The price of Bitcoin (BTC) had a mixed reaction on Dec. 9 after the November U.S. producer price report showed a 7.4% increase from 2021. The data suggests that the wholesale costs have continued to rise and inflation may last longer than investors previously believed. Oil prices are also still the focus of investors’ minds, …
Bitcoin Price Liquidation Risk Rises as BTC Struggles to Recover $18,000 Read More »
When Citigroup Chief Executive Jane Fraser was asked earlier this week which risks she was most concerned about, market liquidity topped the list. The Bank for International Settlements is concerned about the “fragile” market for mortgage-backed securities. And volatility soared in US Treasury markets this fall due to low liquidity. As the world is on …
We didn’t reduce financial risk, we just transformed it Read More »
Burning US five and one dollar bills, London, August 8, 2011. (Photo by Tom Stoddart/Getty Images) Getty Images I recently interviewed Sundeep Yerapotina, Chief Risk Officer (CRO CRO ) for Rewards Branded Cards at Citi, who is a personal finance and credit risk management expert on how people can manage credit and financial risk in …
How to manage credit and financial risk in an unstable economy Read More »
Members of a union that mainly represents rail freight drivers have narrowly rejected a provisional work contract, their union said on Monday. If the two sides fail to reach another tentative agreement by early December, railroad workers could strike – an outcome that industry officials say could cost the economy more than $2 billion a …
Key Freight Rail Union rejects deal, raising strike risk Read More »
Some fear that negotiations on raising the debt ceiling will shake the markets, as we have seen … [+] in 2011. Photographer: Michael Nagle/Bloomberg © 2022 Bloomberg Finance L.P. When the US nearly failed to raise the debt ceiling in 2011, stock markets fell more than 10% and US government debt was downgraded by S&P …
