by Bloomberg.com | Jul 28, 2024 | alerts, Markets/Economy
Both ETFs trade at sizable premiums to their net asset values Saudi ETFs have competitive advantage in yields: Guotai Junan Chinese investors are pouring money into two new exchange-traded funds tracking Saudi Arabian shares as the dismal performance of local equities...
by Bloomberg.com | Jul 27, 2024 | alerts, Markets/Economy
The central bank has kept borrowing costs at a more than two-decade high for a full year. The results have been somewhat surprising. In the year since the Federal Reserve brought interest rates to a more than two-decade high, the central bank has succeeded in taking...
by Bloomberg.com | Jul 27, 2024 | alerts, Markets/Economy
Concerns about AI rally, consumer health weigh on sentiment ‘The bar is as high as it’s ever been’: Templeton’s Gokhman The latest earnings reports are fanning two worries that were already gnawing away at the US stock market: That the euphoria about artificial...
by Bloomberg.com | Jul 27, 2024 | alerts, Markets/Economy
It had been 17 months since the S&P 500 posted a drop of 2% or more, but advisers caution nervous investors against making rash portfolio moves. Even the biggest bulls probably knew, deep down, that a winning streak unseen since 2007 couldn’t last forever. The...
by Bloomberg.com | Jul 26, 2024 | alerts, Markets/Economy
Megacaps underperform as investors bid up unloved sectors High dispersion, low correlation offers boon for stock-pickers Wall Street’s sure-fire, money-minting trade of 2024 – going all-in on Big Tech – was upended this week, sparking stock volatility across the board...