The stock market’s early-year rally continued to stall this week, with the Dow logging its third-straight losing week while the S&P 500 capped off two-straight losing weeks for the first time this year. Underneath the surface, retail investors continue to buy with enthusiasm, as data from VandaTrack published Thursday showed …
Read More »J.P. Morgan Analysts Say These 3 Stocks Are Their Top Picks for 2023
Anyone involved in the investing game will know it’s all about “stock picking.” Choosing the right stock to put your money behind is vital to ensure strong returns on an investment. Therefore, when the Wall Street pros consider a name to be a “Top Pick,” investors should take note. Using …
Read More »Little-known hedge fund boss joins Steve Cohen, Ken Griffin as Wall Street’s top earners
Little-known hedge fund manager Said Haidar reportedly joined heavyweights like Citadel CEO Ken Griffin and Mets owner Steve Cohen on the list of Wall Street’s top earners last year after his firm secured a massive 193% return. The Haidar Capital Management boss earned $859 million through gains on his personal …
Read More »China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
(Bloomberg) — The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry. Most Read from Bloomberg Bao’s company China Renaissance Holdings Ltd. said on Thursday it had lost touch with the banker, one of the country’s most prolific dealmakers over the past …
Read More »JPMorgan’s top strategist warns markets could be heading for another ‘Volmageddon’
Something is very wrong with the stock market, according to a top strategist at JPMorgan. Equities have stormed back from their 2022 lows as fears of an economic hard landing give way to hope there may not be any landing at all thanks to a robust labor market and declining …
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