Year: 2020

(Bloomberg) — Oil in London was anchored near $43 a barrel as investors weighed tightening crude supplies and robust U.S. economic data against surging coronavirus infections.Libya’s oil exports are expected to slide this month as forces opposed to the government continue to block shipments, adding to coordinated OPEC+ cuts, while data last week showed the American labor market rebounded in June. However, a surge in U.S. virus cases has pushed global infections above 11.3 million, prompting concerns the recovery may be derailed.See also: Markets Torn Between Robust Economic Data and Rising Virus CasesWhile Brent oil has doubled since April as …read more […]

Jul.05 — While Donald Trump has yet to sign legislation that would impose sanctions on certain Chinese officials over Hong Kong, an administration official says the President is considering two or three actions against Beijing. Selina Wang reports on “Bloomberg Daybreak: Asia.” …read more […]

Jul.05 — Tokyo Governor Yuriko Koike has scored a landslide victory in her re-election bid as the city tries to keep a fresh virus surge in check. Koike, the first woman to govern the 14 million strong city, is set to win about 60% of the vote, beating her nearest rival by 40 percentage points. Bloomberg’s Isabel Reynolds reports on “Bloomberg Daybreak: Asia.” …read more […]

Jul.05 — Australia’s Finance Minister Mathias Cormann says he will step down at the end of the year. Paul Allen reports on “Bloomberg Daybreak: Australia.” …read more […]

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Jul.05 — Israeli Prime Minister Benjamin Netanyahu says the country is “at the height” of a new coronavirus offensive. There are currently 29,366 confirmed cases in Israel, including 330 fatalities, with as many as 1,100 new cases reported daily in the past week. He spoke at a press briefing Sunday in Jerusalem. (Translated excerpt) …read more […]

(Bloomberg) — Warren Buffett finally found his next crisis-era deal.His Berkshire Hathaway Inc., which has stayed relatively quiet during the tumult of the coronavirus pandemic, broke its silence at the end of a holiday weekend with its biggest acquisition in more than four years. The agreement for Dominion Energy Inc.’s natural gas pipeline and storage assets signaled to the market that Buffett is willing to pounce despite his cautious tone in May about the pandemic, according to David Kass, a professor of finance at the University of Maryland’s Robert H. Smith School of Business.“He’s willing to make investments now, of …read more […]

Stock futures opened slightly higher Sunday evening, even as coronavirus cases continued to march higher globally and domestically. …read more […]

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

Journal Editorial Report: The week’s best and worst from Jillian Melchior, Jason Willick, Mary O’Grady and Dan Henninger. Images: Getty Images Composite: Mark Kelly …read more […]

Journal Editorial Report: Paul Gigot interviews General Jack Keane. Image: Thomas Watkins/AFP via Getty Images …read more […]

Journal Editorial Report: Getting past it without relocking the economy. Image: Justin Sullivan/Getty Images …read more […]

Dominion has more than 7 million energy customers across 20 states in the U.S. Berkshire Hathaway provides service to 12 million worldwide customers. …read more […]

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]