Being involved in a “crowded trade” is one thing that’s sure to keep investors up at night. In other words, a position that has become so popular that there are few people left to get involved with it — which could mean painful losses if traders decide to rush for the exits.
A powerful spring storm system that whipped up deadly tornadoes over the southern and Midwestern US is expected to bring severe thunderstorms and wind gusts to parts of the East Coast late Saturday, including to New York City.
The year of the bond is in danger of hitting a wall.
European Central Bank Executive Board member Fabio Panetta said company profit margins might be having a bigger impact on inflation than is generally acknowledged, according to an interview with the New York Times.
Australian startup Recharge Industries’ bid to buy land owned by Britishvolt is at risk of collapse over a power supply contract signed by the failed UK battery company, the Financial Times reported, citing people with knowledge of the offer.
A new Tennessee law restricting drag performances in public was temporarily blocked by a federal judge who ruled the politically charged statute may have “missed the mark.”
Russia is boosting its production of conventional and high-precision ammunition, defense secretary Sergei Shoigu said on Saturday, days after he visited munitions factories in two regions in inspect the production of artillery and missiles. “Necessary measures” are being taking to ramp up output, Shoigu said.
Inflation in Peru’s capital came in above expectations in March, slowing less than expected, as protests that disrupted key supply chains in the mining, tourism and agribusiness industries eased.
Inflation in Peru’s capital came in above expectations in March, slowing less than expected, as protests that disrupted key supply chains in the mining, tourism and agribusiness industries eased.
What’s buzzing on social media this morning:
