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Adani Group Saga: India's market put to the test
  + stars: | 2023-01-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdani Group Saga: India's market put to the testMarko Papic, chief strategist at Clocktower Group, joins 'Squawk Box' to discuss the takeaways from accusations against Asia's richest person, Gautam Adani, and what it means for the Indian market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina stocks could be the best global performers over the next six months, says Clocktower's Marko PapicMarko Papic, Clocktower Group partner, joins 'The Exchange' to discuss how China's economic data will impact the global economy as well as Chinese stocks.
BUENOS AIRES, Argentina — Hebe de Bonafini, who became a human rights campaigner when her two sons were arrested and disappeared under Argentina’s military dictatorship, died Sunday, her family and authorities reported. She became president two years later and led the more radical of two factions of the organization until her death. Both had been members of leftist militant groups, one of them armed, de Bonafini later said. But they began gathering every Thursday, walking counterclockwise around a clocktower in the center of the plaza. Her defense of Kirchner and his wife and successor, Cristina Fernández, sometimes led to friction with other human rights groups who had criticized some of the leftist administration’s policies.
Brightside works with employers to provide financial wellness benefits to employees. Brightside, which sells its financial wellness platform to businesses for use as an employee benefit, is currently based in Arizona and only serves US businesses. The latest round brings Brightside's total funding to $75 million, after a $35.1 million in Series A funding round in June 2020. Financial wellness became a big topic for employees as companies aim to provide more benefits to entice them to stay. And roboinvestment company Betterment hinted at looking to acquire financial wellness companies as it seeks to expand beyond investment.
If inflation has peaked, then U.S. stocks have bottomed, according to strategists at Clocktower Group —and that's exactly what they think has happened. They then looked at the average S & P 500 return following peaks in the CPI since 1934, and found that the broad-market index rises. Economists also predict core CPI, which excludes volatile food and energy prices, to gain 0.5% month over month. Inflation figures came in hotter than expected for September , with CPI rising 0.4% month over month —more than the 0.3% Dow Jones estimate. While Clocktower strategists believe the bottom is in, they are urging caution right now.
Papic: There is an opening for being long in Chinese tech stocks
  + stars: | 2022-11-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPapic: There is an opening for being long in Chinese tech stocksMarko Papic, Chief Strategist at Clocktower Group, joins Worldwide Exchange to discuss the recent bounce in Chinese tech stocks.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese premier may be a surprise to the upside for China stocks, says Clocktower Group's Marko PapicMarko Papic, Clocktower Group partner, joins 'The Exchange' to discuss President Xi, U.S.-Chinese relations and China stocks.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDownside potential should not dissuade buyers from further investment, says UBS's Alli McCartneyAlli McCartney from UBS and Marko Papic from Clocktower Group join 'Closing Bell' to discuss three factors needed to sustain a bear market rally, equity risk premiums going down due to high interest rates and forward predictions for oil markets.
REUTERS/Aly SongSHANGHAI, Sept 23 (Reuters) - Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating Sino-U.S. tech war, and a global rout in tech shares. Two of the ETFs will invest money into the stocks of the 50 biggest chipmakers listed on Shanghai's STAR Market, including Semiconductor Manufacturing International Corporation (SMIC) (0981.HK) and Montage Technology Co (688008.SS). read moreIt also comes amid heightened geopolitical tensions and tech rivalries between China and the United States. The Biden administration took fresh steps in recent weeks to support domestic tech sectors and cut economic reliance on China, sending shares in Chinese biotech and new energy lower. Shanghai's tech-focused STAR Market - which Beijing hopes will fund China's tech self-sufficiency - has tumbled roughly 30% this year.
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