(CNBC) BlackRock’s Rick Rieder told CNBC on Tuesday he frequently has discussions about whether the U.S. economy will run too hot, too fast in its recovery from the coronavirus pandemic. “Listen, every client call I’m on including the one I just […]

(CNBC) The U.S. is taking a two-pronged approach toward its goal of implementing a worldwide minimum tax for corporations as it progresses through negotiations with a global consortium, Treasury Secretary Janet Yellen said Tuesday. To read this article:

(Hedgeweek) As global economies prepare to unlock, potentially driving up inflation and interest rates, hedge funds’ low sensitivity to rate moves can help bolster investors’ portfolio performance, says K2 Advisors, the hedge fund investing unit of Franklin Templeton. To read […]

(Reuters) Private-equity firm KKR & Co Inc said on Tuesday its first-quarter after-tax distributable earnings surged 63% year-on-year, driven by growth in its capital markets business and public market holdings. After-tax distributable earnings (DE) – the cash used for paying […]

(Reuters) Making money at Berkshire used to be like “shooting fish in a barrel,” Buffett’s long-time business partner Charlie Munger said at its annual meeting on Saturday. “But that’s gotten harder,” Munger added. To red this article:

(Reuters) Retail-focused brokerage Robinhood Financial has hit back against comments by Warren Buffett who on Saturday likened the millions of inexperienced day traders who entered the stock market in the past year to gamblers. To read this article:

(CNBC) Wealthy families could face combined tax rates of as much as 61% on inherited wealth under President Joe Biden’s tax plan, according to a recent analysis and tax accountants. To read this article:

(Hedgeweek) Discretionary macro hedge funds can expect a “fruitful opportunity set” over the next three months thanks to continued market unpredictability, but falling default rates have soured the Q2 outlook for distressed credit strategies, according to Man FRM’s quarterly hedge […]

(CNBC) Richmond Federal Reserve President Thomas Barkin told CNBC on Monday that he sees inflation pressures building this year that he expects to subside in 2022. “I think we will see price pressure this year. You’ve got a very strong […]

(CNBC) Alan Patricof, a longtime tech investor and Democratic donor, says he is not concerned about the prospect of higher capital gains taxes for wealthy Americans. To read this article:

(CNBC) The “sell in May, and go away” strategy isn’t getting much love on Wall Street this year. Market pros acknowledge that history clearly shows the market’s strongest six-month period is November to April, but they also say that’s not […]

(HedgeWeek) While investors pulled USD9.36 billion from the global hedge fund sector in March, quarterly flows remained positive, at +USD17.68 billion, according to the just-released March 2021 eVestment Hedge Fund Asset Flows Report.  To read this article: