Quincy Krosby News
-
Emerging-market stocks tumbled to a nine-month low, led by declines in the Philippines and China, as the World Bank cut its global growth forecast. Mexico’s peso rose the most since 2011 on better-than-forecast U.S. data.
-
Emerging-market economies face inflation risk as policymakers around the globe cut interest rates to stimulate growth, said Quincy Krosby, chief market strategist at Prudential Financial Inc.’s annuities business.
-
Stocks jumped, sending the Standard & Poor’s 500 Index to a record, as China’s imports grew, Japan reiterated its stimulus plans and investors speculated earnings will beat estimates. Treasuries fell after minutes showed the Federal Reserve debated the end of its bond purchases.
-
Central banks bought the most gold since 1964 last year just before the collapse in prices into a bear market underscored investors’ weakening faith in the world’s traditional store of value.
-
Hedge funds reduced bets on a commodity rally by the most since 2008 as rising supplies of everything from copper to sugar and slowing U.S. growth drove prices to the biggest slump in six months.
-
U.S. stocks fell, sending the Dow Jones Industrial Average lower for the first time in 11 days, as a report showed consumer confidence unexpectedly fell in March.
-
U.S. stocks fell, sending the benchmark Standard & Poor’s 500 Index lower for a second straight day, after President Barack Obama held his ground about raising tax rates for the highest-income Americans.
-
Consumer discretionary stocks may lag behind the market after five consecutive years of outperformance, even amid resilient spending by Americans, as investors look to industrial and other companies for gains this year.
-
U.S. stocks fell, giving benchmark indexes their biggest declines since June, as Microsoft Corp. and General Electric Co. results missed estimates and euro-area leaders failed to discuss aid for Spain at a summit.
-
Hedge funds cut bullish commodity wagers to the lowest since June before prices rallied to a two- month high on signs of a rebound in Chinese economic growth.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page