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Bloomberg Brief (10/24/2024)

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Cathie Wood’s Ark Ditches Ownership Caps, Add SPAC Warning

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Mar.29 — In a filing late last week, Ark Investment Management altered the prospectuses for its ETFs to remove clauses limiting its …

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Fed’s Powell Says U.S. Economy Faces Unprecedented Risks

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May.13 — Federal Reserve Chair Jerome Powell says the U.S. economy faces unprecedented downside risks that could do lasting …

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Wall Street Week – Full Show (06/26/2020)

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Jun.26 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This week’s Wall Street …

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S&P 500 Enters Bear Market Dropping 20% From Closing High

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The S&P 500 fell as much as 2.3%, bringing its decline to more than 20% from its record closing high set on Jan. 3, the first time that has happened since the coronavirus pandemic hit in early 2020. Ross Mayfield of Baird says the worst of the drawdown appears to be over. He’s on “ Markets: The Close.”

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Dollar to Continue on Gradual Depreciation Path: UBP

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Nov.29 — Carlos Casanova, senior Asia economist at Union Bancaire Privée, discusses the outlook for the region’s economies …

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