AFP via Getty Images Here’s a weird twist to American exceptionalism: American stocks, as measured by the S&P 500 benchmark, hold up against their European rivals, despite US coronavirus cases rising again and threatening economic recovery, while European countries seem to have the outbreak largely under control. Coronavirus update: Global …
Read More »Fed Bullard says there could be a sharp drop in unemployment “if we play our cards right”
There is a possibility that the unemployment rate will drop sharply in the next six months, St. Louis Fed President James Bullard said Tuesday. In his webcast comments to the New York Economic Club, Bullard noted that many Americans are still informing the government that they are on a temporary …
Read More »Variations on some topics: investors flock to the ETFs you’ve heard so much about
Investor interest in the exchange-traded thematic funds skyrocketed in the second quarter, according to a report released Monday. Thematic ETFs are funds that identify “powerful and disruptive macro-level trends and underlying investments that will benefit from the materialization of those trends,” wrote analysts at Global X, a thematic issuer of …
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. …
Read More »Coronavirus shrinks deals globally: what to expect next
The “art” of doing business has become quite a difficult sale this year. Rainmakers in the global M&A business saw the count of completed deals drop to $ 1.11 trillion in the first six months of the year, about half the volume seen during the same period in 2019, for …
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