Category Archives: Syndicated
Stock futures point to opening losses following Monday’s sharp rebound
(CNBC) Stock futures pointed to a Tuesday opening decline in early morning trade, following a steep rebound in the previous session. Futures for the Dow Jones Industrial Average declined 81 points, pointing to a slip of about 151 points at […]
Corona Fighters – Report 1: Asset managers who delivered during the meltdown
(Opalesque) In the midst of the current market turmoil, this is the first of our regular reports on hedge fund managers who are bucking the trend.Niche-oriented strategy that avoids crowded rooms. As reported last month, this manager has done well […]
Investors should prepare for a coronavirus-induced ‘vicious spiral’ twice as bad as the financial crisis, says J.P. Morgan
(Marketwatch) There is a widespread view on Wall Street that the stock market hit its lowest level of the bear market last month, and that a combination of an ebbing of the coronavirus in late spring and unprecedented fiscal and […]
CTAs enjoy solid gains during torrid month for markets
(Hedgeweek) CTA strategies posted positive returns during March as markets were roiled during the sustained economic turbulence, new data from Société Générale shows. To read this article:
Individual investors have $1.5 trillion of cash on the sidelines, J.P. Morgan says. What next?
(Marketwatch) Individual investors have stopped panicking, and they may even start putting their money to work, according to an analysis by JPMorgan Chase & Co. strategists. Over the past four weeks of market mayhem, taking stocks DJIA, +7.73% SPX, +7.03% […]
Coronavirus brings Boeing’s US airplane production to a halt
(CNBC) Boeing on Monday said it will suspend production of 787 Dreamliner planes in South Carolina because of the coronavirus pandemic, a move that puts all of the manufacturer’s production of commercial airplanes on hold. To read this article:
Coronavirus muddies U.S. economic data as business closures push down response rates
(Reuters) – A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in the coming months and harder to get a clearer picture of the severity […]
Wall Street star money manager says S&P 500 could plunge to 1,500
(Marketwatch) Scott Minerd, The global chief investment officer at Guggenheim Partners, in a Sunday research report, estimated that the worst may be far from over for the S&P 500 and the broader market, which is attempting to face a harsh […]
Wells Fargo caps role in coronavirus rescue program at $10 bln
(Reuters) – Wells Fargo & Co said late Sunday that it will cap its participation in the U.S. government’s small business coronavirus rescue program at $10 billion due to regulatory constraints. The $350 billion loan program, which launched on Friday, […]
Stocks are set to jump, with Dow futures pointing to a more than 700 point opening gain
(CNBC) U.S. stock futures rose on Sunday night as Wall Street tried to recover from another decline last week while investors shook off rising tensions between Saudi Arabia and Russia. Dow Jones Industrial Average futures traded 696 points higher, implying […]
Coronavirus Pandemic to cut down private equity’s long-term return multiples by 10%
(Opalesque) Private equity funds are expected to face a 10% hit to returns from Coronavirus Pandemic, revealed a study. Simulations for 2020 and 2021 also forecast liquidity stress in the industry, it said. According to a new study by investment […]
Plunge in Global VC funding activity due to coronavirus outbreak
(Opalesque) The number of venture capital (VC) funding announced deals declined by 22.5% during the week ended March 29, 2020, compared to the previous week, said a study. According to GlobalData, the subdued funding activity has been continuing in the […]