How exploding investor euphoria and leveraged ETFs turned one stock-market bull cautious
A Barclays strategist explains why it’s time to turn cautious on U.S. stocks, and what it will take for him to turn bullish again.
A Barclays strategist explains why it’s time to turn cautious on U.S. stocks, and what it will take for him to turn bullish again.
MTN Group Ltd. is finalizing the spinoffs of its Nigerian and Ugandan financial-technology operations as part of a reorganization of its mobile-money unit to allow Mastercard Inc. and other strategic buyers to take minority stakes in its fintech businesses.
Beijing’s $295 billion data center rollout will need to be supported by continued spending on electricity generation and networks.
US equity futures edge lower ahead of the CPI data. The US strikes Iran in retaliation after shooting down an American Apache helicopter near the Strait of Hormuz, putting a potential peace deal at risk. Ken Cancel, Churchill Asset Management CEO, and Anuj Ranjan, Brookfield Private Equity CEO, join Bloomberg’s Dani Burger at SuperReturn in Berlin. Andrew Hollenhorst of Citi looks ahead to the inflation print and the Fed’s rate path. (Source: Bloomberg)
Bitcoin’s latest retreat has been so severe, it has pushed more than half its circulating supply into loss-making territory.
“Although she is quite frugal, she has not been particularly diligent with investing.”