Feb 16, 2024 | Markets
Fed asking if lenders have done enough to brace for bad loans Central bank steps up pace of issuing findings and downgrades US regulators are “closely focused” on risks in commercial real estate loans, and have stepped up downgrades of supervisory ratings on lenders...
Feb 16, 2024 | Markets
KKR’s family office survey of 75 chief investment officers around the world found that family offices will have 52% of their portfolios invested in alternative investments this year, up from 42% in 2022. Cash holdings fell from 11% to 9% from 2022 to 2023, and their...
Feb 15, 2024 | Markets
Value of purchases dropped 0.8% in January after down revision Building material stores, auto dealers led the decline US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season. The value of retail...
Feb 15, 2024 | Markets
As we detailed in our preview for premium subscribers, if the omniscient analyst at BofA are right this morning, the fecal matter is about to hit the rotating object as they saw retail sales declining bigly (more than expected) in January judging by real-time credit...
Feb 15, 2024 | Markets
City disproportionately hit by properties due to tax system Report calls for value of office space to dip by 20% to 30% Tumbling market values for office buildings are poised to cost Boston more than $1 billion in tax revenue over the next five years, as the pitfalls...
Feb 14, 2024 | Markets
Alibaba, JD.com are Scion’s top holdings after stakes boosted Firm reopened positions in companies in the third quarter Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba Group Holding Ltd. and JD.com Inc. in...
