Now that he's closed out his yuan short to focus on his geopolitical activism, Hayman Capital's Kyle Bass has moved on to his next big trade: Betting against the Hong Kong dollar's 36-year-old peg.
President Trump threw his latest left-hook on Thursday as he described a Wednesday meeting with House Speaker Nancy Pelosi (C-CA) and Chuck Schumer (D-NY) to discuss infrastructure.
Submitted by Michael Every of RaboBank
The worst fears of Julian Assange's legal team have just been realized.
"Growth Scare" - PMIs in Japan, Europe, and US all collapsed and risk-asset markets are suddenly waking from their delusions.
The National Retail Federation (NRF) has warned that President Trump's escalating trade war with China could be devastating for consumers and lead to at least one million job losses.
"Chinese economists are talking about a 1-2% hit to GDP. I suspect much more plus increased domestic social and political tension."
On one hand, Facebook - the world's biggest social media company - represented that it has just under 2.4 billion monthly active users from across the globe.
When Deutsche Bank CEO Christian Sewing told Deutsche Bank shareholders at the bank's annual general meeting this morning that he was prepared to make "tough cutbacks" at DB's struggling investment bank, he wasn't kidding.
War with Iran remains a deeply unpopular prospect among the American people, but a new opinion poll conducted by Reuters and polling organization Ipsos found there's not much optimism concerning the likelihood of getting entangled in a future conflict. The poll released Tuesday found that half of all Americans see the US and Iran being at war "within the next few years".
A judge in Chicago ordered the file in Jussie Smollett's criminal case unsealed Thursday, saying the actor's actions did not appear to be those of someone seeking to maintain his privacy.