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Category Financeflux

Billionaire Ken Griffin Buys Massive Stake in Asset That’s Soared 124% This Year

Billionaire Ken Griffin Buys Massive Stake in Asset That’s Soared 124% This Year

Billionaire investor Ken Griffin is placing a major bet on a company that’s far outperformed expectations this year. According to a filing with the...
Rate Cuts Incoming and US Dollar Decline Not Over Yet, According to Wells Fargo Analysts – Here’s Their Outlook

Rate Cuts Incoming and US Dollar Decline Not Over Yet, According to Wells Fargo Analysts – Here’s Their Outlook

Economists at the banking giant Wells Fargo think the US dollar is primed to trend weaker for the rest of the year, but they don’t have the same ou...
Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut

Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut

Goldman Sachs Vice Chairman Robert Kaplan believes that the US labor market is even worse than the job data shows. Kaplan, the former president of ...
US Bank Says New Bull Market Underway After Silent Recession Expired in April

US Bank Says New Bull Market Underway After Silent Recession Expired in April

The US economy is in “a new bull market,” according to Mike Wilson, Morgan Stanley’s chief US equity strategist. Wilson says in a new interview wit...
Bank of America Economists Rule Out Rate Cut in 2025, According to the Trillion-Dollar Lender’s CEO Brian Moynihan – Here’s Why

Bank of America Economists Rule Out Rate Cut in 2025, According to the Trillion-Dollar Lender’s CEO Brian Moynihan – Here’s Why

Bank of America’s economists are predicting that the Fed will not cut rates this year, according to the lender’s CEO Brian Moynihan. In a new CNBC ...