Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16% finished 2022 with a 19% decline (its biggest pullback since 2008). Meanwhile, the Dow Jones Industrial Average DJIA, -0.26% lost 8.8% and the Nasdaq COMP, +0.13% tumbled 33%. It’s been […]
Investors Need To Prepare For Era Of ‘Big Government,’ BofA Says
Investors need to prepare their portfolios for mega economic and geopolitical trends that are sweeping the world and creating new market conditions that will make the next five much less certain than the last decade was, a Bank of America executive said. In particular, investors need to closely examine how much risk their […]
Black Swan Manager Preps for Financial ‘Mega-Tinderbox-Timebomb’
MarketsHeard on the StreetAfter an epic 15-year run, hedge fund Universa’s Mark Spitznagel says the financial system is poised for a crisis—eventually Source link
The airline rewards programs that give the most value
Airline reward programs offer a simple proposition: If you fly with our airline a bunch, you’ll get paid back in the form of miles or points that can be used for future travel. Yet understanding how many miles you’ll earn, and how much these miles are worth, can be anything but simple. These reward programs […]
Ken Griffin’s Citadel made $16 billion last year – the largest annual hedge fund return on record, investor says
Ken Griffin’s U.S. hedge fund Citadel made $16 billion in profit after fees last year – the largest annual gain ever made by a hedge fund manager, an investor has estimated. In a report published on Monday by fund of funds LCH Investments, Citadel topped the top 20 hedge fund manager’s list beating John Paulson’s […]
Opinion: Opinion: More rotting assets are lurking in the shadows of the financial system
Like a lightning bolt that suddenly throws a landscape into sharp relief, higher interest rates have exposed where the financial system could buckle or break—but higher borrowing costs will last longer than a flash. The nonbank sector—made up of the thousands of private-equity funds, hedge funds, and insurance companies—now plays role the biggest banks used […]
Opinion: Opinion: More rotting assets are lurking in the shadows of the financial system
Like a lightning bolt that suddenly throws a landscape into sharp relief, higher interest rates have exposed where the financial system could buckle or break—but higher borrowing costs will last longer than a flash. The nonbank sector—made up of the thousands of private-equity funds, hedge funds, and insurance companies—now plays role the biggest banks used […]
U.S. corporate greed has gone too far, says Norway fund manager
“‘We think in particular in the U.S. the corporate greed has just gone too far.’” That’s the head of Norway’s $1.3 trillion sovereign wealth fund, speaking Wednesday in the ritzy Swiss ski community of Davos about how extravagant executive pay packages have gone too far. In his comments at this week’s World Economic Forum, Nicolai […]