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The week ended with a 4.8 magnitude earthquake that rattled the Jersey City moomoo office, and the financial district of New York shook right outside t...

FOMC going to be extra spooky this week. 👻
Here's a chart showing market expectations about where interest rates will go at different points in time.
Currently, rate CUTS are expected to begin in June 2024 with a 36% chance of another HIKE ahead.
Next FOMC rate hike probabilities:
No hike → 99.9%
25 bps cut → 0.1%
Economists say the Fed will likely leave interest rates alone when its next rate-setting meeting concludes on Nov. 1, so Fed Chair Jerome Powell & Co. can keep asses...

Did you hear Bill Ackman covered his bond short?
Billionaire hedge fund manager Bill Ackman made a profit of about $200mn from his high-profile bet against US 30-year Treasury bonds, according to people familiar with the trade.
The founder of Pershing Square Capital Management said on social media on Monday that he had exited the short position he first announced in August.
“There is too much risk in the world to remain short...