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Business Mag Search: Economy - Finance > Tech
Investors betting defensive stock market plays will win as they sold tech, financials
10 monthes ago - By CNBC
Investors pulled money from both stock and bond funds in the past week, and shifted money within U.S. equities to health care and out of tech and financials.
Read more ...The legendary investor who predicted the past 2 bubbles breaks down how the 9-year bull market will end
10 monthes ago - By Business Insider
Jeremy Grantham, the cofounder and chief investment strategist at the $71 billion Grantham, Mayo, & van Otterloo, has become a world-renowned market voice by calling the past two major financial bubbles.
He was growing ever-convinced of a severe bubble burst earlier this year, until President Donald Trump's global trade-war escalation injected skepticism into the market, nipping a mounting crash in the bud.
Grantham has now adjusted his market outlook to something far less immediately severe than a bubble-driven crash - but argues considerable pain could still be in store for investors.
In...
Read more ...The legendary investor who predicted the past 2 bubbles breaks down how the 9-year bull market will end
10 monthes ago - By Business Insider
Jeremy Grantham, the cofounder and chief investment strategist at the $71 billion Grantham, Mayo, & van Otterloo, has become a world-renowned market voice by calling the past two major financial bubbles.
He was growing ever-convinced of a severe bubble burst earlier this year, until President Donald Trump's global trade-war escalation injected skepticism into the market, nipping a mounting crash in the bud.
Grantham has now adjusted his market outlook to something far less immediately severe than a bubble-driven crash - but argues considerable pain could still be in store for investors.
In...
Read more ...
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The Amazon Prime credit card always earns 5% back on Amazon and Whole Foods...
Prime Day 2019 runs from Monday, July 15 through Tuesday, July 16, at 11:59 p.m., and will bring customers more than a million deals. You need to be an Amazon Prime member...
China's Economy Falters; Slowest Growth In Nearly 3 Decades
The pace of growth in the second quarter was its slowest since 1992. The National Bureau of Statistics attributed the change to a complicated international environment.
China's growth has ground down to a 27-year low, and its economy probably...
China's GDP for the second quarter grew at its slowest rate since the global financial crisis in 2008, 6.2%. This weak print is the result of a combination of factors - China's...
In a stark reversal, Citi's revved-up credit-card business helped it beat...
Citigroup beat earnings expectations for the second quarter, thanks largely to a stand-out performance from its credit-card business. Revenue in the North American...
'This will turn nasty:' A crisis is brewing as a global currency war...
Albert Edwards, the global strategist at Societe Generale, says investors could soon feel the pain of "competitive devaluation" as the US, Europe, and Japan all weaken their...
Huawei to move 1,000 jobs from US to Italy, plus a $3 billion investment to boot
Chinese telecom giant Huawei has called on Rome to ensure the “transparent, efficient and fair” use of its ‘golden power' when it comes to developing Italy's 5G network.
Amperity raises $50 million to unify disparate customer data
Amperity, a startup developing an AI-powered customer data management solution, has raised $50 million in venture capital.
Stocks are rising as tepid Chinese growth has traders 'baying for more stimulus'
Stocks climbed on Wednesday after China reported growth of 6.2% in the second quarter, its slowest rate in at least 27 years, fueling hopes of further government...
The world's top investment firms pay Rob Arnott for advice. Here's his guide...
Rob Arnott, the chairman and founder of Research Affiliates, advises major Wall Street firms including Pimco. He recently co-authored a note outlining where the biggest bubbles...
This CEO got $3 million from investors including Serena Williams' VC firm to...
Mahmee, a maternal and infant health startup, announced Monday it raised $3 million in seed funding. The round was led by Arlan Hamilton's ArlanWasHere Investments and included...