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Week in review: Behind the stock market's wild swings – plus, 7 trades we made
Rate-cut odds surged to 71% after New York Fed comments, while major indexes ended the week down 2% or more amid mixed earnings and economic signals.
Summary by CNBC
2 Articles
2 Articles
Fannie, Freddie shares mimic meme-stock mania with wild swings
Bill Ackman lit the fire and Bill Pulte supercharged it. Their influence helped drive retail traders to Fannie Mae and Freddie Mac, whose shares have soared more than 500% since Donald Trump’s election a year ago. But now, as equity markets are gripped by volatility and crypto assets suffer their worst rout in years, those same investors are fleeing. Thursday’s wild selloffs, and further losses Friday, were a reminder that the fervor of retail t…
·New York, United States
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Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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