CHLA pushes Fed backstop for Ginnie Mae nonbanks

It’s All Debt to Me, by Professor Kate Elengold, is a newly available article sure to be of interest to many Credit Slips readers. Check out the abstract and read the paper by clicking on this link, but in the meantime, an observation from the article’s conclusion, coupled with the article’s graphic of a set…

Foreign exchange trading volumes rose across the largest institutional venues in June, with average daily activity up between roughly 6% and 9% from May at Cboe FX, FXSpotStream, 360T and Euronext FX. The gains came alongside an extra trading session, but per-day figures also improved, pointing to a real pickup rather than a calendar quirk….

Dr Douglas Williams is a veteran senior executive and board member for several biotech companies. During his time at Biogen, ZymoGenetics, Amgen Immunex and Seattle Genetics, he was involved in the development of several multibillion-dollar treatments, including Enbrel, Tecfidera and Spinraza. Matthew Partridge: The time and cost of clinical trials has been seen as one…

In our view, the second quarter was defined by strong but uneven US equity performance. The S&P 500 delivered a solid rebound in April, posting its best monthly gain since November 2020 and moving to fresh record highs before volatility re-emerged in June. The Nasdaq followed a similar pattern, with technology leadership driving the upside…

Some of you may not know that I taught yoga for many years, and even trained yoga practitioners to become teachers. I accidentally discovered the practice in 2011 when I joined a local gym with some friends. It turned out to be the remedy for my daily back pain caused by a car accident back…

The US Senate is scheduled to convene at 3 PM today. The upper house of Congress will be in session this week, but the summer recess will kick in at the end of the week, with Senators not scheduled to return until September 14th. As of this writing, the CLARITY Act, the vital crypto market…