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9:48 a.m. Sept. 18, 2020 - By Jonathan Burton
Billionaire investor Ray Dalio on capitalism’s crisis: The world is going to change ‘in shocking ways’ in the next five years Veteran hedge-fund manager says capitalists don’t divide the economic pie well, so the system isn’t working effectively for allVeteran hedge-fund manager says capitalists don’t divide the economic pie well, so the system isn’t working effectively for all.
8:25 a.m. July 20, 2020 - By Lina Saigol
Superdry shares rise more than 5% after hedge fund snaps up stake in fashion brandGatemore believes Superdry’s share price has 300% to 500% upside as the trend for casual wear accelerates during lockdown.
9:33 p.m. July 13, 2020 - By Barbara Kollmeyer
Stocks are resilient because investors have been braced for much worse COVID-19 news, says strategist Critical information for the U.S. trading dayOur call of the day from Fundstrat strategist Thomas Lee says recent gains for stocks are explainable. The glass is “half-full” for investors where COVID-19 outbreaks are concerned.
7:43 p.m. June 25, 2020 - Associated Press
Asian markets gain after U.S. banks’ stress test results Strong gains in Tokyo and Seoul; Chinese markets closedAsian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks’ ability to make investments.
7:54 p.m. June 22, 2020 - Associated Press
Asian markets advance, tracking Wall Street’s tech rally Nikkei, Hang Seng gain around 1% eachAsian shares were mostly higher on Tuesday, recovering from some early losses as regional markets tracked a late rally on Wall Street led by technology shares.
5:10 a.m. June 20, 2020 - By Shawn Langlois
Investors could be looking at a ‘lost decade’ in the stock market, the world’s biggest hedge fund warns“Globalization, perhaps the largest driver of developed world profitability over the past few decades, has already peaked,” Bridgewater warned clients in a note this week.
11:51 a.m. June 6, 2020 - By Shawn Langlois
Italian trader loses his ‘entire life savings’ on one insanely risky positionWhen Luckin Coffee shares, which were already down 89% for the year, were halted in April amid an investigation into financial misconduct, losses were felt far and wide. One investor with a PG-13 Reddit name took a particularly grievous hit.
6:45 a.m. May 13, 2020 - By Chris Matthews
Investors should prepare for a U.S. ‘economic depression,’ warns Kyle Bass, but China’s fate could be even worse Hedge-fund manager predicts U.S. economy could contract upwards of 10%Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis.
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