Tag Archives: Quants

Your Daily Dose of Financial News

BY: Michael D. Reif | November 9, 2018

As widely expected, the Fed held rates steady when it wrapped its Open Market Committee meeting yesterday afternoon and deemed the economy “in good health,” laying the groundwork for another rate increase next month – NYTimes and WSJ and Bloomberg The DOJ has filed a complaint against the Swiss banking giant UBS over its “issuance, … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 26, 2017

So what happens when traders attempt to manipulate the index that’s meant to measure fear in the stock market itself? Well, we might just be finding out. Two UT Austin researchers think that we’re seeing efforts to mess with the value of VIX derivatives—a troubling accusation (and a controversial one, at that) – WSJ More … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 25, 2017

Do we know that given the sometimes-dubious accuracy of their grades, the ratings agencies aren’t always to be trusted?  We do. Should we still take note when Moody’s decides to downgrade China’s sovereign debt? We should. An explanation: – NYTimes and WSJ and Bloomberg Several members of healthcare hedge fund Deerfield Mgmt have been implicated … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 23, 2017

More on the shake-up at the top for Ford, including a look at new CEO Jim Hackett – NYTimes and WSJ and Bloomberg Arconic and Elliott Mgmt have found some common ground after their months-long proxy dispute, but man, this activist battle was a doozy – NYTimes and WSJ and Law360 Part II of the … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 22, 2017

We learned pretty early on that VW wasn’t alone in employing emissions-cheating software to get around environmental regs. But until now, it’s borne the brunt of the bad press for its actions.  Well, with Fiat Chrysler’s DOJ negotiations and pledge to modify 100,000 vehicles, VW might finally have some front-page company – NYTimes Though at … Continue reading