Buffett's Berkshire Builds Cash Reserve Intimating Caution
Buffett's Berkshire Hathaway is amassing an unprecedented level of cash reserves, indicating a cautious stance towards the current market environment.
Recent
Systematic Hedge Funds Pummeled in Post-U.S. CPI Stocks Rally - Goldman Sachs
Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday.
Investor Michael Burry of 'Big Short' Fame has Closed Bets Against S&P 500, Nasdaq
Burry's hedge fund Scion Capital disclosed in filing with SEC it had closed out "put" positions on SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust.
Fidelity Rolls Out Suite of New ETFs, Slashes Fees
Fidelity launched group of 6 new ETFs and announced sharp reductions on management fees on nearly a third of its total ETF lineup.
Increase in Unrealized Losses Add to Charles Schwab's Challenges
Charles Schwab's bond portfolio, a critical component of its financial structure, encountered an increase in unrealized losses, reaching $19.4B.
Greenlight's Einhorn Worries About Markets, Eyes Higher Oil Prices - Letter
Hedge fund manager David Einhorn, "worried about the direction of the market", bracing for higher oil prices and ready to buy beaten-down stocks.
Recognizing a Strategic Asset Class
Amidst landscape marked by heightened volatility, rising bond yields that rattled markets convertibles offer balanced option for capital appreciation.
