Wall Street

Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high

It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

Swiss regulator calls for more powers after Credit Suisse collapse

Switzerland’s financial regulator on Tuesday called for greater legal powers and vowed to adapts its approach in the wake of…

Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…

This ETF offering could become next year’s hot product

BNY Mellon’s global head of ETFs suggests exchange-traded funds using options overlays could become next year’s hot product. “We are…

Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’

New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment…

Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large…