Category Archives: Syndicated

NYSE readies itself for first ever all-electronic trading day

(CNBC) The Securities and Exchange Commission published rule changes on Saturday that allow the New York Stock Exchange to conduct all-electronic trading. On Monday, the first day the trading floor will be closed, the NYSE opening at 9:30 a.m. ET […]

Stop blaming short sellers for causing the market drops

(CNBC) Call it part of the grand blame game: Markets are down big, so it must be someone’s fault. Exchange traded funds. High-frequency traders. Short sellers. In Europe, they have already figured out whose fault it is: Short sellers! In […]

COVID-19 is hurting investor sentiments, deals down by 1/3

(Opalesque) The concerns around the coronavirus outbreak in China and its subsequent crisis in several other nations are expected to have a large impact on the global economy, which is also hurting investor sentiments. To read this article:

Local private equity (PE) and venture capital (VC) fund managers say they expect deal activity in China to recover in the coming months

(Opalesque) The coronavirus pandemic, which started in the city of Wuhan in Hubei province about three months ago, has roiled the world’s second-largest economy. To read this article:

CTAs stage comeback with further gains

(Hedgeweek) Managed futures strategies have been slowly clawing back gains in recent days, as steep downward trends continued to rock global markets on the back of the coronavirus pandemic. To read this article:

Greece lightning… will it strike twice?

(Hedgeweek) Covid-19 will impact Greek tourism, but with strong PMI figures in 2019 and a new stable government, hedge funds such as Greylock Capital see long-term opportunities in the country; in particular Greek debt and real estate. Hopefully, the storm […]

Bank of America Says The Recession Is Already Here: ‘Jobs will be lost, wealth will be destroyed’

(CNBC) Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable — it’s already here. “We are officially declaring that the economy has fallen into a recession … joining the rest of the world, and […]

Bridgewater Hedge Funds Fall Further On Coronavirus Market Rout

(Reuters) – Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted double-digit losses so far this year amid sharp market declines sparked by the coronavirus outbreak To read this […]

Englander’s Millennium To Shut Some “Trading Pods” As Economic Fallout of Coronavirus

(Reuters) – Millennium Management has closed many of its “pods” run by teams of traders, as violent market swings caused by jitters over the economic fallout of the coronavirus leads to losses, the Financial Times reported here citing two sources. […]

Investor Ray Dalio estimates the corporate losses in the US from coronavirus will top $4 trillion

(CNBC) Investor Ray Dalio told CNBC on Thursday the coronavirus outbreak will cost U.S. corporations up to $4 trillion, and “a lot of people are going to be broke.” “What’s happening has not happened in our lifetime before … What […]

The stock market may bottom long before the coronavirus epidemic peaks, analysts say

(Marketwatch) How low can stock markets go? While the stock market is typically a leading indicator of the economy — it tends to peak before the onset of an economic recession and bottom before an economic recovery — the unique […]

Futures point to more than 200-point drop for the Dow, reversing Thursday’s gains

(CNBC) U.S. stock futures on Thursday evening mostly pointed to losses at the open on Friday, threatening the modest gains stocks managed to eke out during the last session. Dow Jones Industrial Average futures fell 153 points, indicating a loss […]