Month: December 2019

(Bloomberg) — Equity demand is likely to rise next year while supply contracts, according to JPMorgan Chase & Co.Retail investors and equity long/short hedge funds are expected to drive demand for equities in 2020, JPMorgan strategists led by Nikolaos Panigirtzoglou said. They foresee improvement in equity demand versus supply of about $410 billion, when calculated by adding up the projected demand-flow changes and subtracting the supply change compared with 2019.That’s around half the improvement this year relative to 2018, which is estimated at $850 billion — the best since 2010 — according to JPMorgan’s estimates.Institutional investors, such as balanced mutual …read more […]

(Bloomberg) — China announced the creation of its long-planned national oil and gas pipeline company, officially kicking off one of its biggest energy revamps aimed at helping supply keep pace with swelling demand.The move marks a “key step” in China’s efforts to deepen reforms of its oil and gas sector, the official Xinhua News Agency said, without giving further details.The government has planned to merge the networks operated by its three state-owned giants under a single operator, a key step to removing barriers that have hampered domestic production, and which dovetails with efforts to use more gas instead of coal.Click …read more […]

Dec.08 — The unexpected drop in China’s exports in November shows one reason why the nation wants to agree on a phase one trade deal – U.S. tariffs are hurting China’s exports at a time when global demand is already weak. Bloomberg’s Selina Wang speaks with Rishaad Salamat and Tom Mackenzie on “Bloomberg Markets: Asia.” …read more […]

The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But when you pick a… …read more […]

Dec.08 — Ziming Huang, managing partner and co-chief investment officer at HeirCastle Asset Management, talks about Chinese stocks. He speaks with Rishaad Salamat and Tom Mackenzie on “Bloomberg Markets: China Open.” …read more […]

Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China’s economy due to the prolonged Sino-U.S. trade war. Japan’s benchmark Nikkei advanced 0.3% while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3%, with Australian stocks and South Korea’s Kospi up 0.2% and 0.6%, respectively. The modest Asian gains compared with Wall Street, which rose to near record highs on Friday on a strong jobs report and some sign of optimism about U.S.-China trade talks, with …read more […]

Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war. Brent futures were down 33 cents, or 0.5%, at $64.06 per barrel by 0055 GMT, after gaining about 3% last week, boosted by news that OPEC and allies would deepen output cuts. West Texas Intermediate oil futures were down 37 cents, or 0.6% to $58.85 a barrel, having risen about 7% last week on prospects for …read more […]

(Bloomberg) — The Chinese government has ordered state offices and public institutions to remove foreign computer equipment and software within three years, the Financial Times reported.The move is part of a broader effort to decrease China’s reliance on foreign technologies and boost its domestic industry. The goal is to substitute 30% of the technology next year, 50% in 2021 and 20% in 2022, the newspaper reported, citing estimates from analysts at the brokerage China Securities.The government under President Xi Jinping has been trying for years to replace technologies from abroad, and particularly from the U.S. Bloomberg News reported five years …read more […]

How do we determine whether MarketAxess Holdings Inc. (NASDAQ:MKTX) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […] …read more […]

Last year’s fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […] …read more […]