$DIA, $SPY, $QQQ, $RUTX, $VXX, $BAC, FLASH: Global investors’ equity allocations fell 6% in May and 34 % of fund managers have taken out protection against sharp stock market declines in coming months, Bank of America Merrill Lynch’s (NYSE:BAC) latest monthly survey found Tuesday. The proportion of investors preparing for equity falls is the highest […]
$RACE FLASH: Smart Money is right about Ferrari Ferrari N.V. (NYSE:RACE) investors should be aware of an increase in enthusiasm from smart money in here. Our calculations also showed that RACE isn’t among the 30 most popular stocks among hedge funds aka smart money. In today’s market there are a large number of indicators investors […]
$LEVI Levi Strauss & Co.’s (NYSE:LEVI) is betting it can convince investors there is still room for global growth left for the 165-year old company, but managed money see the iconic US blue jeans maker’s stock may be too pricey to generate a decent return. The San Francisco-based company returned to the public markets Thursday […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: San Francisco Fed President Mary Daly said Friday afternoon that the central bank is debating whether QE (quantitative easing) should be reserved for emergencies or used more readily. Market turned; S&P 500 NAS Comp and RUTX finished in the Green, DJIA off a bit. The S&P 500 utilities sector […]
$SPY The data reveals that hedge fund money has not been chasing the January late December – January rally in US stocks. It is on the sidelines. According to Macro Risk Advisors, these big-money managers are acting much more like it is the aftermath of the Y 2008 financial crisis than the relatively low-volatility environment […]
The White House has directed the Army Corps of Engineers to look at using emergency funds that Congress approved for disaster relief to build a border Wall with Mexico. $13.9-B has been allocated, but not yet obligated through contracts for a variety of projects in California, Florida, Texas, other states and Puerto Rico, which have […]
$TWTR Twitter (NYSE:TWTR) is blocking the petition, and the triple amputee was attacked by Jimmy Kimmel and Alyssa Milano personally triggering an outpouring of attacks. So far, having raided over $17-M in only 8 days via crowd funding for “We The People Will Fund The Wall,” distinguished USAF Vet Brian Kolfage writes that he is […]
President Trump Preparing ‘Sweeping’ Infrastructure Plan White House economic adviser Larry Kudlow said Tuesday that President Trump’s administration is looking at a sweeping infrastructure plan. “We are looking at infrastructure in many different ways, I would like to do energy infrastructure. I would like to do pipeline,” the veteran financial guru said. The White House […]
Tesla’s (NASDAQ:TSLA) Embattled CEO, Chides Funds That Lend Shares to Short-sellers $TSLA, $BLK, $VTI Accused by Tesla’s (NASDAQ:TSLA) CEO Elon Musk of making “excessive profit” by lending shares to *Short-sellers, Top index fund companies shot back Friday that they are only looking out for their investors. The responses from BlackRock Inc and Vanguard Group came […]
Savvy Investors Are Starting To Buy Gold $GLD, $SLV, $USD. $ABX, $GOLD, $FNV Savvy investors will start stocking up now on gold since roaring inflation is poised to soon ravage global economies, Barron’s reports. “Inflation is starting to pick up in the US and in much of the world as central banks shrink their enormous […]
The Newly Minted Shareholder’s Gold Council Vs the Destruction of the Gold Sector $GLD, $SLV, $USD After about a year of behind-the-scenes work, billionaire hedge-fund manager John Paulson announced that he has formed a coalition with 15 other investors aimed at curbing years of what his fund has called value destruction in the gold sector. […]
Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid $TSLA Saudi Arabia’s PIF (sovereign wealth fund) signed an agreement to invest more than $1-B in aspiring US electric-car maker Lucid Motors Inc., a private company, months after building a stake in rival Tesla (NASDAQ:TSLA). The deal would give Lucid the funding to take it […]
Hurricane Florence Pounds Some Financial Markets $KBWP, $All, $TRV, $IAK, $HD, $LOW, $GNRC The path of Hurricane Florence’s potential destruction runs right through markets from stocks to mortgage-backed securities. The Category 4 storm, which is forcing more than 1-M people to flee to safety and could wreak as much as $27-B in damages in the […]
