The Twins outscored the Cardinals 6-3 in their first game at Target Field on Tuesday night to go 3-1 on the season. I watched the game and wrote down a specific note or thought based on the events of each entry. We are going to run it again. Image courtesy …
Read More »Buy American says Europe’s largest asset manager
Sometimes it takes a stranger to fully appreciate something. Europe’s largest asset manager Amundi Asset Management has produced research showing why US stocks have outperformed the world and why that superior performance can continue. Admitted by two from his Boston office, Craig Sterling, his head of US equities research, and …
Read More »Can the Fed tame an avalanche of corporate distress? Bond investors are betting on it
The Federal Reserve has shown that it knows how to maintain the flow of credit during a crisis. But bond investors now also expect the Fed’s unprecedented stimulus in financial markets to change the course of the credit cycle – that is, preventing more companies from falling than expected just …
Read More »BlackRock easily exceeds profit expectations. This is how he did it.
Text size Photograph by Andrew Burton / Getty Images BlackRock’s second-quarter earnings increased 22% to $ 7.85 per share higher than expected, while net flows plummeted during the period of market uncertainty. The increase in earnings partly reflected a lower share count after BlackRock (BLK) repurchased part of PNC Financial …
Read More »This is the busiest trade, fund managers say
The logos of the mobile applications Instagram, Snapchat, Twitter, Facebook, Google and Messenger are displayed on a tablet. denis charlet / Agence France-Presse / Getty Images Fund managers say the technology trade has never been so crowded. But that has not prevented them from betting too much on the sector. …
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