Sep 18, 2024 | Markets
They’ve raised allocations to listed companies, private equity Private equity, listed stocks make up half of their portfolios Citigroup Inc.’s family office clients are reducing their cash holdings to make investments in riskier asset classes, reflecting their...
Sep 17, 2024 | Markets
Here are three stories that caught our eye this week: 1) AI Narrative Alive & Well “What were you thinking?” That was Scott McNealy — former CEO of Sun Microsystems — who opined on investor ebullience during the dot-com bubble. McNealy went on to say: “At 10 times...
Sep 17, 2024 | Markets
Value of purchases rose 0.1% in August; estimate 0.2% drop Control-group sales increased for a fourth straight month US retail sales unexpectedly rose in August, supported by online purchases that masked more mixed results at other merchants. The value of retail...
Sep 17, 2024 | Markets
Politicians are overselling the effectiveness of tariffs while underselling the costs to American businesses and households. In 2016, Donald Trump campaigned for the US presidency on a promise to beat China. Once in office, he unleashed a barrage of tariffs and export...
Sep 16, 2024 | Markets
There’s lots Ford and GM could learn from the likes of BYD about building affordable electric cars. For a century, America’s car plants, dealer lots and highways have been the world’s preeminent automotive battlefield. No longer. China has grown to be simultaneously...
Sep 16, 2024 | Markets
Lynas facility near Houston shows challenges facing industry Beijing controls about 70% of production of the key minerals A couple hours outside Houston, in a remote field near a Dow Chemical Co. plant, America’s bid to undercut China’s grip on the global supply of...
