Tag Archives: sinking

[unable to retrieve full-text content]What’s a green bond? Behind the contract that sent Rivian stock sinking  Yahoo Finance Source link

(Bloomberg) — Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500. Most Read from Bloomberg “Even in a plain vanilla recession, the S&P 500 can fall by 30%,” said Roubini, chairman and chief executive officer of Roubini Macro Associates, in an interview Monday. In “a real hard landing,” which he expects, it… Source link

(Bloomberg) — Call it the Pretty Big Short. Michael Burry, whose huge, wildly profitable bets against the housing bubble were made famous in “The Big Short,” is wagering that long-term U.S. Treasuries will fall. His Scion Asset Management held $280 million of puts on the iShares 20+ Year Treasury Bond ETF at the end of June, according to a regulatory filing released this week, an increase from $172 million three months earlier. The options contracts would make money if TLT, as the… Source link

WASHINGTON (AP) — President Donald Trump shook up his campaign staff Wednesday amid sinking poll numbers less than four months before the election, replacing campaign manager Brad Parscale with veteran GOP operative Bill Stepien. “I am pleased to announce that Bill Stepien has been promoted to the role of Trump Campaign Manager,” Trump said on Facebook. “Brad Parscale, who has been with me for a very long time and has led our tremendous digital and data strategies, will remain in that… Source link