Category Archives: Syndicated
Hedge fund confidence grows for the year ahead, says AIMA Confidence Index report
(Hedgeweek) The latest edition of the AIMA Hedge Fund Confidence Index (HFCI) – a global index that measures confidence hedge funds have in the economic prospects over the next 12 months – reveals that the average measure of confidence has […]
‘Day of reckoning’ is coming for high-flying tech stocks, Wells Fargo warns
(CNBC) Wells Fargo Securities’ Chris Harvey is doubling down on his Big Tech warning, saying a “day of reckoning” is ahead. He’s urging investors to take profits in light of risks associated with rising interest rates. “The premium that you’re […]
Investors forecast commodities trading surge as supercycle kicks in
(Hedgeweek) Professional investors are forecasting a surge in commodities trading over the next 12 months as the so-called commodity supercycle takes effect, new global research from blockchain-based derivatives trading platform CloseCross shows. To read this article:
Wall St Week Ahead Investors eye high-dividend stocks as Treasury yields languish
(Reuters) Expectations that Treasury yields may stay tame in the second half of the year are pushing some investors to take a second look at companies whose dividend payouts beat those offered on U.S. government bonds. The ProShares S&P Dividend […]
Point72 Seeks Crypto Head While Soros Starts Bitcoin Trading
(Bloomberg) Steve Cohen’s Point72 Asset Management is seeking to hire a head of cryptocurrencies, while the family office of billionaire George Soros has started trading Bitcoin, according to people familiar with the matter. Spokespeople for the firms declined to comment. […]
Hedge funds on a high as new launches outweigh liquidations
(Hedgeweek) More hedge funds were launched in the first quarter of this year than at any other time since the end of 2017, with the number of new strategy roll-outs outstripping liquidations for the third consecutive quarter, amid further signs […]
Bets ramping up for lower Treasury yields in the second half of 2021
(Reuters) Some investors are betting that U.S. government bond yields will stay subdued or continue weakening in the second half of the year, a sharp departure from the first quarter, when an unexpected surge in yields prompted many analysts to […]
Robinhood has 18 million accounts with $80 billion in assets after rapid growth, IPO filing shows
(CNBC) Unlike many recent IPOs, Robinhood was profitable last year, generating a net income of $7.45 million on net revenue of $959 million in 2020, versus a loss of $107 million on $278 million in 2019, according to Robinhood’s S-1 […]
General Mills is the latest company to face a big inflation hit
(CNBC) General Mills is finding out that inflation isn’t exactly a Lucky Charm. The maker of the “magically delicious” cereal, along with a slew of other food products, told investors Wednesday that the company expects to see inflation running at […]
Job growth likely will look stronger in June report as companies scramble to find workers
(CNBC) June jobs growth is expected to outpace May and more Americans rejoined the workforce, even as companies continued to struggle to find employees to hire. Economists expect nonfarm payrolls grew by 706,000 jobs in June and the unemployment rate […]
Robinhood to pay $70 million fine after causing ‘widespread and significant harm’ to customers
(CNBC) Popular investing platform Robinhood has agreed to pay nearly $70 million to the financial industry regulatory authority (FINRA) to settle allegations that the brokerage caused customers “widespread and significant” harm on multiple different fronts over the past few years. […]
Charlie Munger calls Robinhood ‘a gambling parlor’—here’s how Warren Buffett says to invest instead
(CNBC) Berkshire Hathaway’s Charlie Munger isn’t impressed with the recent popularity of stock trading apps like Robinhood, saying that they are akin to “a gambling parlor.” The billionaire investor appeared with fellow investing legend Warren Buffett on CNBC and the […]