Monthly Archives: March 2021
Emerging markets hedge fund assets extend record as expectations for global growth rise
(Opalesque) Emerging Markets (EM) hedge funds, led by funds investing in China, surged in 4Q to extend FY 2020 gains as EM hedge fund capital reached a new record, driven by gains in EM regional equity markets and surging cryptocurrencies. […]
Investors weigh new stock leadership as broader market wobbles
(CNBC) A shakeup in stocks accelerated by the past week’s surge in Treasury yields has investors weighing how far a recent leadership rotation in the U.S. equity market can run, and its implications for the broader S&P 500 index. To […]
Tech and financials boost $46.2 billion flows into global equity funds: BofA
(Reuters) Investors piling into tech and financial stocks helped equity funds attract $46.2 billion in their third-largest inflow on record in the week to while inflation linked bonds also shone, BofA’s weekly fund flow data showed on Friday. The data, […]
Dow futures rise around 200 points as Treasury yields fall
(CNBC) U.S. stock futures rose sharply in early morning trading on Monday, as Treasury yields continued to retreat from their highs from last week. Dow futures rose 192 points. S&P 500 futures and Nasdaq 100 futures also both traded in […]
Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
(CNBC) Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 90-year-old investing legend has been publishing the letter for six decades and it has become a must read for investors around the world. To read the letter and article:
Warren Buffett says ‘never bet against America’ in letter trumpeting Berkshire’s U.S.-based assets
(CNBC) Warren Buffett, the 90-year-old “Oracle of Omaha,” remains a firm believer in the American dream, saying in his closely watched annual shareholder letter to “never bet against America.” To read this article:
Here’s who qualifies for a $1,400 stimulus payment under the American Rescue Plan
(CNBC) House Democrats passed the $1.9 trillion American Rescue Plan early Saturday morning, which includes a provision for a third stimulus check worth up to $1,400 for taxpayers and each of their dependents. Individuals earning an adjusted gross income (AGI) […]
Archegos fallout wipes over $9 billion from market value of Credit Suisse, Nomura
(Reuters) Investors on Wednesday tallied the fallout from Archegos Capital’s dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed. To read this article:
Archegos fallout wipes over $9 billion from market value of Credit Suisse, Nomura
(Reuters) Investors on Wednesday tallied the fallout from Archegos Capital’s dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed. To read this article:
Stock futures rise, extending market’s rebound from massive coronavirus sell-off
(CNBC) Stock futures climbed higher in overnight trading on Monday, continuing the market’s rebound from its deep rout triggered by the coronavirus pandemic. Futures on the Dow Jones Industrial Average rose about 170 points, pointing to an implied opening gain […]
U.S. Congress eyes next steps in coronavirus response
(Reuters) – Three days after passing a $2.2 trillion package aimed at easing the heavy economic blow of the coronavirus pandemic, the U.S. Congress was looking on Monday at additional steps it might take as the country’s death toll approached […]
American Airlines seeking up to $12 billion from aid package:
(Reuters) – American Airlines Holdings Inc (AAL.O) intends to apply for up to $12 billion in government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives said in a memo to employees on Monday. To […]