Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Dewey Cheatum a.
Goldman FICC Revenue Plunges 40%, Worst Since 2015, Blames "Low Client Activity"
While Goldman's overall results reported moments were generally solid, with the bank reporting Q2 revenue of $7.89 billion (exp.
Kremlin: Brexit Is Like Soviet Breakup
The last leader of the Soviet Union, Mikhail Gorbachev, previously said: The most puzzling development in politics during the last decade is the apparent determination of Western European leaders to re-create the Soviet Union in Western Europe. And in the wake of Brexit, today's Kremlin said much the same thing: It’s obvious that the U.K. is going through a “turbulent, confusing and unpredictable period,” Dmitry Peskov [Vladimir Putin’s spokesman] told reporters on a conference call Monday.
Behold Corporate Incest
The list of SolarCity directors who will vote on Tesla’s $2.86 billion bid is getting shorter, as Bloomberg reports two more directors have recused themselves, as the incestuously deep connections between the two companies create clear potential conflicts of interest, according to analysts and experts in governance issues. A few of the directors are related by blood, others have through longstanding personal and professional relationships and some made significant investments in both companies...
"The Fed Has Failed" - A Disturbing New Warning From Bank Of America
First Deutsche Bank, then Citi, and now Bank of America. Following Wednesday's disastrous FOMC statement and Janet Yellen press conference, we predicted that it is only a matter of time before we get a return of the "Policy Failure" narrative.
Reuters 'Explains' Today's Market Move
Uncertain WTF happened today in every market? Reuters has the unbelievable answer... As shocking as that Reuters' headline is, it appears - for now - to be exactly the catalyst that sparked panic-buying in Sterling, on hopes that a Brexit vote may be delayed, which in turn lifted all risky boats dramatically...
"Loan Stacking" - The Blind Spot That Could Blow Up The P2P Model
Back in February we noted that there were cracks starting to show in the world of P2P lending, and more specifically, with LendingClub's inability to assess credit risk of its borrowers that were causing the company to experience higher write-off rates than forecast. From that February post, here is a chart that was used in a LendingClub presentation showing just how far off the company was in predicting write-off rates - it was evident then that their algorithms weren't working very well.
Work Won't Be Scarce - It's Paid Work That Will Be Scarce
Submitted by Charles Hugh-Smith of OfTwoMinds blog, We need a new economic model that recognizes the value of useful work that isn't necessarily profitable. All the media chatter about work disappearing due to automation fails to draw the critical distinction between useful but unpaid work and profitable work.
S&P Breaks Below Crucial Support As BofAML Warns Of Bearish "Shooting Star"
The S&P 500 tested resistance at the November and May 2015 peaks of 2116-2135 last week but closed near the week’s lows to form a bearish reversal (shooting star) on the weekly candle chart. This pattern, as BofAML's Stphen Suttmeier notes, could provide an overhang, similar to the late April and early November bearish weekly candles, especilaly worrisome as S&P breaks below near-term key resistance at 2085-2077 this morning.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Dewey Cheatum
Contact Dewey Cheatum, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack