David Tepper said the market turmoil this week was partly caused by the Federal Reserve’s messaging on its aggressive tightening schedule.
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David Tepper calls Fed’s tightening signal an ‘unforced error’ that’s brought ‘unhinged’ markets
World
Troubling signs under the hood: Charts point to possible market selloff around corner
While the S & P 500 and Nasdaq 100 have both pushed to new all-time highs in November, market breadth indicators have mostly not confirmed those recent highs. While the trends for the major equity averages remain undeniably positive, the lack of breadth support suggests a painful reversal may be just around the corner. This […]
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World
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, U.S. September 27, 2023. Jonathan Ernst | Reuters Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to […]
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World
Kenya drops over $2.5 billion of Adani deals after U.S. indictment
Gautam Adani, billionaire and chairman of Adani Group, during an event at the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. Kobi Wolf | Bloomberg | Getty Images Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process that had been expected to award control of […]
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