Key Points
- More than $7.1 trillion in notional options exposure is set to expire this Friday, according to Goldman.
- December options expirations are typically the biggest of the year, but this one eclipses all prior records.
Friday could be a wild day of trading on Wall Street. Here’s why
Finance
Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard
ETF Edge Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard Published Sat, May 2 202610:23 AM EDT Krysta Escobar Source
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Finance
Cautious optimism: Berkshire investors weigh future under new CEO Greg Abel
Key Points Berkshire Hathaway shareholders on Friday expressed confidence in CEO Greg Abel, Warren Buffett’s pick to lead the conglomerate. “Saturday begins the official pivot in Berkshire Hathaway,” said Robert Hagstrom, chief investment officer at EquityCompass Investment Management. “And the whole world is going to get to see it.” Source
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