Resilience of US Economy in Question as S&P 500 Struggles to Follow Higher
S&P 500 Struggles as Investors Question US Economy’s Resilience Investors are increasingly skeptical about the long-term strength of the US economy, making it difficult for the S&P 500 to continue its upward trajectory, according to equity strategists at Morgan Stanley. The S&P 500 has recorded a modest 14% gain this year, prompting concerns among investors […]
Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
Hedge funds move from European stocks to Japanese and US stocks = major US financial firms | Reuters
Hedge funds shifted their investments from European stocks to US and Japanese stocks last week, according to memos to clients from JPMorgan Chase & Co., Morgan Stanley and Goldman Sachs & Co. REUTERS/Andrew Kelly/Reuters LONDON (Reuters) – Hedge funds shifted their investments from European stocks to U.S. and Japanese stocks last week, according to a […]
Emerging conglomerate Abramovich enters Moscow and seeks a ceasefire in Ukraine | Reuters
Roman Abramovich (pictured) of the Russian oligarch, which is subject to sanctions against Russia by the European Union (EU), entered Moscow on a private jet early on the 15th. Taken at the Israeli International Airport on March 14, 2022 Reuters [Istanbul / Madrid / Brussels 15th Reuters]–Roman Abramovich, a Russian emerging conglomerate (Oligarch) who is […]
Berkshire Holds Over $ 5 Billion Occidental Shares | Reuters
Berkshire Hathaway, an investment company of well-known US investor Warren Buffett, has been found to hold more than $ 5 billion in shares in the US oil and gas giant Occidental Petroleum. Taken in April 2019 (2022 Reuters / Brendan McDermid) [Reuters]–It was revealed that Berkshire Hathaway, an investment company of well-known US investor Warren […]
Permanently neutral Switzerland introduces EU sanctions against Russia, changes past policy | Reuters
Switzerland, a permanent neutral country, announced on the 28th that it will introduce sanctions by the European Union (EU) against Russia’s total invasion of Ukraine and freeze the assets of the Russians involved. Taken in September 2021 (2022 Reuters / Denis Balibouse) [Zurich 28th Reuters]-Switzerland, a permanent neutral country, announced on the 28th that it […]
Morgan S contributes to M & A boom with higher-than-expected fourth-quarter profits | Reuters
Profit exceeded market expectations in the fourth quarter financial results announced by US financial giant Morgan Stanley. The advisory business was strong against the backdrop of the M & A (merger / acquisition) boom. Taken in London, UK, June 2016 (2022 Reuters / Russell Boyce / File Photo) [Reuters]— US financial giant Morgan Stanley (Morgan […]
Goldman loses 13% in Q4 Trading revenues are sluggish | Reuters
[Reuters]–US Goldman Sachs announced on the 18th that its fourth quarter (until December 31st) earnings fell by about 13%, falling below market expectations. Although the investment banking sector performed well, stock price fluctuations were scarce and the trading business deteriorated. Stock prices fell by more than 7% in early trading. Revenues from the Global Markets […]