China’s Hog Farmers Enjoy Surge in Profits But Demand Is Still a Problem

Jun 3, 2024 | Markets

Rise in pig prices doesn’t mean the pork cycle has turned Fewer smallholders has put industry on a better footing China’s hog farmers may have turned a corner after a surge in profits last month, but a sustained improvement in the industry’s fortunes could still prove...

Traders Push Treasuries Higher as Data Reinforces Fed Cut Bets

Jun 3, 2024 | Markets

Ten-year Treasury yield slips to the lowest in over a week Investors look to manufacturing, jobs data to price Fed cuts Treasuries rose, taking benchmark yields to the lowest levels in more than a week, after US manufacturing data reinforced bets the Federal...

Adviser to $60 Billion of Retail Cash Bets on Private Markets

Jun 3, 2024 | Markets, Private Markets

Mercer Advisors is launching a new platform for clients with at least $5 million in investable assets as it pushes further into a hot corner of the finance world. Mercer Advisors, which manages roughly $60 billion in assets across more than 30,000 families, is pushing...

Key Engines of US Consumer Spending Are Losing Steam All at Once

Jun 2, 2024 | Markets

Americans rely on credit, as disposable income declines Fed is hoping for a slowdown, not a breakdown in US economy The main drivers behind the remarkably resilient American consumer are losing steam at the same time, suggesting a recent pullback in household demand...

Michael Dell’s Wealth Falls Most Ever as Sales Disappoint

May 31, 2024 | Markets

His net worth slides $11.7 billion amid high AI expectations Dell shares plunge the most on record after posting results Michael Dell’s wealth tumbled the most in a single day after the computer company he founded posted results that disappointed investors. Dell’s net...