published May 31st 2017, 6:50 pm, by Christopher Balding (Bloomberg View) —For the first time ever, China is facing a dreaded prospect: the inverted bond yield curve. The phenomenon, in which long-term interest rates sink below short-term interest rates, has caused some consternation among market-watchers, who know it’s traditionally a

(Note: All Marvel characters and images are property of Marvel Comics Group, no copyright infringement is intended) Stan Lee is a man who has definitely led the life of imagination and fantasy. He is currently 94, a good long life by anyone’s standards. I hope that he will continue for

published May 30th 2017, 3:58 pm, by Scott Soshnick (Bloomberg) —Former Florida Governor Jeb Bush abandoned his effort to buy baseball’s Miami Marlins, leaving Derek Jeter to pursue the club on his own, according to people familiar with the matter. Bush and Jeter won the auction to buy the team last

published May 30th 2017, 3:42 pm, by Matt Scully (Bloomberg) —Fewer subprime borrowers are paying off their auto loans early, a possible sign that consumers with weaker credit scores are struggling more, according to a report by Wells Fargo & Co. researchers. Borrowers are making fewer extra payments on loans that

published May 30th 2017, 4:01 pm, by Spencer Soper (Bloomberg) —Amazon.com Inc.’s shares rose briefly just above $1,000 for the first time Tuesday, marking a new milestone for a company wooing investors by dominating online commerce and cloud computing. Amazon hit an intraday high of $1,001.20 in New York before

published May 29th 2017, 1:46 pm, by Ryan Beene and Megan O’Neil (Bloomberg) —U.S. President Donald Trump stuck to a traditional script in his first public appearance since returning from Europe and the Middle East as the White House grapples with revelations of mounting scrutiny into son-in-law Jared Kushner’s outreach

published May 26th 2017, 12:26 pm, by Max Nisen (Bloomberg Gadfly) —Trumpcare’s chances of becoming law took a big hit this week. But the hospitals and Medicaid insurers directly in its path can’t rest easy. Shares of such companies rose on Thursday, presumably cheering the Congressional Budget Office’s score of

published May 29th 2017, 4:30 pm, by Samuel Potter and Aline Oyamada (Bloomberg) —Global stocks were mixed and the dollar and euro traded sideways amid thin trading as investors weighed the latest comments from a Federal Reserve official on the path of U.S. borrowing costs and Mario Draghi’s dovish message to

published May 26th 2017, 8:48 am, by Matt Levine (Bloomberg View) — VIX manipulation We talked on Wednesday about the CBOE Volatility Index, the VIX, which is an index of implied volatility based on S&P 500 Index stock options. The VIX is used as the reference for VIX futures and

published May 28th 2017, 8:37 am, by Craig Gordon and Jennifer Jacobs (Bloomberg) —Donald Trump lashed out at the “fake news” media in a series of Twitter messages on Sunday after wrapping up his first foreign trip as president — a nine-day excursion from Saudi Arabia to Sicily — without