investment-portfolios
BusinessDulux Maker Akzo Nobel Sees Raw Material Cost Pressure Easing
Finance2023 Prediction Towards Inflation: Experts’ Thoughts for This Year
Top StoriesMeta Surges on Cost Cut, Buyback Plans; Lifts Mega-Cap Stocks
InvestingGerman Industry to Pay 40% More for Energy Than Pre-Crisis – Study Says
Move Over Tina, It’s Time for Tara
Date: January 11, 2023
(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other changes to text) By Naomi Rovnick (Reuters) – A shakeout in financial markets triggered by central banks’ sudden move to abandon ultra-low interest rates has created a casualty money managers will not miss: TINA. The...
Move Over Tina, It’s Time for Tara
Date: January 11, 2023
By Naomi Rovnick (Reuters) – A shakeout in financial markets triggered by central banks’ sudden move to abandon ultra-low interest rates has created a casualty money managers will not miss: TINA. The acronym for There Is No Alternative to owning equities described how loose monetary policy since 2009 put stocks on steroids because yields on...
Global Stocks Close in on 4-week Highs, Oil Rises on Hopes of ‘soft Landing’
Date: January 10, 2023
By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve. The gains were broad across global equity markets, with Europe’s STOXX 600 near a...
Global Stocks Rally to Near 4-week Highs, Oil Rises on Hopes of ‘soft Landing’
Date: January 9, 2023
By David Randall NEW YORK (Reuters) – World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve. The gains were broad across equity markets, with Europe’s STOXX 600 near a...
Frasers’ Hugo Boss Exposure Falls to $691 Million
Date: January 6, 2023
LONDON (Reuters) – British sportswear retailer Frasers Group said on Friday its maximum exposure to German fashion house Hugo Boss had fallen to 580 million pounds ($691 million). Frasers, which was formerly called Sports Direct and is on a drive to move upmarket, said it now holds 3.9% of Hugo Boss stock directly and a...
With Big Bets on Musk, These Funds May Have a Tesla Problem in ’23
Date: January 5, 2023
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers that have bet heavily on the Elon Musk-led electric vehicle manufacturer. Overall, 50 actively-managed U.S. equity funds have more than 5% of their assets in the company, exceeding the barrier that many portfolio managers...