As U.S. stocks reverse yesterday’s upward path, turning negative today by more than 1 percent during the afternoon and taking the Dow Jones Industrial Average negative on the year, China’s devaluation of its currency is overblown, according to institutional investor reports.
China’s move last night to devalue the renminbi, viewed as an additional measure to prop up its economy by making its exports cheaper, is viewed very differently by Capital Economics.
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
Ron Baron's Baron Partners Fund report for the third quarter 2014.
Dear Baron Partners Fund Shareholder:
Ron Baron's Baron Partners Fund Performance
Baron Partners Fund declined 4.86% during the third quarter of... Read More
There is a movement, a trend taking place and it “is not temporary,” a Moody’s Investor Service report observes. This isn’t a political movement that jeers at a political... Read More
The worm continues to turn for major private equity firms. TPG Capital is ‘contemplating’ an initial public offering, co-founder David Bonderman said at the Super Return conference in Berlin... Read More
PM Charlie Dreifus explains why investors should be wary of these four things in proxies.
Q1 hedge fund letters, conference, scoops etc
rawpixel / Pixabay
In proxies there's a lot to be... Read More
Facebook Inc (NASDAQ:FB) went public on May 18th, through an Initial Public Offer, at a price of $38 per share; today, the stock is available at only $19, representing a "catastrophic" 50% decline, and an equivalent loss to those who have held the stock since the IPO.
At first, a majority of you would say that those who sold their stake at $35 per share within the first few days,... Read More
Mark the date 7/11/2016 in your historical calendar. This was the day bears threw up their hands and capitulated, Bank of America Merrill Lynch notes in a July 14... Read More
Creeping Acquisitions in Europe: Enabling Companies to Be Better Safe than Sorry
Luca Enriques
University of Oxford - Faculty of Law; European Corporate Governance Institute (ECGI)
Matteo Gatti
Rutgers, The State... Read More
Elon Musk's previous concerns about artificial intelligence have apparently solidified.
Elon Musk compares AI to Nukes
In tweets this weekend Musk, the visionary technical leader of Tesla Motors Inc (NASDAQ:TSLA), SpaceX... Read More
Ron Muhlenkamp's letter to investors for the first quarter ended March 31, 2016.
In the spirit of our times, when trigger warnings abound, we should probably warn you now... Read More
