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Biggest CLO ETF cements its dominance as it smashes $10B AUM barrier
ETFS JUN 10, 2024
Biggest CLO ETF cements its dominance as it smashes $10B AUM barrier

The fund, which is neither the first mover nor the price leader, now has a roughly 90 percent share of the bourgeoning market.

S&P 500 could drop 8% without Fed cut, say RBC strategists
RIA NEWS JUN 10, 2024
S&P 500 could drop 8% without Fed cut, say RBC strategists

Outlook also considers sticky inflation, Treasuries below 5%.

Wednesday's data could bring double blow, but traders are ready
RIA NEWS JUN 10, 2024
Wednesday's data could bring double blow, but traders are ready

CPI, Fed decision could spark volatility.

Asset managers called it wrong on dollar: CFTC data
RIA NEWS JUN 10, 2024
Asset managers called it wrong on dollar: CFTC data

Bearish bets came at the wrong time according to the stats.

Are carbon offsets about to have their day at last?
RIA NEWS JUN 10, 2024
Are carbon offsets about to have their day at last?

Backers have recently secured some big wins.

Strong jobs data push JPMorgan, Citi to scrap July rate-cut bets
RIA NEWS JUN 07, 2024
Strong jobs data push JPMorgan, Citi to scrap July rate-cut bets

Economists at the banking giants changed their tune following the surprising May employment data.

Canadian bank TD sues wealth advisor who "abruptly" exited amid AML probe
REGULATION AND LEGISLATION JUN 07, 2024
Canadian bank TD sues wealth advisor who "abruptly" exited amid AML probe

The Toronto-based lender says the advisor and a colleague breached contract as they joined Raymond James.

US jobs report awaited; slowdown expected
RIA NEWS JUN 07, 2024
US jobs report awaited; slowdown expected

Bureau of Labor Statistics will release data Friday.

Fed cut may mean bad news for economy, says BofA's Hartnett
RIA NEWS JUN 07, 2024
Fed cut may mean bad news for economy, says BofA's Hartnett

The strategist says it could be a signal that trouble is ahead.

Moody's mulls cutting ratings for six US regional banks
RIA NEWS JUN 07, 2024
Moody's mulls cutting ratings for six US regional banks

Exposure to commercial real estate loans is the concern.