by Bloomberg.com | Feb 7, 2024 | alerts, Markets/Economy
The move may appeal to some investors as growth plateaus Alibaba is grappling with market and internal uncertainty Alibaba Group Holding Ltd. green-lit another $25 billion in stock repurchases, aiming to assuage investors concerned about the Chinese e-commerce...
by Bloomberg.com | Feb 7, 2024 | alerts, Markets/Economy
Beijing replaced market regulator in surprise move Wednesday Benchmark CSI gauge rose this week, but is still down on year Chinese stocks have staged a nascent recovery from a $7 trillion rout, thanks to intensifying rescue efforts as authorities seek to prevent the...
by Bloomberg.com | Feb 7, 2024 | alerts, Markets/Economy
China quants lost 7.2% in January, versus gains in 2023 Quants threatened by short-trading curbs, small-cap drop China’s deepening stock-market slump is even taking its toll on quantitative hedge funds, whose computer models have helped them outperform human traders...
by Bloomberg.com | Feb 7, 2024 | alerts, Markets/Economy
Funds focusing on small caps, niche plays have taken a hit A gauge of actively managed stock funds is down 16% this year Some onshore funds that weathered the Chinese stock rout last year are losing their shine, as recent losses highlight the challenges of investing...
by Liberty Street Economics | Feb 7, 2024 | alerts, Markets/Economy
Following our post on racial and ethnic wealth gaps, here we turn to the distribution of wealth across age groups, focusing on how the picture has changed since the beginning of the pandemic. As of 2019, individuals under 40 years old held just 4.9 percent of total...
by Liberty Street Economics | Feb 7, 2024 | alerts, Markets/Economy
Wealth is unevenly distributed across racial and ethnic groups in the United States. In this first post in a two-part series on wealth inequality, we use the Distributional Financial Accounts (DFA) to document these disparities between Black, Hispanic, and white...
