Markets

Rompetrol Rafinare, meme stock-ul de la Bucureşti, s-a dezlănţuit: oscilaţii de aproape 15% în ambele direcţii şi un rulaj de 6 mil. lei, al doilea după Banca Transilvania

Crunch Fitness Seeks to Borrow $800 Million in ABS Bond Sale

Crunch Fitness is looking to raise about $800 million from a bond sale backed by the company’s franchise revenue, adding to a string of companies tapping the whole-business securitization market in recent weeks.

William Nordhaus, favourite economist of the right and the left

The Nobel-prizewinner was fascinated by what happens when markets fail

Analysis: The Democrats have one chance to extract concessions from Trump. Markets will hate it

The next debt-ceiling confrontation could reverse Washington's traditional political roles, raising the possibility of spending concessions, market volatility and a damaging default.

What markets make of the midterms

Democrats triumph. Investors yawn

Job openings posted big September gain in positive sign for labor market ahead of payrolls report

The BLS reported job openings at 7.52 million, up 333,000 from August and well above the Dow Jones consensus outlook for 7.15 million

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

Who will buy $120bn-worth of fresh Japanese government bonds?

Japan wants its pension fund and households to buy more government debt

Why shares are the new bricks and mortar

Household wealth is flowing from property to stocks

The bond market sell-off is helping the dollar

But the strength of the greenback is not as reliable as in the past

Governments want to hold America’s shares more than its debts

When countries switch towards riskier assets, the global economy feels the consequences

Data centres are straining the insurance market

The premiums are juicy, but the financial stakes are hard to digest

Soaring bond yields, gaping deficits and towering debts: what could go wrong?

The rich world is flirting with fiscal disaster

What Africa’s biggest IPO can do for its stock markets

A new generation of investors is buying up African stocks

Scott Bessent should stop blaming the bond market

It is working just fine; his interventions, less so

Surging bond yields presage pain—and not just for bond investors

Stubborn inflation, corporate demand for capital and big public debts are squeezing holders of government bonds

IPO booms can spell trouble for the markets

Companies go public in good times that may not last

Kevin Warsh tries being a normal central banker

And markets like it

What makes a great investor?

A big dose of luck, and a distinctly odd character

Why bond markets are unnerving rich-world politicians

As stocks rise ever higher, yields have been climbing ominously

Stock indices no longer reflect equity reality

Lies, damned lies and stock markets

Can Singapore ever build a proper stock market?

The city-state wants to fill a hole in its financial portfolio

Hooray for index funds—just don’t call them passive

Jack Bogle’s creation has transformed markets, and involves plenty of choices

Investors in Situational Awareness deserved to lose their shirts

The plight of the hedge fund says more about them than about its 24-year-old founder

Retail investors should beware perpetual futures

These peculiar products, popular in the crypto world, are hitting the mainstream

Can prediction markets win over Wall Street?

Clearing the regulatory hurdles is only half the battle

How investors learned to live with inflation

Fewer than ever believe central bankers will bring it back to target

A new golden age for Japanese banks comes with a catch

Smaller lenders are saddled with low-return bonds they cannot sell

America’s bull market has entered its manic phase

Options markets show optimism is giving way to euphoria

Stears wants to be Africa’s Bloomberg terminal

As the continent’s markets mature, high-quality financial analysis is more essential than ever

Giga-IPOs are a symptom of public markets’ giga-problem

The incredible shrinking stockmarket

Investors fear another surge in inflation

So why aren’t more buying inflation-protected bonds?

Index rebalancing is now the biggest event in markets

But profiting from it is another matter

The stablecoin market has got too stable

Rapid growth in dollar-backed crypto has stalled

American corporate profits keep shrugging off global tumult

Earnings expectations are through the roof

How to build a portfolio when bonds fail to buffer stocks

The classic hedge has fallen apart, but don’t dump it just yet

Can the secondary market allay private-credit fears?

In the short run, a bit. In the long run, a lot more