• 10 things you need to know before the opening bell

    5 monthes ago - By Business Insider

    Here is what you need to know.
    2018 was the stock market's worst year since the financial crisis. The S&P 500 fell 6.2% last year, capped off by a 9.2% plunge in December - the worst final month of the year since 1931.
    More weak data emerges from China. The Caixin/Markit Manufacturing Purchasing Managers' Index for December printed 49.7, its first contractionary reading since May 2017, according to Reuters.
    It's a New Year's bloodbath. The Dow Jones Industrial Average was set to open down more than 360 points, or 1.5%, on Wednesday morning, continuing the stock market's slide from the...
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  • Investors are deserting markets and clawing back money from hedge funds - echoing the run-up to the financial crisis

    Investors are deserting markets and clawing back money from hedge funds - echoing the run-up to the financial crisis

    5 monthes ago - By Business Insider

    Evidence is mounting that market liquidity is drying up, a report from Deutsche Bank released in the final days of 2018 says.
    Slumping liquidity, or fewer investors buying and selling, raises concerns for 2019, a team of analysts from the bank wrote.
    Such a decline, they said, has echoes of what happened prior to the financial crisis.
    "We recall that the unwinding of quant funds in August 2007 and macro funds in October 2015 were harbingers of subsequent market turbulence."
    Declining liquidity and a surge in the number of hedge fund redemptions have eerie similarities to events prior to...
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