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Search resuls for: "Market Securities"


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Considering how well the US market and economy performed in 2023, it's understandable that domestic investors would be optimistic about 2024. But on the other side of the globe, trouble has been brewing in China for some time now. On the surface, the world's second-largest economy seemed reasonably healthy last year, with Chinese GDP rising 5.2% year-over-year. The problems in China continue to growOf the many risks investors face this year, geopolitics consistently ranks as the one they fear the most . "In terms of negative surprises, I'm really keeping an eye on China and the fact that they're clearly experiencing some kind of deflation," he said.
Persons: Christophe Barraud, Barraud, Bloomberg —, I'm, That's, It's Organizations: Bloomberg, Market Securities, Business Locations: China
Bloomberg ranked Barraud as the top forecaster of the US economy in 2022 and 2023 — and every year from 2012 through 2020. He was also the top forecaster of the Eurozone economy in 2022, and of China's economy from 2017 through 2020. The chief economist and strategist at Market Securities is looking to continue his hot streak of correct calls in 2024. He recently discussed with Business Insider his forecast for the US economy and how investors should approach the new year. Barraud agrees with surveys that show geopolitical tensions, particularly in the Middle East, represent the biggest threat to the global economy.
Persons: Christophe Barraud, Barraud, He's Organizations: Service, Bloomberg, Market Securities, Business, Federal, Fed, ECB
Top investors are dumping emerging market equities and buying U.S. stocks at a record pace due to concerns about a potential global crisis, according to Bank of America investment strategist Michael Hartnett. The BofA Global Fund Manager Survey showed that September saw a record jump in investor allocation to the U.S., and out of emerging market securities. The shift in asset allocation stemmed from a significant decline in China growth expectations. Bank of America's survey showed none of the respondents now expect a stronger economy in China, versus 78% when polled in February. Bank of America's survey showed investors see China real estate as the No.1 source of the next global credit event.
Persons: Michael Hartnett, Hartnett Organizations: Bank of America, Global, Survey, Bank of, People's Bank of Locations: U.S, China, Beijing, People's Bank of China
Investors in search of relative safety and attractive yields are piling into money market funds at record levels. In particular, they fled to government money market funds – which hold U.S. Treasurys – with retail assets surpassing $1.25 trillion. Here's what you should know as you browse: Three varieties In addition to government money market funds, there are also tax-exempt money market funds. She noted that there are also some state-specific money market funds, which might make sense for residents in high-tax jurisdictions. Money market funds also shouldn't be confused with money market accounts – which are interest-bearing accounts you can open at a bank.
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