The Wall Street Journal – The 2017 Sohn Investment Conference -Live Analysis From Einhorn to Ackman to Gundlach, some of the biggest names in the hedge-fund world are pitching new investment ideas at the Sohn Investment Conference Monday. Forbes – The Best Hedge Fund Trades From The 2017 Ira Sohn Investment Conference Every year some of the… Continue reading Your Yearly Ira Sohn Guide To Underperforming The Market
The Financial Times – Earnings growth rebound justifies Wall Street record run Progress on Trump stimulus policies seen as catalyst to push US stocks higher Led by the technology sector, the S&P 500 sits in record territory and has risen a fifth from mid-2016’s nadir of about 2,000 points. With various measures of US equity… Continue reading Good Earnings
Bloomberg.com – Gundlach Says Short the S&P 500 and Buy Emerging Market ETF DoubleLine’s chief says higher rates may not lift dollar His call at last year’s Sohn conference returned 40% DoubleLine Capital’s Jeffrey Gundlach recommends shorting the S&P 500 Index and going long on emerging market stocks despite conventional wisdom that rising U.S. rates… Continue reading Buy Emerging Markets?
Reuters – OPEC, non-OPEC discuss extending supply cut by nine months or more: sources OPEC and non-member oil producers are considering extending a global supply cut for nine months or more to avoid a price-sapping output increase in the first quarter of next year, when demand is expected to be weak, OPEC and industry sources… Continue reading OPEC Continues Talks On Extending Production Cuts
Bloomberg.com – China Deleveraging Pain Puts Investors on Contagion Alert Emerging markets would be most vulnerable, Invesco’s Uy says ‘We don’t yet see it as a big risk-off event,’ says Aberdeen What may be shaping up as China’s most concerted effort yet to bring its credit boom under control is spurring investors to gauge any contagion… Continue reading China Deleveraging
The Financial Times – What to watch when bonds track more than their domestic economies The haven status of some capital creates exposure to the moves of other assets Highly-rated government bonds are not only influenced by the economic outlook. Because of their “haven” status, they can also be affected by sentiment towards other asset… Continue reading How Do Bonds Trade?
Bloomberg View – Commodities Rout Shouldn’t Be Taken Lightly The market is signaling something ominous about the state of the global economy. By almost any measure last week was a bad one for commodities, as practically every part of the market lost value. West Texas Intermediate crude oil fell under $44 per barrel, Brent crude broke… Continue reading Commodity Rout
Bloomberg.com – Visiting the White House Can Boost Your Stock Price. So Who’s Visiting Trump? Shares of companies whose top executives saw Obama officials outperformed the market in the following weeks, a new study finds. The Trump log is sealed. New research shows that visiting the White House during the Obama years yielded a payoff in the… Continue reading The Real Trump Bull Market
Bloomberg View – How the Fed Misinterprets Wage Growth The central bank is confused about the interplay between cycles in growth and inflation Federal Reserve Chair Janet Yellen pointed to “nonexistent” real wage growth to justify holding rates at zero percent in 2014. There is room, she said, “for real wage gains before we need to… Continue reading Wage Growth
View PDF The Wall Street Journal – Companies Rack Up Profits, but Aren’t Ready to Spend Them Earnings jump 13.9% in first quarter, best showing in five years aided by rebound in energy sector The largest U.S. companies are booking their strongest quarterly profits in five years, as firms reap the benefits of years… Continue reading Q1 2017 Earnings Reports Continue To Be Great
Bloomberg – Saudi Arabia and Russia Signal Oil-Cuts Extension Into 2018 Saudi Minister Al-Falih confident of agreement to extend Saudi Arabia and Russia signaled they could extend production cuts into 2018, doubling down on an effort to eliminate a supply surplus just as its impact on prices wanes. In separate statements just hours apart on… Continue reading OPEC Trying to Regain Control