by Bloomberg.com | Nov 9, 2023 | alerts, Markets/Economy
Retail traders stop chasing the 2023 rally as FOMO evaporates Net sales from the group total almost $16 billion in October Individual investors who had been behind the stock-market rally this year pulled more money from US equities in October than they have in any...
by Bloomberg.com | Nov 8, 2023 | alerts, Markets/Economy
Higher baseline inflation may last for decades, Griffin says US spending like a ‘drunken sailor,’ deficit is unsustainable Citadel founder Ken Griffin said the world is facing unrest and structural changes that are pushing it toward de-globalization and causing higher...
by Bloomberg.com | Nov 6, 2023 | alerts, Markets/Economy
Sector is less vulnerable than it was ahead of 2008 crisis Losses in securities portfolios risk weakening capital levels While the US banking sector is stable, growing vulnerabilities leave at least some institutions under a near-term threat of funding pressure and...
by Bloomberg.com | Nov 6, 2023 | alerts, Markets/Economy
Back when money in the bank was yielding almost nothing, commercial real estate became a haven for investors in need of reliable returns. Then central banks jacked up interest rates to tackle a bout of post-pandemic inflation and a lot of properties suddenly looked...
by Bloomberg.com | Nov 6, 2023 | alerts, Markets/Economy
S&P 500 sales beats are lowest since third quarter of 2019: BI Barclays says companies sound more negative on sales outlook Corporate America is delivering the bleakest sales reports in four years this earnings season, a sign that weakening consumer demand is...