Daily Scan: Japan, Hong Kong maintain gains; Hong Kong PMI falls for fifth consecutive...
All the news you need in one place. Updated throughout the day.
August 5
Good evening everyone. Japanese shares...
Atlanta Fed president says rates could rise in September
Atlanta's Federal Reserve President Dennis Lockhart says September is still a strong possibility for raising interest rates.
“I...
Chart of the day: Performance of 25 largest S&P 500 stocks in 2015
In the S&P 500, the stocks with the largest market cap make the biggest impact on the...
Daily Scan: Stocks dip; Apple slaughtered; Fed president talks about September rate rise
August 4
It was a rough day for stocks. The Dow dropped 0.27%, the Nasdaq fell 0.18%, and...
It’s what you learn after you know it all that counts
This post originally appeared in Advisor Perspectives.
“It’s what you learn after you know it all that counts.”
....
Soros CIO to start own firm
Scott Bessent, CIO of Soros Fund Management, is departing to start his own firm.
Bessent will leave Soros...
Aberdeen buys US hedge fund
Aberdeen Asset Management is continuing its U.S. and alternatives pushes with the purchase of Arden Asset Management.
The...
China Universal Asset gears up to conquer Europe
China Universal, one of the largest Chinese asset management firms, is apparently setting its sights on European...
China’s CIC backs Uber competitor Didi Kuaidi
Well, I guess this seals Uber’s fate in China.
The SCMP reports that the China Investment Corporation (CIC)...
Famed China bear says SHCOMP will double by 2016
Here’s an interesting short-seller to cheerleader story.
MarketWatch reports that Jon Carnes, a noted short-seller famous for blowing...
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