by Bloomberg.com | Sep 13, 2024 | AlphaTack Intel
Hedge funds turned net bearish on Brent crude for the first time on record as concerns about an oversupply of oil hammer futures prices. Money managers’ short positions outnumbered long bets by 12,680 lots in the week ended Sept. 10, the first time that’s happened in...
by Bloomberg.com | Sep 13, 2024 | AlphaTack Intel
Weaker prospects of real income growth, comfortable retirement Election adds to uncertainty in University of Michigan survey A record share of households are uncertain about the US economic outlook, most expect inflation to take a bigger chunk of their incomes and the...
by Bloomberg.com | Sep 13, 2024 | AlphaTack Intel
Inflows into wealth-management products slid 90% in August State banks seen selling long-dated debt to cool rally Signs that Chinese officials are pushing back on the record-breaking bond rally are deterring at least one group of investors that have been a key driver...
by Bloomberg.com | Sep 13, 2024 | AlphaTack Intel
Central bank seen lifting rates by quarter-point next week Economic activity fell 0.4% on month in July; est. was -0.7% Brazil’s economic activity fell less than expected in July, snapping a series of gains as central bankers are expected to mull the start of a cycle...
by Bloomberg.com | Sep 13, 2024 | AlphaTack Intel
Jim Cullen stays disciplined while peers chase growth trades Money manager has endured market cycles over six-decade career Jim Cullen knows the urge. Embattled cheap-stock managers sense their careers are under siege, ignore their mandate — and grab a few expensive...
by Bloomberg.com | Sep 13, 2024 | AlphaTack Intel
State banks were seen selling long-dated bonds to cool rally Inflows into bonds will continue given weak economy: analyst China’s bond traders defied signs of intervention to push sovereign yields to a record low, setting the stage for a showdown with authorities...