Black Swan Fund Manager Says Start Worrying When Fed Cuts Rates
Mark Spitznagel, Universa Investments - stock market is likely to surge, then turn drastically when the Federal Reserve starts cutting interest rates.
Mark Spitznagel, Universa Investments - stock market is likely to surge, then turn drastically when the Federal Reserve starts cutting interest rates.
A jump in US yields over recent weeks amounts to nothing less than an “earthquake” for the bond market.
A brief cash squeeze rattled China’s money markets earlier this week, illustrating how the nation’s tightly-managed financial system is under strain.
Vanguard Group Inc. is taking its last steps to exit China and shut down its office in the 29 trillion yuan ($4 trillion) mutual fund market.
CEO, Warren Buffett, renowned for his investment acumen, but he acknowledges that forgoing an early stake in Amazon.com Inc. is a notable oversight.
Starting in 2024, JPMorgan's CEO plans to sell 1 million shares currently valued at $141 million.
T. Rowe Price Group Inc. is reeling from a $127 billion exodus over just two years.