Treasury Secretary Janet Yellen reinforced her warning to Congress that it has only a little time left to address the debt ceiling before the nation defaults on its obligations.
It is “highly likely” that the agency will not be able to pay all of its bills in full and on time as soon as June 1, Yellen wrote in a letter to House Speaker Kevin McCarthy on Monday.
“With an additional week of info...

It seems that day traders need to be more careful when it comes to buying options.
Day traders are losing money through gambling on zero-day options with ultra-short lifespans, also known as 0DTE. Researchers estimate that small-time investors are losing an average of $358,000 a day since the launch of the trading option, highlighting its high-risk, high-reward nature. The ga...

According to the CME, the probability of the Fed raising interest rates by 75 basis points by July is 70.9% and by 100 basis points is 29.1%; the cumulative probability of raising interest rates by 75 and 100 basis points by September is 0%, the cumulative probability of raising interest rates by 125 basis points is 36.9%, the cumulative probability of raising interest rates by 150 basis points is 49.2% and the probability of raising interest rates by 175 basis points is 14.0%.
How much will th...

I wanted to create a list of all the current Bull vs Bear conditions in the current market, and figured I would post it here so people could add in suggestions:
Bull Case
A good amount of damage has been done in markets this year, bringing things down to fair/under valued (based on TTM and Forward EPS estimates).
Commodities look to have peaked, along with interest rate expectations, thereby signaling peak inflation (which is what started this whole thing).
The job market ...