Carter | Getty ImagesCitigroup outperformed the broad market as well as some other major bank stocks Wednesday after President Donald Trump lauded the bank and its CEO Jane Fraser in...
Hong Kong’s IPO boom is developing a performance problem
A gong during the listing ceremony of Contemporary Amperex Technology Co. Ltd. (CATL) at the Hong Kong Stock Exchange in Hong Kong, China, on Tuesday, May 20, 2025.Bloomberg | Bloomberg | Getty ImagesBEIJING — Hong Kong may be the top market globally for initial public offerings, but it also suffers...
Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
New Chairman of the Federal Reserve Kevin Warsh arrives during a swearing in ceremony in the East Room of the White House in Washington, DC on May 22, 2026. Aaron Schwartz | Afp | Getty ImagesAnother big jobs report in May has pretty much swept aside the possibility of interest...
Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike
Federal Reserve Governor Michelle Bowman on Friday cautioned against raising interest rates to address the current spike in prices.With inflation running well above the central bank's 2% target, markets are expecting the Fed to stay on hold this year then possibly start raising rates in early 2027. Current pricing is...