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Nobody Special Finance

Nobody Special Finance

Business and finance news and analysis every day.

PublishesDailyEpisodes341Founded6 months ago
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InvestingBusiness

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The rampant volatility in global tech stocks in continuing this morning after another selloff in South Korean stocks triggered market circuit breakers. News of Apple raising prices due to memory shortages and OpenAI potentially delaying their IPO sen... more

Micron's big beat and raise last night is driving the Nasdaq sharply higher this morning. Meanwhile Personal Consumption Expenditures (PCE) showed inflation rising to 4.1% year over year in May.

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South Korean memory chip maker SK Hynix is joining in on the big tech stock issuance frenzy with a plan to sell $29B worth of ADRs to US investors. Meanwhile shares of fast food maker Wendy's are ripping this morning as the reddit traders appear to h... more

South Korean stocks took a beating overnight after a selloff that began with SpaceX and US hyperscalers spread across the pond triggering a 10% decline in the KOSPI index. That panic is continuing this morning with the Nasdaq off by more than 900 poi... more

It was a volatile weekend for the Strait of Hormuz that saw wild swings in both tanker traffic and the rhetoric between the US and Iran. Meanwhile UK Prime Minister Keir Starmer has resigned paving the way for Andy Burnham to become the sixth UK Prim... more

Well that didn't take long.

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Kevin Warsh AKA Kurt Hawk had very little to say at his first FOMC press conference yesterday. But what little he did say made one thing abundantly clear: rate hikes are coming.

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Kevin Warsh was installed at Chairman of the Federal Reserve for the sole purpose of cutting rates which now looks increasingly unlikely due to rising inflation. That's something Warsh will be pressed on today during his first FOMC press conference a... more

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Nobody Special Finance launched 6 months ago and published 341 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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