RV Blog Bankruptcy

Bankruptcy

Marc Cohodes of Alder Lane Farm pulls no punches as he diagnoses the true culprits behind the exponential volatility in stocks such as GameStop: extreme leverage and the hedge funds who use it in order to juice returns. Cohodes argues that hedge funds like Point72 and Melvin Capital are creating significant systemic risk for all market participants.

Here are today’s biggest headlines, including updates on Twitter’s massive hack, California Resources’ bankruptcy, and the 30-year mortgage rate reaching a record low.

Here are today’s biggest headlines, including updates on Disney World’s re-opening, Goldman Sachs’ surprise earnings release, and the dire warning from the Godfather of the “Altman Z-Score”

Critical Market Context for the Week Ahead. There doesn’t seem to be a time in recent memory where Wall Street and Main Street have been so estranged from the other.

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The latest news analysis on what’s next for our new global economy