I've touched upon this subject in my subscription newsletter, but I had no plans to write anything more until I got a note from a friend, mentioning a particular investment analyst and his views on investing over the next few years.
As we detailed previously, every June, the Russell Index rebalances by removing stocks that no longer meet their criteria (and incorporating recently improving names).
This week, a quiet milestone in the changing nature of the asset-management industry passed without much notice from the heavily preoccupied financial press - and no, we're not talking about Invesco's latest volley in the buy-side fee wars.
In 2017, we were among the first to bring the market's attention to what has subsequently been dubbed "Big Short 2.0" as we reported that "Mega-Bears Smell Blood As Mall REITs Tumble."
Mining companies have been frequent targets. In the past decade, Silvercorp Metals, Pretium Resources, Asanko Gold and Northern Dynasty Minerals have been caught in particularly high-profile campaigns. Most recently, Novagold Resources sued J Capital
Nearly fifteen years ago, on December 10, 2006, the CEO of Senderra, a subprime mortgage lender owned by Goldman, Sachs, sent a grim report to its parent company. "Credit quality has risen to become the major crisis in the non-prime industry," Se
A report published last year by the WEF-Carnegie Cyber Policy Initiative calls for the merging of Wall Street banks, their regulators and intelligence agencies as necessary to confront an allegedly imminent cyber attack that will collapse the existin
"The current state of play, including upbeat U.S. data alongside bullish fiscal plans, are more likely than not to keep the U.S. dollar's edge intact."
Update (0815ET): Wedbush celebrity tech analyst Dan Ives, known for being one of Apple's biggest champions on the Street, has hailed Tesla's decision to start accepting payment in bitcoin as "a seminal moment" for both Tesla, and bitcoin.
Back in mid-December, when stocks were melting up furiously daily amid unprecedented retail euphoria, which would only get crazier and crazier until eventually it forced Citi to use a bigger chart two months later to capture the market's retail eupho
As Coinbase nears its debut on the public market, the company's offerings for corporations looking to follow Tesla into adding bitcoin to their balance sheet may prove to be a large part of their business as adoption grows.
Watching the market's panicked reaction this morning as the reality of the recent surge in first breakevens then real yields, is finally appreciated by the "cubic zirconium" hands, the momentum chasing algos and the puking CTAs, can't help but bring
"Musk is now tied to the bitcoin story in the eyes of the Street and although Tesla made a billion paper profit in its first month owning the digital gold, it comes with added risk, as seen this week," Ives told CNBC via email on Tuesday.