by Bloomberg.com | Feb 13, 2024 | alerts, Markets/Economy
Index provider to delete 66 firms from MSCI China benchmark The changes also apply to the provider’s all-country gauge MSCI Inc. is cutting dozens of Chinese companies from its global benchmarks following a market rout that’s erased trillions of dollars in value from...
by Bloomberg.com | Feb 12, 2024 | alerts, Markets/Economy
Outflow shows reduced need for hedge as Fed cools inflation Retail investors yanked money after record TIPS losses The great market inflation hedge of the pandemic era is officially over. Between cash outflows and capital losses, the combined assets of the 10 largest...
by Bloomberg.com | Feb 10, 2024 | alerts, Markets/Economy
Landlords and lenders hope falling interest rates will help Credit investors appear optimistic that issues aren’t systemic Property mogul Barry Sternlicht last week said there’s $1.2 trillion of real estate losses in offices alone and “nobody knows exactly where it...
by Bloomberg.com | Feb 10, 2024 | alerts, Markets/Economy
NYCB was downgraded to junk by Moody’s, PBB and Aareal saw bonds plummet on their US CRE exposure Second Chapter The collapse of Credit Suisse in March 2023 seemingly marked the nadir of a flash banking crisis that began only a few weeks earlier with the...
by Bloomberg.com | Feb 10, 2024 | alerts, Markets/Economy
The OECD expects global inflation to recede faster in most economies compared to its previous estimates, but urged central bankers to stay alert as it’s too soon to declare victory. Deflation in China is deepening, while annual revisions confirmed US inflation is on a...
