Wall Street Pulls Back From a Money-Spinning Bitcoin Trade

Published on January 22, 2026

A quiet but telling shift is unfolding in the crypto derivatives market, as one of the most reliable money-making trades shows signs of breaking down.

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Core PCE Inflation at 2.8% in November, as Expected

January 22, 2026
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. This was consistent with the forecast and a slight pickup from October's 2.7% reading. On a monthly basis, the core index was up 0.2%, as expected.

Key Takeaways from Heckerling 2026

January 22, 2026
Trusts & Estates Editorial Advisory Board Members share their views.