August 2023 Bank of America Global Fund Manager Survey Results (Summary)
The August survey covered 211 fund managers with $545 billion under management. Continue reading “August 2023 Bank of America Global Fund Manager Survey Results (Summary)”
Be in the know. 20 key reads for Tuesday…
- Tepper increased his stake in Alibaba Group Holding Ltd, buying 4,375,000 shares for a total holding of 4,475,000 shares. (yahoo)
- Loeb’s investment company increased its Alibaba Group Holding Ltd. BABA, position by 122% to 2.95 million shares that were worth $245.9 million as of the end of the period. (marketwatch)
- Chinese stock funds attracted $4.4 billion in 8 days, fueling speculation of a state-run buying-spree (businessinsider)
- Wall Street Is Ready to Scoop Up Commercial Real Estate on the Cheap (wsj)
- PBOC Adviser Says China Urgently Needs to Boost Consumption (bloomberg)
- China Central Bank Unexpectedly Cuts Rates (bloomberg)
- China Cuts Rate by Most Since 2020 as Economic Woes Deepen (bloomberg)
- China Mulls Stamp Duty Cut to Revive Slumping Stock Market (bloomberg)
- China Halts Youth Jobs Data, Stoking Transparency Concerns (bloomberg)
- The Fed’s Interest-Rate Debate Is Shifting (bloomberg)
- ‘Magnificent 7’ Stock Meltdown Costs Investors $632 Billion (investors)
- Home Depot Tops Earnings Estimates, Launches $15 Billion Stock Buyback (barrons)
- Jim Cramer says new Trump indictment, not weak China economic data, is reason for depressed sentiment (marketwatch)
- Intel and Synopsys Expand Partnership to Help Foundry Customers Build Chips Faster (barrons)
- Chriss is currently executive vice president and general manager of Intuit’s small business and self-employed group, which generates more than half of the TurboTax parent’s revenue (PYPL). (wsj)
- Kraft Heinz Names Carlos Abrams-Rivera as Next CEO (wsj)
- Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase (cnbc)
- China on course to become the world’s No.1 car exporter by end of year (cnbc)
- New PayPal CEO Alex Chriss ‘is a good fit,’ analyst says (yahoo)
- Yeti and Newell both might be buys, says Jim Cramer (cnbc)
Tom Hayes – Quoted in Reuters article – 8/15/2023
Thanks to Medha Singh and Akash Sriram for including me in their article on Reuters today. You can find it here:
Click Here to View The Full Reuters Article
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 10 key reads for Monday…
- PayPal Picks Intuit Executive as CEO. He Needs to Stop a Stock Slump. The Stock Market Is Falling. (barrons)
- China Looks to Attract Foreign Investment as Its Economy Struggles (finance.yahoo)
- PayPal Names Intuit’s Alex Chriss CEO, Replacing Schulman (bloomberg)
- Why It’s Time to Get Happy. (barrons)
- Legendary investor Seth Klarman just got back into Amazon and bought three other stocks (marketwatch)
- A smooth ‘last mile’ to 2% inflation may not be a stretch for Fed (reuters)
- BNP Paribas Is Still ‘Overweight’ China, Hong Kong Stocks (bloomberg)
- China Ending Crackdown Brings Optimism in Tech Earnings (bloomberg)
- The UAW vs. The Big Three: Why the union’s wish list isn’t ‘going to happen’ (finance.yahoo)
- Morningstar: These 10 dividend stocks have increased their payouts every year for the past 5 years and look cheap right now (businessinsider)