Day: May 21, 2022

Hedge Funds

Hedge Fund Up 138% This Year Is Turning Bullish on China Stocks

(Bloomberg) — A fund manager who made triple-digit gains by hedging risks in Chinese equities is now turning bullish on mainland shares. Zhao Yuanyuan’s fund at the 500 million yuan ($75 million) Shenzhen Qianhai JianHong Times Asset Management Co. has returned 138% so far in this year’s tumbling market. Her bets on infrastructure, energy producers […]

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Bond Yields

US Corporate Credit Spreads Hover Around `Danger Zone'

(Bloomberg) — Investors who are fretting that the Federal Reserve’s campaign to tame inflation is putting pressure on stocks might want to take a closer look at corporate bonds. Money managers will be watching risk premiums across US credit markets next week as levels inch closer to what strategists have pointed to as a warning […]

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Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool

(Bloomberg) — Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and could vacate even more by ending leases with landlords, according to people familiar with the situation. The excess capacity includes warehouses in New […]

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Stock Market Bottom
Stock Market Bubble
Stock Market Rally
Stock Market Timing

Wall Street Is as Baffled by Stocks Now as It Has Ever Been

(Bloomberg) — Seven straight weeks of losses for American stocks and now a narrowly averted collision with a bear market have left Wall Street prognosticators as lost as they were during the coronavirus crash. While this episode may lack the pandemic’s shock, it makes up for it in the sheer number of cross-currents. First and […]

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Energy Crisis
Oil Royalty Trust
Royalty Trust
Trade Of The Day
TradersPro Saturday

Top Oil Royalty Trust To Buy Now

BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The company holds overriding royalty interest in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres. BPT $15.9500 -0.0600 % […]

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American Workers
Retirement Crisis
Retirement Fears
Retirement Mistakes

A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

(Bloomberg) — The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer. Americans’ collective net worth had been climbing at a dizzying rate for the past two years, even as families and businesses contended with the ravages of Covid-19. Households piled up an extra $38.5 trillion from early 2020 […]

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Bear Market
Bear Market Rally
Stock Market Bottom
Stock Market Crash

‘It’s a Buyers Strike’: Investors Weigh In on Bear Market Plunge

(Bloomberg) — From Apple Inc. to Tesla Inc., some of the biggest names in the S&P 500 Index are fueling a relentless selloff that briefly pushed the broad equities benchmark into bear market territory on Friday. The S&P 500 fell as much as 2.3%, bringing its decline to more than 20% from its record closing […]

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Crypto Crash
Cryptocurrency Regulation

Lagarde Says Crypto Is ‘Worth Nothing’ and Should Be Regulated

(Bloomberg) — European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings. Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be […]

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