Every month, we review the latest BAML survey of global fund managers. Among the various ways of measuring investor sentiment, this is one of the better ones as the results reflect how managers are allocated in various asset classes. These managers oversee a combined $700b in assets.The data should be viewed mostly from a contrarian perspective; that is, when equities […]
For some time now, Europe’s economy has been traversing rough waters. Economic data has been disappointing and geopolitical tensions have kept investors worried. While an uneasy truce has been reached on Ukraine, Greece debt negotiations remain unresolved. But new economic data and stock market performance indicate that it may a good time to buy into Europe after all.Markets Moving NorthMarkets […]
Lately, I’ve blogged a lot about mental health (and the two books I’ve done on that topic), but today I’m going to switch gears. For optimum mental health, I’ve learned I need to have hobbies or interests. One of those interests is getting my 401K (which is technically now an IRA) to grow in the midst of a turbulent market. […]
NEW YORK — Stocks climbed back close to record levels Thursday as technology, materials and energy companies all notched big gains.Cisco Systems led the technology sector higher after reporting better-than-expected earnings. Energy stocks rose as the price of oil rebounded from two days of heavy losses.There were big gains for online travel companies. Expedia and Orbitz jumped after Expedia said […]
Soros Warns Pensions on Hedge Funds?
Posted: 27 Jan 2015 04:12 PM PST
David Sirota of the International Business Times reports, Billionaire Currency Trader George Soros Warns Against Investing Public Pension Money In Hedge Funds:
Another towering figure in the financial industry is warning major pension systems to beware of investing retiree money in hedge funds. During a Thursday meeting at the World […]
NEW YORK (MarketWatch) — The U.S. stocks were under pressure on Wednesday as crude-oil prices gave up part of the gains racked up over a four-day trading span, while a report on private-sector hiring disappointed.Private employers added 213,000 jobs in January, according Automatic Data Processing Inc. Economists use the number to get a feel for the official jobs report due […]
Black swan avalanche continues on Wall Street as markets continue to walk back last Thursday’s outsized gains in stocks.WASHINGTON, January 26, 2015 – Traders have been confronting a volatile market environment since the 2015 New Year Baby sent 2014’s tired Old Year codger packing. Oil prices, a change in congressional leadership, continued left-wing belligerence from a no-hugging-no-learning White House, chaos […]
View photo.Biotech companies have been in the spotlight over the past few months with many investors considering the sector a goldmine for great investment opportunities. President Barack Obama in Tuesday’s State of the Union speech highlighted the need for more investment in medical research, a sign that biotech is set to continue as a hot spot in within the market.Precision […]
NEW YORK (AP) — Oil and gas companies led U.S. stocks up Friday, setting the market up for its first gain in more than a week.KEEPING SCORE: The Standard & Poor’s 500 index rose 16 points, or 0.8 percent, to 2,009, as of 3 p.m. Energy companies led all 10 of the index’s industries to gains, surging 3 percent.The Dow […]
NEW YORK (AP) — A surge in oil and gas companies pulled the stock market out of a five-day slump on Friday, as the price of crude swung higher.Oil prices jumped after the International Energy Agency predicted drillers would cut production this year. Exxon Mobil, Chevron and other energy companies led all 10 sectors of the Standard & Poor’s 500 […]
