Category Archives: Syndicated
OECD reports on FDI flows in the time of COVID-19
(Opalesque) COVID-19 has provoked a global health crisis and severe economic disruptions. This is also impacting the foreign direct investment (FDI) decisions of firms. What is this likely to mean for FDI flows in 2020? To read this article:
Alternative asset industry faces short-term disruption but positive longer-term outlook
(Opalesque) The economic interruption and travel restrictions have led investors to delay making fund commitments, and fund managers have faced challenges in fundraising, deal origination, and portfolio company operations, said a survey. To read this article:
‘There is no point’ in the Fed going to negative interest rates, argues JPMorgan
(CNBC) As markets begin pricing in the possibility of the Federal Reserve bringing interest rates into negative territory, JPMorgan Asset Management’s David Kelly argues that such a policy move makes little sense. To read this article:
Dow futures up nearly 300 points after Nasdaq Composite claws back 2020 losses, jobs report ahead
(CNBC) U.S. stock futures rose Thursday night after more gains in tech led to the Nasdaq Composite erasing all of its losses for 2020. Dow Jones Industrial Average futures were up by 278 points, implying an opening gain of about […]
Cryptocurrency market jumps by over $13 billion driven by bitcoin as major technical event approaches
(CNBC) A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors. To read this article:
As the S&P 500 surges from March lows, investors fled the most popular stock-market fund
(Marketwatch) Tom McClellan, market technician and publisher of the McClellan Market Report, says investors are fleeing one of the most popular exchange-traded funds on Wall Street, even as stocks rally off their March lows. The State Street-sponsored SPDR S&P 500 […]
Distressed credit could exert a gravitational pull as US managers launch opportunistic vehicles
(Hedgeweek) The hedge fund industry recorded USD33 billion of redemptions in Q1 according to HFR, making it the highest figure since the second quarter of 2009, as investors de-risked their portfolios. But this redemption figure could arguably be even higher […]
COVID-19 negatively impacts private capital fundraising but there are also some bright spots
(Opalesque) COVID-19 is disrupting private capital fundraising as more than half of GPs surveyed by Preqin says that fundraising activity has slowed down. Well over two-thirds (69%) of GPs Preqin surveyed say that fundraising from potential investors has been negatively […]
April employment report is expected to show more than 20 million lost jobs and depth of pain as US economy shut down
(CNBC) April’s jobs report will be horrific, and with the worst job losses ever, it should provide a critical look into the depths of the crater the economy has fallen into. Economists expect a record 21.5 million jobs were lost […]
The head of world’s largest asset manager warns of grim outlook
(Marketwatch) BlackRock’s Chief Executive Larry Fink forecast a dour near-term outlook for the economy as states and businesses grapple with reopening from COVID-19 lockdowns that have likely driven the U.S., and the rest of the world, into a deep recession, […]
Stock futures rise as Wall Street awaits latest jobless claims figures
(CNBC) Futures contracts tied to the major U.S. stock indexes ticked higher early Thursday, suggesting Wall Street may be set for modest gains on Thursday after the government’s next jobless claims report. Dow Jones Industrial Average futures rose 110 points, […]
Wall Street is too optimistic as global economies start reopening, Stephen Roach warns
(CNBC) Stephen Roach warns the market is misjudging the coronavirus’ impact on economyOne of the world’s leading authorities on Asia is worried Wall Street is miscalculating China’s efforts to reopen its economy. While it’s going relatively smoothly on the supply […]