Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts

Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts


Key Points
  • Fed Governor Stephen Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent.
  • Miran has advocated for another 1.25 percentage points in cuts on top of the quarter-point move the Federal Open Market Committee approved in September.



Source

Apollo gives investors only 45% of requested withdrawals from  billion private credit fund
Finance

Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund

Key Points Apollo’s $15 billion private credit fund received withdrawal requests equal to 11.2% of shares — more than double its 5% quarterly cap — and will return just 45 cents on the dollar to investors. Unlike rivals including Blackstone, which recently relaxed redemption limits to meet investor demand, Apollo is holding firm at the […]

Read More
Jeffrey Gundlach says it’s a ‘going nowhere’ market, warns of private credit strains
Finance

Jeffrey Gundlach says it’s a ‘going nowhere’ market, warns of private credit strains

DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. “It’s kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down […]

Read More
Stocks making the biggest moves midday: Palantir, Flutter, United Airlines, Synopsys, Insmed & more
Finance

Stocks making the biggest moves midday: Palantir, Flutter, United Airlines, Synopsys, Insmed & more

Check out some of the companies making the biggest midday moves: Airlines — Delta Air Lines , United Airlines , Southwest Airlines and American Airlines surged roughly 4% after President Donald Trump said the U.S. wouldn’t strike key energy infrastructure in Iran for five days and said the two nations had held productive talks. Crude […]

Read More