Month: October 2019

(Bloomberg) — Taylor Swift will headline Alibaba’s Singles’ Day next month in Shanghai, turning her considerable star wattage on the world’s largest annual online shopping spree.By most measures the biggest recording star on the planet, Swift is the highest-profile act to feature at Alibaba Group Holding Ltd.’s Nov. 11 extravaganza since its inception over a decade ago. She joins celebrities from Chinese singer G.E.M. to Japanese voice actress Kana Hanazawa in Shanghai mere months after wrapping a similar Prime Day celebration for Amazon.com Inc.Alibaba co-opted Singles’ Day — an unofficial campus holiday for the unattached — and turned it into …read more […]

(Bloomberg) — For European Central Bank President Mario Draghi, the battle to save the euro may be over, but for investors the risk of a continued slump in the currency persists.The euro has fallen more than 3% so far this year and the top forecaster in Bloomberg surveys predicts it will slide as much again to $1.07 by the end of 2019. State Street Global Advisors, Millennium Global Investments and Henderson Rowe are among funds seeing little on the radar to make it worth buying, given the region’s struggling economy and global trade tensions.“The euro is a big short position …read more […]

Oct.28 — Jeffrey Halley, Asia-Pacific senior market analyst at Oanda, discusses the election in Argentina, their move to tighten currency controls and his outlook for the peso. He speaks on “Bloomberg Markets: Asia.” …read more […]

Oct.28 — Jeffrey Halley, Asia-Pacific senior market analyst at Oanda, discusses the election in Argentina, their move to tighten currency controls and his outlook for the peso. He speaks on “Bloomberg Markets: Asia.” …read more […]

Oct.27 — Opposition candidate Alberto Fernandez swept Argentina’s presidential election on Sunday, ousting pro-market incumbent Mauricio Macri. Bloomberg’s Carolina Millan reports on “Bloomberg Markets: Asia.” …read more […]

(Bloomberg) — Argentina’s investors are keenly watching for leading candidate Alberto Fernandez’s next steps after the results of Sunday’s presidential election were tighter than expected.Fernandez won the race for the country’s top job, with 48% of the vote, above the 45-point threshold needed to win outright. But with 91% of votes counted, the big surprise of the night was that incumbent President Mauricio Macri narrowed Fernandez’s margin of victory to seven points from a 16-point gap in an August primary.Analysts and investors are now watching for two key items as they prepare for the market reaction come Monday morning. First, …read more […]

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

Oct.27 — Richard Pan, head of international business and managing director at China Asset Management Co., discusses Chinese A-Shares and where he sees opportunity. He speaks on “Bloomberg Markets: China Open.” …read more […]

Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […] …read more […]

Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees during the first half of 2019 amid Powell’s pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a […] …read more […]

(Bloomberg) — Lagging returns from U.S. growth stocks, recently surpassed by their value peers, mark only the start of a longer-term move, according to Morgan Stanley.The shift favors an overweight position in financials, consumer staples and utilities, said Michael Wilson, the bank’s chief U.S. equity strategist. The S&P 500 Value Index has returned about 5% since the start of August compared with the 0.9% for the S&P 500 Growth Index.“The bottom line is that the winds of change are upon us,” Wilson wrote in a report Sunday. “The long-overdue adjustment process for the most expensive secular growth stocks is under …read more […]

Oct.27 — Eric Farnsworth, vice president at the Council of the Americas & the Americas Society, discusses Argentina’s fiscal outlook and why this election is so important. He speaks on “Bloomberg Daybreak: Asia.” …read more […]