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Wall Street Selloff Across Assets Rattles Risk-Parity Quants

(Bloomberg) -- A breed of quant investor that spreads bets across assets is reeling this week as the hawkish monetary era intensifies.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsBonds Halt Fed-Fueled Slide as Stocks Fluctuate: Markets WrapThe synchronized sl...
Ray Dalio George Cipolloni Lu Wang Bloomberg Businessweek Federal Reserve Parag Thatte At Deutsche Bank Research
Source: yahoo.com

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Powerball Play Down: Players Too Bored or Too Broke

It seems Powerball has lost its zip. The Wall Street Journal reports, “There were $152 million in nationwide sales for Saturday’s $829 million jackpot—a 25% decline from the $197 million in sales for another $825 million Powerball drawing on Oct. 29, 2022, according to Lottoreport.com, which tracks sales.” The WSJ found an economist to weigh in with some words of wisdom:
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Source: mises.org

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