China Investors Pile Into Saudi ETFs as Two Nations Grow Closer

Both ETFs trade at sizable premiums to their net asset values Saudi ETFs have competitive advantage in yields: Guotai Junan Chinese investors are pouring money into two new exchange-traded funds tracking Saudi Arabian shares as the dismal performance of local equities...

How a Year of the Fed’s High Rates Has Affected the US Economy

The central bank has kept borrowing costs at a more than two-decade high for a full year. The results have been somewhat surprising. In the year since the Federal Reserve brought interest rates to a more than two-decade high, the central bank has succeeded in taking...

Earnings Derail Stock Rally Over Doubts on AI, Consumer Strength

Concerns about AI rally, consumer health weigh on sentiment ‘The bar is as high as it’s ever been’: Templeton’s Gokhman The latest earnings reports are fanning two worries that were already gnawing away at the US stock market: That the euphoria about artificial...

That Sudden Market Drop Was Scary for Investors But Long Overdue

It had been 17 months since the S&P 500 posted a drop of 2% or more, but advisers caution nervous investors against making rash portfolio moves. Even the biggest bulls probably knew, deep down, that a winning streak unseen since 2007 couldn’t last forever. The...

Big Tech Trade Shudders Just as Stock Pickers Make a Comeback

Megacaps underperform as investors bid up unloved sectors High dispersion, low correlation offers boon for stock-pickers Wall Street’s sure-fire, money-minting trade of 2024 – going all-in on Big Tech – was upended this week, sparking stock volatility across the board...