Institutional Investors to Launch Services Dedicated to Cryptocurrencies $BTCUSD, $BLK, $GS, $C, $ICE, $JPM The rejections by the US Securities and Exchange Commission (SEC) for the Bitcoin-based ETFs exchange traded funds is no deterrent to aspiring firms hopeful of launching the long-awaited cryptocurrency product. Leading cryptocurrency exchange operator Coinbase has emerged as the latest contender in the race to launch a cryptocurrency […]
How Close was Saudi Arabia to Buying Tesla? $TSLA With privatization plans now off the table, we investigate how close Saudi’s electric dream was to becoming a reality In what became one of the most intriguing and beguiling business stories of recent years, Saudi Arabia emerged as a leading player in the complex and now defunct […]
Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]
Where is the ‘420’ Money Coming from Elon? $TSLA Tesla’s (NASDAQ:TSLA) CEO Elon Musk still has not said where the Money to take Tesla private at ‘420’ would come from. Tuesday, Elon Musk did not just say he was considering taking Tesla private Tuesday. He said the funding to do so was “secured.” No one knows […]
Cryptocurrecy’s Use in Hedging Gaining Traction $BTCUSD Cryptocurrencies have lost 100’s of Billions in total market cap since December 2017, add to that continued confusion about its regulatory status in the US and elsewhere, we might expect that the nascent crypto hedge fund industry would be struggling. But, a report by CryptoGlobe suggests that this is not the case. In fact, the pace […]
Thailand Asserts Financial Leadership in Southeast Asia Thailand is forming and leading a new Southeast Asian fund for infrastructure and development projects, Thai Prime Minister Prayuth Chan-ocha told a Summit in Bangkok Saturday to counter reliance on China and the other Asian giants. The fund, which Thailand will jointly manage with 4 countries in the […]
Abu Dhabi Sovereign Wealth Fund is the World’s Top Real Estate Investor ADIA is 1 of the richest sovereign wealth funds in the world managing $62.1-B in real estate assets. Abu Dhabi Investment Authority (ADIA) is the #1 real estate investor in the world, a research report said, a sign of Gulf sovereign wealth funds […]
Trading in Volatility ETFs Halted at Fidelity $SVXY, $XIV, $ZIV Just 3 days after the collapse of an exchange-traded note betting on low volatility, Fidelity Investments said it moved to protect client/investors from these highly leveraged products. The fund giant is halting customer purchases of 3 volatility-focused ETFs (exchange traded funds) a company spokesman, said […]
Bitcoin Runs to Record $10,000 $BTCUSD, $CME, $JPM Bitcoin broke $10,000 for the 1st time Tuesday bringing the YTD price rise to more than 10X. Currently Bitcoin is trading at $10,541.9951, +621.86 or +6.27% on the day. The fast action is bringing to the mainstream what was once considered the providence of computer developers, futurists […]
The Big Q: Will Bitcoin End this Year at $10,000? $BTCUSD Hedge fund manager Mike Novogratz, 52 anni, is starting a $500-M fund to invest in cryptocurrencies, and he says the Bitcoin rally still has legs. After surging more than 7X since December 2016, the largest digital currency will end the year at $10,000 from […]
$5-B China Investment Fund Coming to Buy US Manufacturers $GS Goldman Sachs (NYSE:GS) partners with sovereign fund China Investment Corp. (CIC) to jointly launch an up to $5-B fund to invest in US manufacturers. CIC is 1 of the world’s largest sovereign wealth funds The details of the fund will be announced Thursday as part […]
The Women Entrepreneur Finance Initiative Debuted The Women Entrepreneur Finance Initiative, an effort 1st Daughter Ivanka Trump spearheaded in part to empower womens’ business endeavors in developing countries became operable last week. “The progress that the Women Entrepreneurs Finance Initiative (WeFi) has made over the past few months is encouraging and exciting,” the 1st Daughter […]
Tesla (NASDAQ:TSLA) Overvalued, Dropped by Key Fund $TSLA Tesla Inc. (NASDAQ:TSLA) is overvalued, according to a climate focused investment fund that has beaten 97% of its peers. “We don’t see upside,” Thomas Sorensen, who manages the Nordea Global Climate and Environmental Fund, said in a recent interview . “What’s needed in cash flow generation to get […]
