Flight From Risk Drives Biotech Stocks to Worst Start Since 2016
Few stocks have been hit as hard as biotechnology. Even after Friday’s broader market rebound, Nasdaq Biotechnology Index has fallen more than 14%.
Recent
The 60/40 Portfolio Has Worst Loss Since March 2020 on Fed
Both equities and bond prices dropped sharply in January as markets priced in a faster pace of interest-rate tightening during 2022 from the Fed.
ARK Short Sellers Make $999 Million to Eclipse All Gains in 2021
Bears who bet against ARK Investment Management exchange-traded funds have made a cool $999 million in 2022 so far.
When Cathie Wood Loses, He Wins, and It Started With a Tweet
The stray tweet stood out: Why not start a fund to bet against Cathie Wood...?
Where Investors Fleeing Chinese Property Are Putting Their Money
Investors have been taking refuge from the Chinese real estate debt crisis in pockets of the broader Asian credit market and cite India opportunities.
World’s Top Gold ETF Sees Holdings Surge in Bullish Demand Sign
SPDR Gold Shares, largest bullion-backed exchange-traded fund, on Friday recorded its biggest net inflow in dollar terms since listing in 2004.
Goldman Shrugs Off Rate Hikes to Bet on Emerging Stocks
Some of the world’s biggest funds are switching toward emerging-market equities in a bet their central banks have less need to raise interest rates.
