Presenting The World’s Biggest Hedge Fund You Have Never Heard Of. The world’s largest hedge fund is not located in the top floor of some shiny, floor-to-ceiling glass clad skyscraper in New York, London, Hong Kong or Shanghai. It isn’t in some sprawling mansion in Greenwich or Stamford which houses a state of the art trading desk behind a crocodile-filled…
Rare full recording of 1983 Steve Jobs speech reveals Apple had been working on iPad for 27 years 2ND OCTOBER 2012 by MATTHEW PANZARINO Back in August, I wrote an article about a talk that Steve Jobs gave in 1983 at the Center for Design Innovation. That talk covered a wide range of topics from wireless computing to the project…
Thin hedge-fund bonuses expected in wake of weak returns. By KAJA WHITEHOUSE NY POST Last Updated: 9:45 AM, September 27, 2012 Many money managers are looking at lower pay — in the form of performance fees — as tepid returns for 2012 fail to make up for last year’s steep losses. As of the end of the second quarter, only…
Over the weekend, we will receive industrial and retail data from China. Earlier this week, there was chatter that China may lower the reserve rate, which would be the third time doing so in as many months. Additional China economic data will be released Monday morning, which could very well move the market by the time traders get to their…
Updated Schedule of Events at the Republican National Convention by Fox News Insider Posted in: Republican National Convention, RNC, Tampa Given the day-long delay in the Republican National Convention because of Tropical Storm Isaac, some speeches were moved to other days. Below is the latest schedule of events for the RNC, provided to us by the Fox News Brainroom. Schedule…
10 Reasons to Be a Bull, From a Stock Market Bear Published: Friday, 15 Jun 2012 | 11:27 AM ET Text Size By: Jeff Cox CNBC.com Senior Writer Finding reasons not to like the current stock market doesn’t take much work, as the faltering U.S. economy, European debt crisis and looming fiscal cliff makes the job pretty easy. But devising…
THE WASHINGTON POST. JUNE 11, 2011 5:04PM Fed: Americans’ wealth dropped 40 percent By Ylan Q. Mui, Is the U.S. economic recovery stalling?: The Labor Department reported June 1 that the nation’s economy added only 69,000 jobs in May, bringing the unemployment rate to 8.2 percent. Here, a look at the fallout from our troubled economy and the troubles of economies…
FROM: CNBC/ REUTERS Spain Bailout May Not Be the Euro Zone’s Biggest News Published: Sunday, 10 Jun 2012 | By: Reuters German news magazine Der Spiegel reported on Saturday that leaders of European institutions are working on a comprehensive plan to rescue the euro that would include the issuance of joint Eurobonds—a move Germany has repeatedly rejected. The news magazine…
Dalio’s World Barrons: March 19,2012 Ray Dalio, fabled hedge-fund manager, says the U.S. has done a “beautiful” job delevering, but sees a 30% chance Europe will stumble badly. It’s hard to imagine anyone navigating the rough seas of the past decade more ably than Ray Dalio, master and commander of money-management firm Bridgewater Associates, which oversees $120 billion for a…
US Manufacturing Could Be Big Winner From Europe Crisis Published: Thursday, 26 Apr 2012 | 2:13 PM ET Text Size By: Jeff Cox CNBC.com Senior Writer Among all the problems the European debt crisis pose to the global economy comes one possible benefit: A much-needed lift for American manufacturers. Earnings for large companies like 3M and United Technologies glistened in…
SIMPSON BOWLES FOREVER A lethal, poisonous uncertainty hanging over U.S. markets (and world markets for that matter) is the so- called Fiscal Cliff. As of January 1, 2013, the Bush tax cuts, the temporary payroll tax cut, and long-term unemployment benefits will all expire. To make matters worse, on January 15th, because of the failure of the Joint Select Committee…
Laszlo Birinyi, Jeffrey Yale, Rubin Kevin Pleines March 2012 S&P 1,700!!! The stock market began 2012 on a strong note, stronger than most in- vestors had anticipated. We have been pleasantly surprised by the gain year-to-date. Even more so by the structure and dynamic of the rally, as well as the fundamentals and sentiment now present. As a result, we…
Lange Financial Services January 2, 2012 3:00pm To the surprise of many investors, the DOW closed 5.6% in 2011 aided by substantial strength in McDonalds and IBM as well as other defensive stocks in this popular price weighted index.The S&P 500 was down a negligible .04% for the year. This performance belies investment results achieved generally by most investors hedge…
The market has now rallied some 1600 Dow points since our “TIME TO BUY” memo of three weeks ago and the subsequent bullish memos in the last two weeks. We were also positively recommending accumulation of growth stocks during the extensive bottoming process this past summer culminating in the hedge fund panic at the end of September. Bearishness/caution remained high…