by Bloomberg.com | Sep 9, 2024 | alerts, Markets/Economy
ARKK dethroned as biggest thematic fund, ceding spot to PAVE Issuers have launched a number of industrials ETFs this year Wall Street traders may be going all-in on futuristic technologies this year, but one old-school bet on the economy is still flourishing in the...
by Bloomberg.com | Sep 9, 2024 | alerts, Markets/Economy
CSI 300 gauge is close to erasing its rebound since February Skepticism abounds over China’s earnings, economic recovery Chinese stocks are on the brink of falling to a five-year low seen in February as bearish sentiment grips the market amid a lack of earnings and...
by Bloomberg.com | Sep 9, 2024 | alerts, Markets/Economy
Slowest core CPI since 2021 boosts case for stronger stimulus Weak demand puts China’s growth target of around 5% at risk China’s core inflation cooled to the weakest in more than three years, fueling calls for greater efforts to boost household spending as weak...
by Bloomberg.com | Sep 8, 2024 | alerts, Markets/Economy
Risk aversion likely to prevail again this week: Shinkin Asset Aussie dollar could soon come under severe strain: IG Markets The outlook for Asian stocks is deteriorating as the worse-than-expected US payrolls report on Friday undermined earlier optimism over a soft...
by Bloomberg.com | Sep 8, 2024 | alerts, Markets/Economy
Venture capital firm to allocate $754 million to growth deals Atomico CEO: funds closed in “toughest environment” for VCs Atomico, a London-based venture firm that has backed fintech darlings Stripe Inc. and Klarna Bank AB, has raised $1.24 billion for two new funds....
by Bloomberg.com | Sep 6, 2024 | alerts, Markets/Economy
JPMorgan, UBS Global, Nomura downgraded China in recent weeks People are ‘throwing in the towel,’ Magellan’s Lam says Weakness in Chinese equities is eroding the confidence of some of Wall Street’s staunchest supporters, with hopes for a turnaround fading in the...
