Kenneth Fisher News
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China’s stocks fell, capping the biggest weekly slide this year, after the country’s first interest-rate cut since 2008 intensified concern that the economic slowdown is deepening.
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Billionaire Kenneth Fisher, who bought Chinese shares as they rallied from a 2-1/2 year low in the fourth quarter, said the stocks will beat global equities as the government takes further steps to boost growth.
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Japanese and Australian stock futures rose, with the Nikkei 225 Average poised for its first weekly gain in 10 weeks, after China cut its benchmark interest for the first time since 2008.
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Fisher Investments Inc., the firm run by Forbes magazine columnist Kenneth Fisher, may have to pay damages of $376,075 for breaching its fiduciary duty to a retired investor.
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Billionaire investor Kenneth Fisher said monetary stimulus from the Federal Reserve is unnecessary and could cause the dollar to weaken and reduce demand for riskier assets such as U.S. stocks.
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Billionaire Kenneth Fisher said a surge in investor optimism toward developing nations spurred his money-management firm to sell more than $1 billion of emerging- market exchange-traded funds last quarter.
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U.S. stocks will reach new highs in 2012 after producing minimal gains next year, said Kenneth Fisher , the billionaire chairman of Fisher Investments Inc. in Woodside, California.
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A Chicago trading firm accused Bank of America Corp., JPMorgan Chase & Co., UBS AG and Citigroup Inc. of conspiring to manipulate the London interbank offered rate.
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China has something the U.S. lacks, an airline stock that investors can buy and hold, according to Kenneth Fisher , the billionaire chairman of Fisher Investments Inc. and columnist for Forbes magazine.
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The Standard & Poor’s 500 Index may rally as much as 16 percent in the next six months because yesterday’s election will stymie legislative initiatives in Congress, billionaire investor Kenneth Fisher said.
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