Tag Archives: watchers

Caroline Ellison hasn’t been heard from in public since Sam Bankman-Fried was arrested in the Bahamas.MARIO DUNCANSON / Contributor/ Getty Images/ Caroline Ellison’s Twitter Former Alameda CEO Caroline Ellison isn’t named in prosecutors’ charges against Sam Bankman-Fried But the SEC’s civil suit references her statements on the relationship between FTX and Alameda. Conspiracy charges and civil claims against SBF show others in the crosshairs, legal experts said. As Sam Bankman-Fried was taken… Source link

(Bloomberg) — Federal Reserve Chair Jerome Powell is raising interest rates at the steepest pace in a generation and he said Wednesday that another big increase is possible. Yet investors sent stocks surging on his comments that the hikes will eventually slow. Most Read from Bloomberg Some Fed watchers say markets read Powell’s press conference too narrowly. Economists pointed out that the Fed’s top focus remains curbing inflation, even if it comes at a cost to employment, the other side… Source link

Is a recession already priced into equity markets? The world-renowned economist Jeremy Siegel says it sure looks like stocks have discounted at least a “mild recession” amid this year’s downturn. On Monday, the S&P 500 officially entered bear market territory, dropping more than 3% to a level more than 20% off its January peak. And as recession predictions continue to flood in from both Wall Street and Main Street, some sectors of the market have fared even worse. The tech-heavy Nasdaq is… Source link