Part of Tuesday’s stock market plunge may have stemmed from money managers giving up on getting clarity from President Donald Trump and his administration on their policies, CNBC’s Jim Cramer said as stocks settled. “We […]
J.P. Morgan Chase CEO Jamie Dimon said a permanent trade agreement between the U.S. and China will be tough to reach in just 90 days. “There’s no way you can see the complexity of these […]
However, Goldman recommends investors bet against hedge funds and overweight infotech, particularly the software and services subsector, “given their idiosyncratic growth profiles and low macro sensitivity, high profit margins, and reasonable valuations versus history.” So […]
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