Vanguard’s Trillion-Dollar Man Leads a Fixed-Income Revolution
When March’s bank failures ignited a historic bond rally, few, if any, made more money than Josh Barrickman.
When March’s bank failures ignited a historic bond rally, few, if any, made more money than Josh Barrickman.
A traditionally moribund corner of Wall Street speculators piling into bet once seemed unthinkable: that the US government will default on its debts.
Bank stress will likely be limited to a small number of banks but lead to tighter lending conditions and a pick-up in corporate defaults.
Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy.
A bold options bet on sharp Federal Reserve interest-rate cuts appears to have been closed out for a $10 million profit.
As traders rush to identify where next bout of volatility will come from some watchdogs think answer may be buried in huge pile of hidden leverage.
Double-digit losses suffered by several star traders last week is a dramatic reminder why investors are rapidly migrating towards bigger hedge funds.