Category Archives: Syndicated
Big Tech kicks off 2021 with a slump amid broader sell-off
(CNBC) Shares of the largest technology companies dipped in the first trading day of 2021, a bumpy start for the sector that posted some of the highest gains last year. Big Tech’s Monday drop came amid a broader market sell-off, attributed […]
Wharton’s Jeremy Siegel: ‘Dow could easily tack on another 10% to 15%,’ but warns of a near-term setback
(CNBC) Wharton finance professor Jeremy Siegel is predicting Dow 35,000, but he warns Wall Street will have to cope with a near-term setback first. To read this article:
Why the Fed’s inflation push could turn from friend to foe for the market this year
(CNBC)The Federal Reserve enters the new year with a fresh challenge on its plate, namely whether its commitment to higher inflation will bring power or poison to financial markets. To read this article:
Hedge funds bet on recovery in 2021
(Reuters) – Some global hedge fund investors are going into 2021 optimistic about a speedy snap-back from the economic challenges related to the coronavirus pandemic. To read this article:
A 2021 vision: what every fund manager is buying (or selling)
(Reuters) – Dump the dollar! Buy emerging markets! Stay sustainable! These are among the consensus trades investment banks and asset managers reckon will dominate financial markets in 2021. To read this article:
Stock futures slip as Wall Street kicks off the new year
(CNBC) U.S. stock futures slipped on Sunday night ahead of the first session of 2021 following a volatile year of trading. Dow Jones Industrial Average futures were down 47 points, or 0.2%. S&P 500 and Nasdaq 100 futures traded lower […]
New market dynamics foster hedge fund renaissance with more funds launching
(Opalesque)The HFR Market Microstructure Report revealed that new hedge fund launches increased to the highest level in five quarters in 3Q 2020 on optimism in the US economy, as managers and investors positioned for acceleration of performance gains and capital […]
Gene Munster, who called Apple’s run to $2 trillion, says a path to $3 trillion is in sight
(CNBC) Tech investor Gene Munster sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August […]
Stocks and bitcoin are massive bubbles, long-time bear David Rosenberg warns
(CNBC) Long-time market bear David Rosenberg is warning investors the stock market and bitcoin are massive bubbles. The economist and strategist cites crowded trades amid a struggling economic backdrop for his concerns. To read this article:
Hedge fund Alden Global seeks to buy Tribune Publishing -WSJ
(Reuters) U.S. hedge fund Alden Global Capital is planning to buy newspaper chain Tribune Publishing Co, the Wall Street Journal reported on.wsj.com/2L2JAYV on Wednesday, citing people familiar with the matter. To read this article:
Hedge fund launches rise as industry positions for growth in 2021
(Opalesque) New hedge fund launches increased to the highest level in five quarters in 3Q 2020 on optimism in the US economy, as managers and investors positioned for acceleration of performance gains and capital growth into 2021, according to the […]
Morgan Stanley repays $1.7 million to college savers for high-cost investments
(CNBC) Morgan Stanley will repay $1.7 million to customers who paid high costs on investments earmarked for education expenses like college tuition. The brokerage firm is paying the sum, including nearly $1.5 million in restitution plus interest, to about 2,300 […]