In a ‘grabby market,’ start looking at cash and gold, says DoubleLine’s Gundlach
““I think [investors] are grabbing at assets on a limited basis.”” — Jeffrey Gundlach, DoubleLine Capital founder Billionaire hedge-fund manager Jeffrey Gundlach said he’d consider...
Zombie firm bankruptcies amid Fed interest rate hikes
In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years...
The Trillion-Dollar Question for Bond Investors: When Will the Fed Stop Raising Rates?
High bond yields, deemed a “generational opportunity” by BlackRock, haven’t attracted anticipated investments amid ongoing market losses. Investors, wary of persistent rate hikes and the...
U.S. corporate greed has gone too far, says Norway fund manager
“‘We think in particular in the U.S. the corporate greed has just gone too far.’” That’s the head of Norway’s $1.3 trillion sovereign wealth fund,...
BlackRock Profit Falls 23%: WSJ
The money-management firm’s assets under management increased to $8.6 trillion after three quarters of declines. [ad_2] Source link...
Investors Yank Money From Commercial-Property Funds, Pressuring Real-Estate Values
Real Estate Commercial Real Estate Blackstone and Starwood funds limit withdrawals following surge of redemption requests [ad_2] Source link...
Tech layoffs approach Great Recession levels: ‘It was not sustainable or real’
The number of tech layoffs this year is nearing annual levels seen during the Great Recession, but is far from dot-com-bust territory. As technology companies...
Hedge fund giant Elliott warns looming hyperinflation could lead to ‘global societal collapse’
“Investors should not assume they have ‘seen everything’” That was from executives at leading hedge fund Elliott Management, who warned that the world is heading...
Dashed hopes for a Fed pivot are morphing into a sense of dread in financial markets
Optimism that the Federal Reserve might back off of its aggressive interest-rate hikes is giving way to something else within financial markets: a feeling that...
Investors Turn Cautious on Consumer Debt
Investors are growing more skittish about bonds backed by consumer debt, worried that inflation and slowing growth will increase the number of low-income borrowers falling...