by Bloomberg.com | May 16, 2025 | AlphaTack Intel
China shrank its holdings of US Treasuries in March, with the UK replacing it as the No. 2 overseas owner. The month, which preceded the April turmoil in the Treasuries market, saw a second straight jump in foreign purchases, to a fresh record high. Total...
by Bloomberg.com | May 16, 2025 | AlphaTack Intel
Investment firms for the world’s wealthy increased their stock bets ahead of President Donald Trump imposing new tariffs that sent global markets into a tailspin before eventually clawing back losses. Family offices for a European dynasty, hedge fund billionaire Noam...
by Bloomberg.com | May 16, 2025 | AlphaTack Intel
US consumer sentiment unexpectedly fell to the second-lowest level on record and inflation expectations climbed to multi-decade highs amid growing concerns about tariffs. The preliminary May sentiment index declined to 50.8 from 52.2 a month earlier, according to the...
by Bloomberg.com | May 16, 2025 | AlphaTack Intel
For all the worry about tariffs causing pain for American consumers, shoppers have so far been mostly shielded from — or shrugged off — higher prices at the checkout aisle. Businesses absorbed much of the costs from new levies as they took effect last month, economic...
by Bloomberg.com | May 15, 2025 | AlphaTack Intel
Cava Group Inc. sales rose in the first quarter, defying the consumer malaise that rivals have blamed for a slowdown in restaurant visits. Sales at established restaurants grew 10.8% in the three months ended April 20, in line with the average estimate of analysts...
by Bloomberg.com | May 15, 2025 | AlphaTack Intel
President Donald Trump’s tariffs announcement on April 2 devastated financial assets, wiping out some $6 trillion in market value from US stocks in just two trading days. Wall Street’s “smart money” — hedge funds and other professional investors — dumped equities, and...
