Monthly Archives: January 2022
Here’s why Morgan Stanley is cutting its forecast for China’s first quarter GDP
(CNBC) The economic costs of China’s zero-Covid policy are increasingly expected to outweigh its benefits, according to U.S. investment bank Morgan Stanley. China’s zero tolerance for Covid leaves the country at a disadvantage compared to other countries with an endemic […]
Green energy stocks attract hedge fund short-sellers
(Hedgeweek) Sustainable energy stocks have attracted the interest of hedge fund short sellers, according to a report in the Financial Times, with managers betting that the prospect of interest rates rise will mean companies with strong environmental credentials but weak […]
North America dominates the family office market with more than 92,000 wealthy individuals
(Opalesque) North America holds nearly two-thirds of family offices globally, where investments are made through Single Family Office (SFO) and Multi-Family Office (MFO), said a study. North America dominates the family office market with more than 92,000 wealthy individuals. The […]
SEC Obtains Final Judgment Against Promoter Charged in a Fraudulent Pyramid Scheme.
(HedgeCo.Net) The U.S. District Court for the Eastern District of New York has entered a final judgment against defendant Heidi Mao in a previously filed civil action that charged Mao with promoting investments in a fraudulent pyramid scheme. The SEC’s […]
Microsoft beats on earnings and revenue, delivers upbeat forecast for fiscal third quarter
(CNBC) Microsoft reported better-than-expected earnings and revenue for the fiscal second quarter. The stock initially dropped in extended trading but turned positive after the company issued a sales forecast that also exceeded estimates. To read this article:
‘Take a chill pill, stay long’ — Anthony Scaramucci says bitcoin’s recent plunge won’t last
(CNBC) Buyers should cool off on cryptocurrency concerns and make some long-term investments instead, SkyBridge Capital’s Anthony Scaramucci told CNBC on Tuesday. Some people think bitcoin is “rat poison,” as billionaire investor Warren Buffett once described it; others think it’s […]
The Fed is likely to signal a March interest rate hike and that further policy tightening is coming
(CNBC) The Federal Reserve is expected to signal at its meeting this week that it is ready to raise interest rates as soon as March and that it will consider other policy tightening, reversing the easy policies it put in […]
Stock futures rise slightly after another wild ride on Wall Street, Fed meeting in focus
(CNBC) Stock futures rose slightly Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures climbed 54 points, or 0.2%. S&P 500 futures rose 0.2%, and Nasdaq 100 futures gained 0.4%. Microsoft shares rose 2% in […]
Digital asset funds see inflows of USD14.4m
(CNBC) Digital asset investment products saw inflows totalling USD14.4 million last week, breaking the prior five-week run of outflows, according to the latest weekly Digital Asset Fund Flows Report from Coinshares. To read this article:
Former Financial Advisor Charged with Stealing $5.8 Million from Client
(HedgeCo.Net) The Securities and Exchange Commission has charged German Nino, a former securities broker and investment adviser representative for UBS Financial Services Inc., with stealing $5.8 million from a long-standing client. The SEC’s complaint alleges that Nino, of Weston, Florida, […]
Short sellers are up $114 billion this year with winning bets against Tesla and Netflix
(CNBC) Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets. The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according […]
SEC considering new disclosure deadlines for activist hedge funds
(Hedgeweek) The Securities & Exchange Commission (SEC) is considering proposals to tighten the disclosure deadline for hedge funds that hold significant shares in companies, according to a report by Bloomberg. To read this article: