Societe Generale's Manish Kabra sees S&P 500 sinking 30% in 1970s style stagflation.
Fewer Bitcoins are being moved to exchanges from so-called cold wallets — offline stores of the digital asset — for potential sale.
With stocks and Treasuries tumbling anew amid the Fed's hawkish moves, the time-honored allocation has plunged about 14% so far this quarter.
Investors also dumped European bonds after a surprise Swiss rate hike, putting Germany’s five-year yield on track for its biggest jump since 2011.
Rep. Richard Neal, chairman of the House Ways and Means Committee, asked the Government Accountability Office to assess the use of cryptocurrency investments in 401(k) plans.
The Federal Open Market Committee "is strongly committed to returning inflation to its 2% objective.”
Bitcoin, the largest token, has fallen for nine straight days, the longest losing streak since 2014.
But Gorman says he's more focused on nonfinancial risks, such as data stability, cyberattacks and operations risk.
The agency is reportedly looking into whether some of the investments for mutual funds offered by Goldman's asset management unit are in breach of ESG metrics promised in the marketing materials.
SEC Chair Gary Gensler argues the U.S. equities market is littered with hidden costs and conflicts of interest.
