US Small-Business Optimism Drops by Most Since End of 2022

NFIB’s index decreased two points in January to 89.9 Share expecting better sales fell by most since mid-2022 US small-business optimism last month suffered the biggest drop in more than a year, due to deteriorating profits and diminishing sales expectations,...

BofA Survey Shows Investors Are All In on US Tech Stock Rally

Investor allocation to tech stocks highest since August 2020 Survey shows global growth expectations hit two-year high Investors are going “all in” on US technology stocks as they turn the most optimistic about global growth in two years, according to a survey by Bank...

German Homebuilders Start the Year More Pessimistic Than Ever

Business climate in housing construction dropped to record low Outlook for the coming months is ‘bleak,’ Ifo’s Wohlrabe says Sentiment among homebuilders dropped to the lowest level since records began in 1991 as Germany’s construction slump threatens to intensify...

MSCI to Remove Swath of China Stocks From Indexes as Markets Sink

Index provider to delete 66 firms from MSCI China benchmark The changes also apply to the provider’s all-country gauge MSCI Inc. is cutting dozens of Chinese companies from its global benchmarks following a market rout that’s erased trillions of dollars in value from...

Great Inflation Hedge Unwind Sees TIPS ETFs Lose $43 Billion

Outflow shows reduced need for hedge as Fed cools inflation Retail investors yanked money after record TIPS losses The great market inflation hedge of the pandemic era is officially over. Between cash outflows and capital losses, the combined assets of the 10 largest...