CPI vs PCE: Why the Fed Targets PCE Inflation
CPI vs PCE explained: how the two US inflation gauges differ in scope, weights, and formula, and why the Fed’s 2% target rides on core PCE.
Warsh Takes Fed Chair: Bond Yields Fall as Powell Era Ends
Kevin Warsh was sworn in as Fed Chair on May 22, replacing Jerome Powell. Treasury yields fell across the curve in his first week.
Incyte’s frontMIND Hits in DLBCL – At a Toxicity Cost
Incyte’s Phase 3 frontMIND trial cut DLBCL progression risk 25% with tafasitamab + Revlimid + R-CHOP, but severe adverse events and deaths from toxicity ran ahead of standard care.
Credit Default Swaps Explained: How Bond Insurance Works
What is a credit default swap? How CDS premiums, credit events, and the ISDA auction work, with worked numbers and verified market data.
Applied Aerospace IPO: $634M Defense Float Tests AADX Demand
Greenbriar-backed Applied Aerospace & Defense sets terms for a $634M NYSE IPO at a $3.33B market cap, pricing June 2 under ticker AADX.
Nvidia’s $80B Buyback and 25x Dividend Hike, Explained
Nvidia returned $20B in Q1, added an $80B buyback authorization, and lifted its dividend 25x – even as it zeroed China out of its outlook.
Options Greeks Explained: Delta, Gamma, Theta, Vega, Rho
A plain-English guide to the five option Greeks — Delta, Gamma, Theta, Vega and Rho — with worked examples, charts and common mistakes traders make.
Cat Bonds Hit Record $69.9B as Hurricane Season Opens
Cat bond market enters 2026 Atlantic hurricane season at a record $69.9B outstanding, with $15.5B issued YTD as NOAA forecasts a below-normal season.
Ambarella Falls 21% on Q1 Beat as Guidance Lands In-Line
Ambarella stock tumbled 21% Friday despite a Q1 FY27 earnings beat. In-line Q2 guidance disappointed a market priced for upside.
Bond Convexity Explained: Why Duration Isn’t Enough
Duration is a tangent line; convexity is the curvature. Here is the formula, a worked 10-year Treasury example, and why MBS has negative convexity.