(Bloomberg) — The trader who bet big in early February on the Federal Reserve raising its benchmark interest rate to 6% has begun unwinding the position, which has doubled in value since. Most R...
Tag: unwind
Big Short in Stocks Is Almost Over After $300 Billion Unwind
(Bloomberg) — Money managers have cut $300 billion of bearish bets and are now positioned more in line with historic norms — robbing the market of pent-up demand just as the Federal Reserve warn...
Unwind The LIHTC, Create Tax Benefits For Builders And Families
The LIHTC isn’t efficient; make it easier to use for people who build and live in housing. getty There is no doubt that over its 36-year life that the Low Income Housing Tax Credit (LIHTC) has h...
BitGo refused to unwind $50 million in wrapped bitcoin for Alameda
Digital asset custodian BitGo refused to allow Alameda Research to unwind $50 million worth of wrapped bitcoin days before the latter firm went into bankruptcy, BitGo CEO Mike Belshe said today in a T...
Crypto Winter Unwind Still Has Legs To Run And Run
Bitcoin crypto currency bull market getty Are there any perma-bulls left in crypto? There don’t seem to be many left so I must admit to wanting to buy bitcoin now, but I am not going to because there ...
Looming S&P 500 Bear Case Sees 15% Drop on Fed Balance-Sheet Unwind
(Bloomberg) — Bulls getting comfortable with Federal Reserve rate-hike policy have another threat to contend with, one that a team at Morgan Stanley says has the potential to send stocks to fres...
Crypto Lender Voyager Digital Seeks to ‘Unwind’ $200M Loan to Alameda Research
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Voyager Aimed to ‘Unwind’ Alameda Loan
Voyager appealed in the New York bankruptcy court to pass an order and ask Alameda to repay the loan issued by Voyager. Voyager Digital requested the federal bankruptcy court in New York t...
Legendary China Bets Unwind as Buffett, SoftBank, Naspers Sell
(Bloomberg) — For early backers, they’ve been some of the most profitable Chinese stock investments of all time: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and BYD Co. Most Read from Bloo...
Will The FTC Try To Unwind Northrop Grumman’s 2018 Merger With Orbital ATK?
On July 22, Politico reported based on anonymous sources that Federal Trade Commission lawyers have concluded Northrop GrummanNOC violated the terms of an agreement that the agency imposed as a condit...
Biggest Oil Stock ETF Sees Short Sellers Unwind Bets After Rout
(Bloomberg) — Money managers rolled back bets against the biggest exchange-traded fund focused on oil-company stocks, signaling speculation that the price of crude is at least temporarily bottom...
Why the Crypto Unwind Wasn’t Contagious (This Time)
Those choices have, in turn, led to genuine financial contagion within crypto markets, including tragic rugpulls for a number of startups that had funds custodied with 3AC. More to the point, though, ...
‘The Great DeFi unwind’ sees Total Value Locked plummet to 10-month lows
Crypto YouTuber Lark Davis tweeted that ‘the great DeFi unwind’ is upon us. The great #defi unwind saw us go from 230 billion at the start of April, to 110 billion sitting in defi now! Life comes at y...
Melvin Capital says it plans to unwind funds
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Imag...
Deutsche Bank reverses course on Russia, says it will unwind business there
A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank said Friday that it was winding down its operation...