Campbell Harvey, a professor of finance at Duke University, is best known for developing the Recession Curve Indicator, known for its sterling record in predicting downturns. In a new paper he co-authored with Edward Hoyle, Sandy Rattray and Otto van Hemert of hedge fund giant Man Group, Harvey points to …
Read More »Here are lessons from two ’10 -bagger ‘investments by a fund that has doubled in value this year
Hayden Capital had a pretty good year – 101.2% back in the first half, according to its second-quarter share letter. Fred Liu, her management partner, discussed two of her so-called ’10 dredgers, ‘that is, investments that returned 10 times the original investment. One was a company that everyone knows, Amazon.com …
Read More »Nikola sells 2,500 garbage trucks. It’s not the Badger, but it’s a better deal.
Text size Nikola also has plans to build driveways with long trainers and a pick-up truck. Courtesy Nikola Nikola shares fell Tuesday, following a 22% bounce on Monday following the announcement of an order for 2,500 battery-powered trucks from waste dumps Republic Services. Investors were hungry for treat of customers, …
Read More »Gold tumbles over 4%, set for sharpest daily slide in 5 months as pop yields
Gold futures fell sharply on Tuesday, bringing bullion on course for its steepest daily slide in nearly five months, as global equities were buoyed by hopes of a coronavirus vaccine being approved by Russia, though that approval was met with some skepticism by experts. However, Dr Anthony Fauci, director of …
Read More »Here’s how Goldman says the S&P 500 would respond to more US-China tariffs and why the November election result is important
Fresh hopes for another incentive package and signs that the spread of pandemic may be slow are set to boost shares on Tuesday. President Donald Trump signed executive orders over the weekend, postponing tax cuts and extending unemployment benefits, but investors hope talks on a larger rescue package would resume. …
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