Bitcoin Trading Applications Snagged at SEC $BTCSD, $ICE An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew 2 proposals to list Bitcoin funds. Intercontinental Exchange Inc.’s (ICE) NYSE Arca exchange Wednesday withdrew an application with the US Securities and Exchange Commission (SEC) to list Grayscale Investments LLC’s […]
A New ETF GOP Stock Tracker to List Under “MAGA” $MAGA, $SPY $GOP, $DEMS A planned index fund is hoping to “Make America Great Again” by investing in companies that support the Republican Party. The Point Bridge GOP Stock Tracker ETF (exchange-traded fund) will list under the ticker “MAGA,” according to a filing with US […]
The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]
UAE President Restructures Board of Abu Dhabi Wealth Fund ADIA The Abu Dhabi Investment Authority is 1 of the world’s richest sovereign wealth funds UAE President and Abu Dhabi ruler Sheikh Khalifa bin Zayed Al Nahyan has issued a decree reshuffling the board of Abu Dhabi Investment Authority (ADIA), official news agency WAM reported Tuesday. […]
Apple (NASDAQ:AAPL) Heeding President Trump’s Call, Investing in US Jobs $AAPL Apple CEO Tim Cook said Wednesday his company is putting $1-B into a fund to invest in advanced manufacturing jobs in the United States. Mr. Cook made the announcement during a TV interview Wednesday saying his company is always searching for ways to do […]
Abu Dhabi in Talks to Invest in $100-B SoftBank’s Vision Fund $SFTBY, $AAPL, $ORCL, $DB, $UBS Saudi Arabia’s Public Investment Fund is a major backer of the fund Abu Dhabi’s sovereign wealth fund is said to be among the parties in talks to invest in Japanese telecoms group SoftBank’s (OTCMKT:SFTBY)$100-B technology fund. The FT cited people […]
Glencore, Qatar Sovereign Wealth Fund Take 19.5% Stake in Russia’s Rosneft Commodities giant Glencore (L:GLEN) and Qatar’s sovereign wealth fund teamed up and acquired a 19.5% stake in Russia’s top state-controlled oil company, Rosneft (L:RNS), in a deal worth $11.3 billion, officials said Wednesday. The sale is part of the Russian government’s efforts to sell […]
UK Pinewood Studios Sold to Real Estate Investment Fund The iconic UK studio home of the James Bond franchise and ‘Star Wars’ is Europe’s largest provider of studio space. The sale of Pinewood Group to a real estate investment fund in a deal worth $412-M has closed/. Pinewood Studios was sold to Picture Holdco Ltd., an […]
Apple’s (NASDAQ:AAPL) Shares Seen Falling Further $AAPL After dropping more than $200-B in market cap in 1 year, Apple shares could fall further as they are set to lose their weighting and be reclassified in the annual reconstitution of the Russell indexes. When all is said and done, about $1.3-B worth of shares will be […]
Qatar Plans Zones w/Tax Incentives to lure Overseas Investors Qatar is seeking to draw in more foreign investors and cut its dependence on gas revenues by setting up special economic zones that will allow for 100% overseas ownership. The world’s top LNG exporter is one of the richest countries per capita but faces a projected […]
Qatar Investment Authority Acquires $2.5-B Singapore Tower $BLK, $JLL, $GOOGL, $C The acquisition of Asian Square Tower 1 marks the largest single tower real estate transaction in Asia Pacific Sovereign wealth fund Qatar Investment Authority (QIA) has acquired a 43-story office tower in Singapore from US private equity firm BlackRock (NYSE:BLK) in a $2.45-B transaction. […]
Tulla Group’s Kevin Maloney, Chasing Growth in Australia CapitalPitch, an funding platform in Australia that helps startups connect with VC (venture capital) money, has begun raising at least A$10-M for its own fund to co-invest in early-stage Australia ventures that raise money through its website. The new CapitalPitch Venture Fund is partnered with the high-net-worth […]
Chicago Agriculture Commodities Finished Higher Monday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat and Soybean finished higher Monday, as funds added buying in grains, soybeans, despite improving weather and excessive supplies in cash markets. Chicago Corn led the gains as the most active Corn contract for July delivery added 6.5 cents, or […]