Sen. Mark Kelly of Arizona joined with fellow Democratic Senator Jon Ossoff of Georgia last week to lay down a marker on when their colleagues on Capitol Hill should be able to trade stocks. Never, they say. The two Senators proposed the most aggressive option so far to ban stock trading not just by lawmakers but also by members of their immediate family: the Ban Congressional Stock Trading Act, which would confiscate a lawmaker’s entire salary if they break the rules. In an interview with… Source link
Read More »Sen. Warren presses SEC to look into trades made by senior Fed officials
Senator Elizabeth Warren on Monday called on the Securities and Exchange Commission to look into trades made by senior Federal Reserve officials over the course of 2020. The Massachusetts Democrat asked the SEC to investigate the extent of trading carried out by at least three high-ranking officials at the central bank, including the timing of the trades and whether or not those trades “may have been influenced by non-public information.” The request comes after reporting last Friday… Source link
Read More »Powell orders review of Fed ethics rules after stock trades made by senior officials
Federal Reserve Chairman Jerome Powell has directed staff to review the central bank system’s rules around stock trading as part of clean-up efforts related to the disclosure of several personal multi-million dollar transactions made by senior policymakers last year. “Chair Powell late last week directed Board staff to take a fresh and comprehensive look at the ethics rules around permissible financial holdings and activities by senior Fed officials,” a Fed spokesperson said. The Fed… Source link
Read More »Trades can come down to personalities
Fantasy baseball managers are not created equal. We all have our tendencies, and we all have our faults. Figuring out the tendencies of specific managers in your league can sometimes lead to making great trades. Here are some managers to look for. The “Home Team” Manager If possible, find out who the other managers in your league cheer for. Some of them will not favor their hometown heroes. For example, I’ve found over the years that I tend to be more critical of Blue Jays (my hometown… Source link
Read More »Aaron Rodgers, Deshaun Watson trades about to become simpler
As the NFL rolls toward arguably the only dead period in its 12-month calendar, the two biggest rifts in the league — Aaron Rodgers vs. the Green Bay Packers and Deshaun Watson vs. the Houston Texans — are about to cross an important threshold. Come Wednesday, both Rodgers and Watson will officially become easier to trade, thanks to a provision that allows NFL teams to split salary cap hits over two seasons if a player is released or traded after June 1. That doesn’t mean a deal for… Source link
Read More »Use waiver wire, trades to improve
We all left our March drafts thinking that we had the starting point of a championship roster. Two months later, some of us have proven to be right while others were dead wrong. This article is dedicated to those in 8th place. Or 10th place. Or even 12th place! Things haven’t gone well, and you’re thinking of giving up. After all, football draft season is just a couple months away and there’s no sense in wasting even more time on a losing fantasy baseball team, right? Wrong!!! Dead… Source link
Read More »Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways
Bloomberg Turkish Markets Slide as Agbal’s Exit Stokes Lira Turmoil (Bloomberg) — Turkey’s stocks, bonds and the lira tumbled as the shock dismissal of the central bank chief triggered concern the country is headed for a fresh bout of currency turbulence.In one of the sharpest selloffs in years, the Borsa Istanbul Index lost more than 9%, triggering circuit breakers that halted trading. The lira also weakened more than 9%, while yields on Turkish local and dollar bonds soared.Investors… Source link
Read More »Re-opening rotation trades are rocking the market: Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 4, 2021 Tech stocks go red for 2021. The re-opening rotation trade has been underway for months now. This trade can broadly be thought of as a move by investors away from stocks that worked in the stay-at-home world of 2020 and into names that should benefit from accelerating economic growth. This new theme kicked off following early November news that Pfizer (PFE) and BioNTech ( Source link
Read More »Re-opening trades keep ripping: Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, February 23, 2021 Airline, cruise stocks surge to start the week. Investors can’t keep up with economic optimism right now. On Monday, the re-opening trade was on fire with shares of airlines, cruise lines, and banks all rallying. And this while Wall Street strategists continued raising full-year GDP forecasts as others reiterated calls that consensus estimates are still too… Source link
Read More »Thunder trades Chris Paul to Suns for four players
Welcome to the Yahoo Sports 2020 NBA rumor tracker. In this post, we’ll break down all the draft, free agency and trade talk ahead of the 2020-21 season. Top free agents: Point guards | Shooting guards | Small forwards | Power forwards | Center Though it feels like just yesterday the bubble season wrapped up, the NBA draft is set to take place Nov. 18 at 7 p.m. and the season is scheduled to tip off Dec. 22. Suns acquire Chris Paul from Thunder The Phoenix Suns pulled off a blockbuster deal… Source link
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