Executive Editor, Markets New York
Ethan Caldwell is Executive Editor of Thewealthora's Finance Wire, the desk that carries this site's fast coverage of US equities, corporate earnings, central bank decisions and the macro calendar.
He came to the desk with ten years of writing on this beat, most of it freelance, on commission for publishers covering the same markets he runs coverage of here.
He sets the rules every brief on the markets desk is written to, and they are deliberately narrow. A story runs only when something has actually changed, and it has to say in its first two lines what moved and what that costs or pays the reader. Every percentage carries the window it was measured over, because a number without a timeframe is not a fact. Every brief names the primary report it is built on and links to it, so the reader can go and read the filing rather than take a summary of it on trust. Levels are quoted against Thewealthora's own market feed, the same one that drives the live tape across this site, which means a figure in a story and a figure on the markets page cannot disagree.
His beat is the part of the market where the mechanism matters more than the move: why a guidance cut hits the multiple and not just the price, what a rate decision does to the cost of a mortgage, which line of an earnings release the tape was really reacting to. Nothing on this desk is investment advice, and none of it is written to tell a reader what to buy.
