Who Is Mr Big?!
AmplifyME | Mar 15, 2022 06:35
The latest Market Maker podcast episode is out!
This week, we talk about Xiang Guangda a.k.a. 'Big Shot', and the mother of all squeezes in the nickel market.
We look at the mechanics behind the short squeeze and explain how the LME ring works, and whether market manipulation and governance issues plague the last remaining open outcry floor in Europe.
Also up for debate, are stock splits (Amazon (NASDAQ:AMZN)) and an explanation behind PIMCO's $1bn bet on Russia in the derivatives markets.
RUSSIA SOFTENING?
Russian President Vladimir Putin cited “positive movement” in talks with Ukraine earlier today. The result was a moderate relief rally in stocks and gold prices trading back below $2,000.
BLACKROCK RUSSIAN BLUES
$10 trillion dollar asset manager, BlackRock Inc (NYSE:BLK) has recorded a massive $17bn loss on Russian securities! The beast that is Blackrock is usually eating the world but has been caught on the wrong side of the Russian invasion of Ukraine.
GOLDMAN SACHS VIEW ON OIL
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