New York CNN Business — CNN informed employees on Wednesday that layoffs have begun, a move that is expected to impact hundreds of Global News Network employees and mark the deepest cuts to the organization in years. Chris Licht, who took over as the network’s chief executive in May, described the cuts in a memo …
Amid equity and bond market volatility this year, hedge funds have largely served as a buffer for investors, and some private wealth managers expect these alternative investment vehicles to continue to deliver results over the the year to come. Although aggregate hedge fund returns fell 9.3% this year in the third quarter, large-cap US stocks …
Future Returns: Turning to Hedge Funds in Today’s Market Uncertainty Read More »
VMware at NYSE, December 14, 2021. Source: NYSE The market is about to begin what should be a quiet holiday week, but key catalysts are on the horizon. The stock market is closed on Thursday for Thanksgiving Day, and it is expected to close at 1 p.m. on Friday. Investors are on their toes for …
Top Wall Street Analysts Like These Stocks Amid Macro Uncertainty Read More »
New York CNN Business — Death is in the air on Twitter. On Thursday night on the platform, where #RIPTwitter was trending globally, users wrote what they feared would be their last posts, bidding worried goodbyes and listing other (more stable) social media platforms where they can yet to be found. They were reacting to …
About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics and the former chief economist and chief investment officer, respectively, of UBS. To the surprise of many observers (including ourselves), the midterm elections turned out to be more contested than most polls and political futures had indicated. The political tipster …
Midterms Red Ripple Brings Uncertainty to Markets Read More »
