Where is money flowing today?
Be in the know. 20 key reads for Wednesday…
- Michael Burry and David Tepper snapped up Alibaba during the fourth quarter (marketwatch)
- Remote Work Is Costing Manhattan More Than $12 Billion a Year (bloomberg)
- China’s Xi Urged Stronger Measures to Boost Domestic Demand (bloomberg)
- The Most Crowded Trade Is ‘Long China Stocks,’ Says Bank of America Global Fund Manager Survey (wsj)
- Analog Devices Crushes Quarterly Targets On Strong Auto, Industrial Chip Sales (investors)
- US Retail Sales Jump by Most in Nearly Two Years in Broad Gain (bloomberg)
- ‘Big Short’ Investor Michael Burry Bets on Alibaba and JD. This Time, Wall Street Agrees. (barrons)
- Warren Buffett’s Preferred Equity Allocation Is 100%. Why the Berkshire CEO Hates Bonds. (barrons)
- Power Player Generac Beats Earnings Estimates. The Stock Is Up. (barrons)
- Bain Capital Seeks to Profit From Tech Market Reset With New $2.4 Billion Fund (wsj)
- The Recession Special That Always Satisfies (wsj)
- European Union to Ban Gas-Powered Cars by 2035 (nytimes)
- Ray Dalio Says China’s Winning Trade War With US, But a Clash Is Avoidable (bloomberg)
- New Cars Are Only for the Rich Now as Automakers Rake In Profits (bloomberg)
- China Investors counting on policies from Congress to recharge rally (bloomberg)
- Investors aren’t convinced that the stock market rally can last, Bank of America survey shows (businessinsider)
- Tepper’s Appaloosa adds Disney, Caesars stakes while boosting Salesforce position (marketwatch)
- This Is What Hedge Funds Bought And Sold In Q4: 13F Summary (zerohedge)
- Elon Musk declares cancel culture over since Twitter takeover: ‘You won’t be missed’ (foxbusiness)
- Brookfield Defaults on Two Los Angeles Office Towers (bloomberg)
February 2023 Bank of America Global Fund Manager Survey Results (Summary)
The February survey covered ~300 fund managers with ~$750 billion under management.
Continue reading “February 2023 Bank of America Global Fund Manager Survey Results (Summary)”
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Indicator of the Day (video): S&P 1500 Advance Decline Percent
Be in the know. 24 key reads for Tuesday…
- Fund manager allocation to U.S. stocks in January collapses, BofA survey finds (reuters)
- Hedge-fund legend Seth Klarman pounced on Amazon and parent companies of Google and Facebook in the fourth quarter (marketwatch)
- Investors Pour Into Chinese Stock Funds (wsj)
- Inflation Fell for the 7th Straight Month but Picture Is Mixed (barrons)
- The Big Read. Turning offices into condos: New York after the pandemic (ft)
- Coca-Cola sees signs of Powell’s ‘disinflationary process’ (Yahoo! Finance)
- Biotech Went Through Its IPO Boom. Now the Shakeout Is Underway (bloomberg)
- OJ’s Historic Price Squeeze Fades With Improving Supply Outlook (zerohedge)
- Biden Suddenly Orders Release Of Another 26 Million Barrels From Strategic Oil Reserve (zerohedge)
- BofA Survey Shows Investors Don’t Expect the Stock Rally to Last (bloomberg)
- 7 Stocks Generate An Astounding 25% Of The S&P 500’s Profit (investors)
- FT says Meta may lay off more staff soon; BofA praises ‘new efficiency mentality’ (streetinsider)
- George Soros loads up on Tesla and these other beaten-down stocks (marketwatch)
- Disney remains JPMorgan’s ‘favorite name’ for stocks in uncertain media industry (marketwatch)
- ‘A different animal’: The bear market is ‘over,’ but that doesn’t unleash bulls to send stocks on a 2023 tear, according to Wells Fargo (marketwatch)
- Fund managers and corporate executives have sharply reduced their recession expectations (marketwatch)
- ‘Unscripted’ Review: Sex, Lies and Viacom (wsj)
- Goldman’s CEO Says Business Leaders Are More Optimistic on Economy (bloomberg)
- Why Amazon, TikTok and YouTube are betting big on QVC-style livestream shopping (cnbc)
- Father of internet warns: Don’t rush investments into A.I. just because ChatGPT ‘is really cool’ (cnbc)
- Goldman Sachs CEO says odds of a ‘softer landing’ for U.S. economy have improved (cnbc)
- Vodafone rises after Liberty Global stake boosts M&A hopes (reuters)
- Fund managers rush into emerging stocks and cut cash – BofA survey (reuters)
- Amazon chief vows to ‘go big’ on physical stores (ft)