Classic Hedge Fund Trade Is a Winner in China’s Two-Speed Market

Jul 16, 2024 | Markets

Long-short strategy has gained over 10% in China this year China’s low correlation, high dispersion generates alpha: BNP Chinese stocks have been among the world’s worst performers over the past year, but they are beating their major peers based on one hedge-fund...

New York Manufacturing Contracts for an Eighth Straight Month

Jul 15, 2024 | Markets

Empire State factory index eased this month to minus 6.6 Prices received by state manufacturers dropped to one-year low New York state factory activity contracted for an eighth straight month in July while a measure of prices received by producers declined to a...

Kolanovic Departure Triggers an Echo on Wall Street From 1999

Jul 12, 2024 | Markets

Charles Clough leaving Merrill then was a sign of dot-com top Traders wonder if stock market history is repeating itself It’s been about 25 years since Wall Street had a serious bear hunt. And it appears another one is starting up now. Early on Aug. 27, 1999, the...

Most French Say Country Is ‘Ungovernable’ After Vote, Poll Shows

Jul 10, 2024 | Markets

France has become ungovernable after the snap legislative elections left the country with a deeply divided parliament and no obvious path toward a stable government, according to three-quarters of respondents in a poll by Elabe. The survey also showed that 71% of the...

Payment problems stifle Russian imports of Chinese cars

Jul 10, 2024 | Markets

Payment issues between Russia and China, caused by U.S. sanctions, pose serious issues for Russian imports of Chinese cars that have supplied the domestic market over the last two years, the head of Russia’s car dealers’ association told Reuters. Moscow...

2nd Blue Chip with NIKE problem Discovered

Jul 5, 2024 | Markets, Save Change World Companies

My research has resulted in another major discovery.    Lululemon (symbol: LULU) has same problem as NIKE (symbol: NKE).  Two of the pillars of the Consumer Discretionary Sector for the U.S. and the world are in the process of crumbling.   At 07/05/2024 the market...