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Amazon boss Bezos to face protests from traders during India trip

Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials. Bezos will participate in an Amazon event in capital New Delhi aimed at connecting with small and medium-sized enterprises, three sources told Reuters. Details of Bezos’ visit, including his arrival date and the duration of his stay are not known. …read more […]

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Strategist Who Nailed 2019 U.S. Stock Surge Warns on Positioning

(Bloomberg) — U.S. stock positioning is near extreme levels as investors price in improving worldwide economic growth, according to Deutsche Bank AG.“Equity positioning, like the market itself, has run far ahead of current growth asinvestors price in a global growth rebound,” strategists Parag Thatte, Srineel Jalagani and Binky Chadha wrote in a note Friday. It “is now in the 96th percentile on our consolidated measure, with a wide variety of metrics very stretched.“Systematic strategies have raised equity exposure to the top of their ranges — to where the only time it was higher was in January 2018, prior to the …read more […]