by Bloomberg.com | Sep 10, 2024 | AlphaTack Intel
Equity derivatives strategist recommends buying tail hedges “I am tactically bearish for the next two months,” Cheong said UBS AG’s top strategist for US equity derivatives said she’s expecting the S&P 500 to fall at least 10% from its peak within a month. “I am...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
Prices seen as falling through 2025 as wages, demand languish Long-term deflation could be major setback to China’s economy Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
Net credit losses rise in bank’s consumer credit-card business Mason sees investment-banking fees up 20% in the third quarter Credit losses are rising as US consumers shift spending to basic needs and away from purchases that aren’t vital, according to Citigroup...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
ARKK dethroned as biggest thematic fund, ceding spot to PAVE Issuers have launched a number of industrials ETFs this year Wall Street traders may be going all-in on futuristic technologies this year, but one old-school bet on the economy is still flourishing in the...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
CSI 300 gauge is close to erasing its rebound since February Skepticism abounds over China’s earnings, economic recovery Chinese stocks are on the brink of falling to a five-year low seen in February as bearish sentiment grips the market amid a lack of earnings and...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
Slowest core CPI since 2021 boosts case for stronger stimulus Weak demand puts China’s growth target of around 5% at risk China’s core inflation cooled to the weakest in more than three years, fueling calls for greater efforts to boost household spending as weak...