Trading Ideas
JPMorgan Says Cash Levels May Stay High as Safe Assets Struggle
(Bloomberg) — Investors may remain in cash more than expected as safe-haven assets seen as traditional hedges aren’t panning out, according to JPMorgan Chase & Co.Above-average allocations to cash may be an unintended consequence of easy-money policies, with cyclical assets seen as too difficult to hedge in a zero-yield environment, strategists led by John Normand wrote in a note Friday. That conservative mindset may not become popular enough to affect the direction of risky markets, but it could discourage investors from deploying their cash into other asset classes, they said.“Defensive assets are delivering their weakest performance and therefore worst hedge …read more […]
Trump Denies New York Times Report on His Income Taxes
Responding to questions at a press conference Sunday, President Trump denied a New York Times article about his finances, saying he pays “a lot” in federal income taxes. Photo: Chris Kleponis/Bloomberg News …read more […]
Devon-WPX Deal Would Answer Investor Calls for Permian M&A Wave
(Bloomberg) — Fed-up U.S. shale investors may finally be about to get the industry consolidation they’ve been demanding.Devon Energy Corp. and WPX Energy Inc. are in advanced talks to merge, the Wall Street Journal reported Saturday, with an announcement coming as soon as this week. The combination would create one of the biggest independent shale producers in the country, tying together two companies with sizable operations in the hottest part of the prolific Permian Basin, which straddles West Texas and southeastern New Mexico.U.S. shale company shareholders, frustrated after years of poor returns and missed targets, have long called for the …read more […]
U.S. Stock Futures Tick Higher; Dollar Steady: Markets Wrap
(Bloomberg) — U.S. equity-index futures began the week with modest gains and stocks in Asia were on course to open marginally higher as investors weighed further signs of recovery in China against more virus outbreaks in some parts of the world.Currencies began the week with muted moves, with the dollar steady against most G-10 peers early Monday. S&P 500 futures ticked up after the gauge rose on Friday, when equity-index futures in Japan and Australia edged higher. Crude oil slipped. Global equities are on course for the first month of losses since March amid mounting signs that the pace of …read more […]
Gulf Nations Are Desperate For Higher Oil Prices
Despite claims that their economies can survive low oil prices, Gulf nations are grappling with a massive half-trillion-dollar budget deficit …read more […]
Exclusive: ArcelorMittal in talks to merge U.S. assets with Cleveland-Cliffs
It would come after Cleveland-Cliffs acquired AK Steel, a U.S. maker of flat-rolled carbon steels, including stainless steel, for $3 billion, including debt, last March. The latest deal could result in the merger of U.S. assets of Luxembourg-based ArcelorMittal that are worth between $2 billion and $3 billion with Cleveland-Cliffs, one of the sources said. …read more […]
WSJ Opinion: Hits and Misses of the Week
Journal Editorial Report: The week’s best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: Reuters/AFP/Getty Images Composite: Mark Kelly …read more […]
WSJ Opinion: The Vaccine Race Quickens as the Virus Surges Across Europe
Journal Editorial Report: Paul Gigot interviews Dr. Martin Makary of Johns Hopkins University. Image: Dado Ruvic/Reuters …read more […]
WSJ Opinion: Trump Nominates Amy Coney Barrett to the Supreme Court
Journal Editorial Report: What it means for the Court and the presidential election. Image: Olivier Douliery/AFP via Getty Images …read more […]
Top 10 Logistics Companies in the World
In this article we take a look at the biggest logistic companies in the world in 2019. Click to skip ahead and jump to 5 biggest logistic companies in the world. The biggest logistics companies in the world are evidence that this is a major industry with global implications. While you might think that logistic companies […] …read more […]
September jobs report, first presidential debate: What to know in the week ahead
Market participants this week are gearing up for a heavy week of new US economic data, including Friday’s monthly report from the Labor Department on non-farm payrolls. …read more […]
Is GlaxoSmithKline plc (GSK) A Good Stock To Buy?
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 […]
