by Bloomberg.com | May 9, 2023 | alerts, Markets/Economy
Systematic investors have been swooping into US stocks Buy options to protect against pressure on prices: Goldman Goldman Sachs is urging investors to cushion themselves from the possibility of increased volatility in the next few months as Wall Street quants dive...
by Bloomberg.com | May 2, 2023 | alerts, Markets/Economy
(Bloomberg) — It took only four weeks for optimism around Alibaba Group Holding Ltd.’s breakup plan to fizzle. Restoring it will likely be an uphill battle. Alibaba’s American Depositary Receipts are now 2.3% below where they were before the e-commerce firm...
by Bloomberg.com | May 1, 2023 | alerts, Markets/Economy
Marc Rowan, the co-founder of Apollo Global Management Inc., says that the next wave of turmoil across the financial sector will likely come from the commercial real estate market. “It’s a bad day to be an office owner in San Francisco and Chicago,” Rowan, who is also...
by Bloomberg.com | Apr 27, 2023 | alerts, Markets/Economy
Decrease in March contract signings missed all estimates ‘Supply is simply not meeting demand,’ NAR economist says US pending home sales fell last month by the most since September, suggesting the housing market isn’t totally out of the woods yet. The National...
by Bloomberg.com | Apr 26, 2023 | alerts, Markets/Economy
The former Treasury secretary said he is ‘not that optimistic’ about the fight against rising prices and that the Federal Reserve lost credibility by acting too slowly. Former Treasury Secretary Lawrence Summers said taming inflation will likely lead to a...