Market Watch (October 27)
“Amazon and Microsoft prove that cloud growth has hit a plateau and investors are ripping away more than $300 billion in valuation because of it, but the technology will still be at the core of computing for generations ahead.”
Tags: $300 billion, Amazon, Cloud growth, Computing, Core, Generations, Investors, Microsoft, Plateau, Technology, Valuation
Bloomberg (October 26)
“The latest bear-market rally in US stocks has brought investors off the sidelines and provided a welcome reprieve from three quarters of gloom. But traders now need to ask themselves whether the risks continue to justify the potential returns.” Are they “truly nimble enough to chase this latest short-term rally to culmination without toppling off the inevitable cliff at the end of it.”
Tags: Bear-market rally, Gloom, Inevitable cliff, Investors, Nimble, Reprieve, Returns, Risks, Short term, Stocks, Traders, U.S.
Washington Post (October 24)
“Tax hikes and macroeconomic discipline won’t be enough. To persuade both investors and voters to believe in post-Brexit Britain, Sunak needs a convincing growth agenda. Since tax cuts are unaffordable, that agenda must consist of regulatory reform. Sunak must be as bold on microeconomic strategy as he is on macro.”
Tags: Britain, Convincing, Discipline, Growth agenda, Investors, Macroeconomic, Microeconomic strategy, Persuade, Post-Brexit, Regulatory reform, Sunak, Tax cuts, Tax hikes, Unaffordable, Voters
The Guardian (September 27)
“Turmoil in financial markets which saw the pound fall to a record low against the dollar dominates today’s front pages. The currency tumbled as investors lost confidence in the UK’s public finances after last Friday’s mini-budget.”
Tags: Confidence, Currency, Dollar, Dominates, Financial markets, Investors, Pound, Public finances, Record low, Tumbled, Turmoil, UK
Institutional Investor (September 23)
“The pushback against environmental, social, and governance investing by red state politicians isn’t yet slowing down many asset managers’ expansions into strategies that have been among the most popular in recent years.” There is “no doubt the anti-ESG movement is gaining traction and could disrupt the industry,” but it’s still “business as usual” for “many global managers targeting investors in the U.S.”
Tags: Anti-ESG movement, Asset managers, Disrupt, Environmental, Governance, Investing, Investors, Politicians, Popular, Pushback, Red state, Social, Strategies, Targeting, Traction
Washington Post (September 16)
“Japan is inching closer to a full reopening, with an announcement likely in the coming days. But the country’s prolonged closure during the coronavirus pandemic has done lasting damage to its reputation as a destination for international investors, academics and tourists, experts say.”
Tags: Academics, Coronavirus, Damage, Destination, International, Investors, Japan, Pandemic, Prolonged closure, Reopening, Reputation, Tourists
New York Times (September 16)
“Pessimism is deepening as bellwether companies like FedEx and General Electric warn of worsening economic and business conditions.” On Friday, stocks declined, “ending one of the worst weeks of the year for Wall Street.” This may just be the start of bad news. “A parade of prominent investors and corporate executives made it clear that they believed the worst was yet to come for the economy and financial markets.”
Tags: Bellwether, Business conditions, Corporate executives, Economic, FedEx, General electric, Investors, Pessimism, Prominent, Stocks declined, Wall Street, Worsening
Institutional Investor (August 29)
“Now that investors can get factor-based funds on the cheap, they’re pushing quants in new directions.” This presents new challenges. “One is a move away from a heavy reliance on decades of historical data and back tests to tying this in-depth research to the realities of the current economic and market environment.” Another challenge is “getting the right people” to do this. “Many quant managers historically hired people with expertise in data,” but “now it’s the background in economics and finance that’s become critical.”
Tags: Back tests, Challenges, Cheap, Data, Economic, Economics, Factor-based funds, Finance, Historical data, Investors, Managers, Market, Quants, Realities, Reliance, Research
Institutional Investor (August 16)
“With everybody worried about a cash crunch, the private equity secondaries market is expected to hit a new record. Investors are expected to sell stakes in private equity funds worth $153 billion in 2023, according to the latest PE secondaries report from Lazard’s private capital advisory team.”
Tags: $153 billion, 2023, Cash crunch, Funds, Investors, Lazard, Private equity, Record, Secondaries market, Sell, Stakes
Wall Street Journal (August 2)
“Bearish investors aren’t buying into hopes that July’s rapid advance for stocks heralds the start of a new bull market. If anything, they say the worst might be yet to come as inflation remains high, the Federal Reserve plans more interest-rate increases and stocks trade at valuations that still don’t look cheap.”
Tags: Bearish, Bull market, Fed, Hopes, Increases, Inflation, Interest rate, Investors, July Stocks, Valuations
