Strategist makes a case for 20% stock drop risk
When the Fed hikes interest rates for the first time since 2006, here’s why stocks could suffer a major decline, strategist Komal Sri-Kumar says.
When the Fed hikes interest rates for the first time since 2006, here’s why stocks could suffer a major decline, strategist Komal Sri-Kumar says.
When the Fed hikes interest rates for the first time since 2006, here’s why stocks could suffer a major decline, strategist Komal Sri-Kumar says.
Hedge fund manager David Einhorn affirmed his approach after July losses tied to Consol Energy Inc., SunEdison Inc. and gold fueled his worst monthly performance since 2008. “The overall market environment has become acutely unfavorable for our investment strategy,” Einhorn said Tuesday in a conference call discussing results at Greenlight Capital Re Ltd., the reinsurer where he is chairman. Einhorn said the investment portfolio dropped about 5.9 percent in July
Hedge fund manager David Einhorn affirmed his approach after July losses tied to Consol Energy Inc., SunEdison Inc. and gold fueled his worst monthly performance since 2008. “The overall market environment has become acutely unfavorable for our investment strategy,” Einhorn said Tuesday in a conference call discussing results at Greenlight Capital Re Ltd., the reinsurer where he is chairman. Einhorn said the investment portfolio dropped about 5.9 percent in July
The fat yield premium on bellwether energy stocks reflects the market’s assessment that they are under increasing pressure to maintain their cash payouts.
The fat yield premium on bellwether energy stocks reflects the market’s assessment that they are under increasing pressure to maintain their cash payouts.
Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes …
Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes …
U.S. DoJ officials have demanded information from Germany’s biggest lender about the transactions because they involved the use of the dollar, the person said. Deutsche Bank declined to comment. It had said in its second-quarter financial report that it was investigating equity trades by Deutsche Bank clients in London and Moscow that offset one another, adding that the volume of these trades was “significant”.
U.S. DoJ officials have demanded information from Germany’s biggest lender about the transactions because they involved the use of the dollar, the person said. Deutsche Bank declined to comment. It had said in its second-quarter financial report that it was investigating equity trades by Deutsche Bank clients in London and Moscow that offset one another, adding that the volume of these trades was “significant”.