Yet again CTAs, the trend-following gurus, suffered the most in the hedge fund industry in the month of June. Lyxor's weekly updates report a 4.8% loss suffered by these quant funds, which further pushed down their YTD return to -3.5%. CTAs were particularly impacted in the last week of the month as the Lyxor's CTA Broad Index dropped 2.5% for the week.
In finance, there are often well-known rules of thumb for investing that can easily become embedded in consensus thinking. For market timing, the well-worn “Buffett ratio” compares the value... Read More
Donald Trump's core personality is not likely to change, says Capital Economics US Economist Michael Pearce. When his back is against the wall with few legislative accomplishments to show... Read More
More and more hedge fund managers are drawing comparisons between today's market and the market of the late 1990s. The latest comparison is from John Moon, founder of Moon... Read More
We are covering or planning to cover Tesla Motors Inc. (NASDAQ:TSLA) secret master plan. Elon Musk has hinted at the "secret master plan" for a few days already but... Read More
In a Wednesday morning interview with CNBC, renowned business mogul, Warren Buffett, shared deep insight on various aspects of both the American and the global economy, touching on the... Read More
Word is out among hedge fund managers on how to get tax breaks for giving to charity — without actually handing over their money just yet. They can even... Read More
As the rush to judgment against North Korea in the Sony Corp (ADR) (NYSE:SNE) (TYO:6758) hacking incident continues – and Sony actively promotes the movie “The Interview,” said to... Read More
It should come as no surprise to anyone that Tesla is back in the news, though it seems to be for all of the wrong reasons. From Musk's Twitter... Read More
Every afternoon we provide an update on global market levels, economic news, and hedge fund news. Post Market Update Market Levels * US: Dow: 12835.10 (-0.75%), S&P 500: 1354.58 (-0.67%), NASDAQ: 2934.71... Read More
The city of Scranton has a population that has decreased by fifty percent. Two-thirds of the remaining population live in poverty. The city is filled with boarded up businesses... Read More
