Meltdown

Oil plunge, tech meltdown and Fed cuts?  Strategist shares possible market "surprises" in 2023

Oil plunge, tech meltdown and Fed cuts? Strategist shares possible market “surprises” in 2023

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …

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Coinbase Debt Was a 'Canary in the Coal Mine' for Crypto Meltdown

Coinbase Debt Was a ‘Canary in the Coal Mine’ for Crypto Meltdown

(Bloomberg) — Following the dramatic collapse of Sam Bankman-Fried’s crypto empire, many investors are looking for warning signs that may have predicted the contagion that was about to unfold. A possibility ? Coinbase Global Inc.’s junk bonds Bloomberg’s Most Read The largest U.S. digital asset trading platform has seen its bond prices plunge this year. …

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