Monthly Archives: January 2022
Earnings season is the next big test for the market and value stocks in the week ahead
(CNBC) The market’s focus in the coming week turns toward fourth-quarter earnings, which are expected to reveal stronger profit growth for economically sensitive stocks compared to technology players. The earnings period could test a theory that value and cyclicals are […]
U.S. stock futures are little changed ahead of more earnings reports
(CNBC) U.S. stock futures were little changed Monday night as traders braced for the latest batch of corporate earnings reports. Futures tied to the Dow Jones Industrial Average ticked higher by 33 points, or 0.1%. S&P 500 futures rose 0.1%, […]
The Fed is about to see a lot of new faces. What it means for banks, the economy and markets
(CNBC) In what likely will be just a few months’ time, the Federal Reserve will look a lot different: Three new governors, a new vice chairman, a new banking chief and likely a couple new regional presidents. But while the […]
SEC Charges ICO Issuer and Founder with Defrauding Investors
(HedgeCo.Net) The Securities and Exchange Commission yesterday announced charges against Australian citizen Craig Sproule and two companies he founded, Crowd Machine, Inc. and Metavine, Inc., for making materially false and misleading statements in connection with an unregistered offer and sale […]
Alternatives AUM to jump to $23.21tn in 2026
(Opalesque) The growth across alternative assets to accelerate over the next five years giving Assets under management (AUM) total for the major alternative asset classes of $23.21tn in 2026, said a study. According to a study by Preqin, AUM in […]
Profits for S&P 500 companies rose 22% in the fourth quarter and nearly 50% in 2021
(CNBC) Earnings season begins with a focus on guidance. It’s a cliché, but it’s true: Investors are focused on the future, not the past. But it’s even more true for 2022 than most other years. Fourth quarter earnings for the S&P […]
Ford’s market cap tops $100 billion for first time ever
(CNBC) Ford Motor’s market value topped $100 billion for the first time ever as the automaker’s stock hit a new 52-week high Thursday. The company’s shares jumped Thursday by as much as 5.7% to $25.87, hitting another 20-plus-year high, before […]
Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes likely this year
(CNBC) Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to fight inflation. To read this article:
SS&C GlobeOp Hedge Fund Performance Index measures 0.51 per cent in December
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2021 measured 0.51 per cent. To read this article:
SEC Obtains Judgment Against Investment Adviser Charged with Defrauding Clients
(HedgeCo.Net) The United States District Court for the Western District of Wisconsin has entered a partial judgment against defendant Michael F. Shillin in a previously filed civil action that charged Shillin with defrauding at least 100 advisory clients. According to […]
Inflation rises 7% over the past year, highest since 1982
(CNBC) Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The consumer price index, a metric that measures costs across dozens of items, increased […]
Hedge Funds AUM up 8.1% in 2021 to $4.32tn, says Preqin
(Hedgeweek) Hedge funds continued to perform well at the close of 2021, according to data from Preqin, with the firm’s 2022 Global Hedge Fund Report revealing that returns across the asset class were up 11.43 per cent (as of September […]