... According to at least one technical lens, dip buyers haven't completely abandoned the US stock market.
You are a
market optimist. According to at least one technical lens, dip buyers haven't completely abandoned the US stock market.
BankofAmericaCorp.'s sell-side indicator went higher for the first time since October 2021. The gauge gauges Wall Street sentiment toward American equities on a monthly basis, based on asset allocation recommendations provided to the bank and
With the ...
BankofAmericaCorp. is concerned about a zero-down payment mortgage program that is intended to bring first-time home ownership within closer reach of more African American and Hispanic families.
BankofAmericaCorp. is concerned about a zero-down payment mortgage ...
... in the offshore market remains low, so the yuan remains vulnerable. The six month offshore yuan forward point was hovering around the lowest level since 2011, making it attractive for traders to sell the yuan in favor of the higher-yielding dollar.
is recommending its clients enter into outright short offshore yuan forward six-month positions against the long dollar for a carry of around 66 basis points. The yuan is expected to weaken to 7.1 per dollar in the first quarter of next year, according ...
... was the driving force behind the investment.
Neither Berkshire nor BYD responded immediately to requests for comment.
Berkshire owns dozens of businesses including the
auto insurer, as well as stocks such as Apple Inc and
It doesn't announce plans to sell individual stocks, knowing that other investors may mimic
and sell their own.
Berkshire has spent more than 57 billion this year buying other stocks, such as oil companies Occidental Petroleum Corp and ...
....1% Tuesday to 6.9180, extending the decline to 8.1% this year.
Goldman Sachs Group Inc.
joined the ranks of yuan bears last week, predicting that China's currency will weaken to 7 per dollar in the next three months as its economy slows.
are forecasting that the currency will breach that level.
In the coming months, the financial markets and the yuan may be stable, as China prepares for a twice-a- decade party reshuffle later this year.
This week s
... Rogers consent solicitation that consent fees will only be paid to bond holders that provide positive consent. Rogers has set a deadline of 5 p.m. New York time on August 31 for bondholders to give their consent. The transaction is being coordinated by
Royal Bankof Canada
Bankof Nova Scotia
The deadline does not give investors enough time to examine the consent, especially given the thinner liquidity of the bond markets in August, according to the Credit Roundtable s note.
A representative ...
... March due to concerns of an economic slowdown and regulatory overreach, which has proved to be a profitable trade this year. Global investors are so underweight Chinese assets that bearish equity bets were considered one of the most crowded trades in BankofAmericaCorp.'s investor survey earlier this year.
A coordinated pledge from China's top regulators to address investor concerns triggered a two-day, 17% surge in the benchmark in the middle of the month.
There are theories of a rebound this time from beaten-down ...
yields gained, with traders anxious about inflation and what
the Federal Reserve
will do to combat it.
With higher rates looming, large technology stocks such as Amazon and
fell more than 2 per cent.
Banks such as JPMorgan Chase Co,
declined by more than 2 per cent, a reversal of the sector's late-summer rebound. And an earnings miss by heavy equipment maker Deere Co added to the risk-off mood.
The Dow Jones Industrial Average fell by 0.86 per cent to 33,...