Category Archives: Syndicated
Small caps’ breakout is just starting, $17 billion money manager predicts
(CNBC) Bryn Mawr Trust’s Jeff Mills is making a big bet on the economic recovery. After years of decline, he predicts small-cap stocks’ 2020 comeback will deliver even bigger gains to investors next year. “We’re at this point where monetary policy […]
U.S. Treasury yields 2020 drop makes way for slow grind back in 2021
(Reuters) The U.S. Treasuries market took investors on a bumpy ride in 2020, with yields plunging to historic lows in the early part of the year before a partial grind back in the second half. Investors are looking for yields […]
2021 may mark the first inflation comeback in a generation, market researcher Jim Bianco warns
(CNBC) Wall Street forecaster Jim Bianco is bracing for a 2021 inflation comeback. His main catalysts: hundreds of billions of dollars in federal coronavirus aid and vaccines that begin normalizing the economy. To read this article:
Hedge fund Third Point urges Intel to explore deal options
(Reuters) Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should keep chip design and production under one roof, according to a letter it sent to the company’s chairman on Tuesday that […]
Hedge funds recorded their strongest return in over a decade lead by the long/short equities
(Opalesque) Hedge fund managers the ended month of November up 4.49% on an equal-weighted basis, and 3.51% return on an asset-weighted basis, said a press note by Eurekahedge. The better-than-expected efficacy of the COVID-19 vaccines and optimism on the new […]
Hedge funds had their best month since 2009. They’re still not keeping up with the stock market
(Marketwatch) Hedge funds had their best month in over a decade in November, but continue to perform worse than the broader market, once again raising questions about the value of expensive active investment management. Data from hedge fund tracker Eurekahedge released […]
$600 stimulus checks are officially on the way. Here’s who will get them first
(CNBC) The $600 stimulus checks from the latest Covid relief bill are officially on their way to bank accounts, according to two tweets from Treasury Secretary Steven Mnuchin on Tuesday evening. The checks could arrive as early as Wednesday for […]
McConnell blocks $2,000 stimulus checks, then ties them to unrelated Trump demands on tech and election
(CNBC) Senate Majority Leader Mitch McConnell on Tuesday blocked Senate Minority Leader Chuck Schumer’s attempt to unanimously pass a bill to increase direct payments in the year-end coronavirus relief package to $2,000. To read this article:
Stock futures advance as market tries to reclaim record highs
(CNBC) U.S. stock index futures were little change in overnight trading on Tuesday as the market tried to reclaim record highs. Contracts tied to the Dow Jones Industrial Average gained 36 points. S&P 500 futures gained 0.12%, while Nasdaq 100 […]
SEC gives “special purposes” brokers the go-ahead on digital assets
(Opalesque) Christmas came early for many in the digital asset community by way of a statement from the U.S. Securities and Exchange Commission on December 23, 2020 that grants relief in the area of broker “custody” of digital asset securities. […]
House passes bill for $2,000 stimulus checks – leaving it up to GOP-controlled Senate
(CNBC) The House voted Monday to increase the second round of federal direct payments to $2,000 as Democrats embrace President Donald Trump’s calls to put more money in Americans’ pockets. To read this article:
JPMorgan is acquiring a major credit card rewards business in a bet that travel will rebound next year
(CNBC) JPMorgan Chase has agreed to purchase one of the biggest third-party credit card loyalty operators in a bet that pleasure travel will rebound sharply after the coronavirus pandemic subsides, CNBC has learned. To read this article: