On Friday, the United States prohibited the exportation, re-exportation, sale, or supply, directly or indirectly, from the United States, or by a United States person, of US dollar-denominated banknotes to the Russian government or any person located in Russia. The White House is ramping up economic pressure on Russia over the war in Ukraine.
After analyzing small-cap biotech data from 2007 on, Akash Goyal has found that higher hedge fund ownership is positively correlated with forward returns and that stocks with higher short interest are correlated with negative forward returns.
A ‘comprehensive’ strategy is in the works, while the Fed asks to devise a ‘digital dollar’ The White House will unveil a comprehensive set of regulations targeting cryptocurrency on Wednesday, President Joe Biden has revealed. The president called it “the first ever whole-of-government approach to addressing the risks and harnessing the potential benefits of digital…