DIRS.INFO The most relevant business & tech news

☆ AI investor on why Nvidia's valuation isn't crazy and his top picks in the space
▼ + stars: | 2024-03-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Zehrid Osmani, a portfolio manager at Martin Currie, a Europe-based affiliate of Franklin Templeton, is one such investor. Osmani told CNBC that he sees "potential risk of froth" in the AI trade as a whole, but not for Nvidia. "Unlike the basket of AI [stocks] that has seen multiple expansion, Nvidia has actually seen multiple contraction. Nvidia's price-to-earnings ratio, using the projections for the next 12 months, is 32.4, according to FactSet. So there will be a critical element of needing to channel more spend toward AI for a corporate," Osmani said.

Persons: Zehrid, Martin Currie, Franklin Templeton, Osmani Organizations: Nvidia, CNBC, Microsoft Locations: Europe, Great Britain, OpenAI

☆ Europe is having its worst earnings season since the onset of Covid — with little hope of a quick turnaround
▼ + stars: | 2024-03-01 | by ( Silvia Amaro | ) www.cnbc.com time to read: +4 min

As of Feb. 29 with 313 companies having reported, 50.2% posted a beat, according to a CNBC analysis of FactSet data. This was the smallest percentage of beats — thus the worst earnings season — since the first quarter of 2020 when the pandemic first hit European firms. Share buyback bonanzaSharon Bell, a senior European strategist at Goldman Sachs, told CNBC that she had noticed a new trend for European corporates during this earnings season. "What you have seen is a lot of companies announcing buybacks," she told CNBC's "Squawk Box Europe" Tuesday. "It is absolutely huge, you've never really seen this before in 20, 30 years, European companies pay dividends, they don't do buybacks," she said.

Persons: —, Edward Stanford, Philippe Ferreira, Kepler Cheuvreux, Sharon Bell, Goldman Sachs, CNBC's, you've, Bell, Ferreira Organizations: CNBC, HSBC, L'Oreal, European Central Bank, Shell, Deutsche Bank, Novo Nordisk, UBS Locations: Triomphe, France, Europe, China, Ukraine, European

☆ Russia's resilience to sanctions shows it is 'costly and unattainable' to isolate a large and globally integrated economy, economist says
▼ + stars: | 2024-02-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

"The primary lesson is that seeking complete isolation of a large, complex and globally-integrated economy is costly and unattainable," Elina Ribakova wrote in the Financial Times on Tuesday. Russia's economy has managed to keep humming because Russian President Vladimir Putin has been preparing for sanctions since 2014. Failures in Russia, lessons for the futureEven so, the West can glean valuable lessons from its experience sanctioning an economy as large as Russia, said Ribakova. Advertisement"In the case of China, the US would need to look for vulnerabilities while remaining realistic about the limitations of sanctions," wrote Ribakova in FT.She added there must be steeper penalties for those who evade sanctions. "The experience with Russia is an invaluable opportunity to sharpen sanctions as a foreign policy tool," she wrote Ribakova.

Persons: —, Elina Ribakova, Vladimir Putin, Ribakova Organizations: Service, Financial Times, Business, Monetary Fund, Peterson Institute for International Economics, International Affairs Program, Kyiv School of Economics, Russia Locations: Ukraine, Russia, Moscow, Beijing, China, Taiwan

☆ These 5 fundamentally sound AI stocks are best-positioned for the next 5-10 years with the industry still in its early stages, according to a portfolio manager at a $20 billion firm
▼ + stars: | 2024-02-27 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

But don't confuse Osmani's overall optimism on the AI space for blanket bullishness on AI-adjacent stocks. Many AI stocks, in fact, are detached from fundamentals and are risky, he told Business Insider on Monday. As evidence of this, he cited the performance of a basket of 50 AI stocks his firm monitors. "We like companies that can monetize AI already, which, in effect, these companies are recipients of the sizable spend going on in AI — spend from the hyperscalers, spend from the corporates," he said. Below are five AI stocks that Osmani is betting on for the years to come.

Persons: Zehrid, Martin Currie, Osmani, —, he's bullish Organizations: Business, Microsoft, Google, OpenAI, Design Systems Locations: Scotland

☆ Tesla placed a $16K bakery order for Black History Month — then suddenly canceled it, the bakers say, costing them thousands
▼ + stars: | 2024-02-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewA San Jose bakery has slammed Tesla after a company employee placed a massive pie order for Black History Month, only to cancel it after the Black-owned business scrambled to meet the request, according to multiple reports. Voahangy Rasetarinera, the owner of The Giving Pies, wrote on Instagram that Tesla "hurt my small Black women-owned business" through the last-minute cancellation. According to Rasetarinera's account, on February 14 a Tesla company representative called her and asked for 2,000 mini pies to be delivered by the following week. But that evening, the representative called back and doubled the order — setting the bakery rushing to ensure it could meet the demand, Rasetarinera wrote. Rasetarinera said in a February 2 post celebrating Black History Month that she is of Madagascan heritage.

Persons: —, Tesla, Voahangy Rasetarinera, Rasetarinera, it's, she's Organizations: Service, Business, Tesla, NBC Bay, ABC7, Apple, Adobe Locations: Jose

☆ Wall Street will try to maintain AI-fueled momentum in the final week of February, as inflation concerns linger
▼ + stars: | 2024-02-23 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.

Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan

☆ Morgan Stanley shares a 5-part playbook for investing in well-run companies while minimizing risk in a top-heavy market
▼ + stars: | 2024-02-22 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Why rich companies also keep getting richerThere's another major disconnect that the broader market's impressive performance is masking, strategists at Morgan Stanley remarked in a recent note. Since then, the return gap has gotten even worse in a historically narrow market, Wilson wrote. Morgan Stanley"The equity market understands this economy is not that great for the average company or consumer," Wilson wrote. This rare combination of expansionary fiscal policy and restrictive monetary policy has had the unintended consequence of "crowding out the private economy," Wilson wrote. Companies that can grow without borrowing money at unattractive rates are at a huge advantage, which Morgan Stanley believes has fueled their immense success lately.

Persons: Goldman Sachs, Morgan Stanley, Mike Wilson, Wilson, Morgan, it's, Morgan Stanley Morgan Stanley, Morgan Stanley's Organizations: Federal Reserve, Business, Pew Research Center Locations: GoDaddy

☆ These 3 names that are about to report quarterly results have strong earnings momentum
▼ + stars: | 2024-02-20 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

About 80% of S & P 500 constituents have already reported, with more than three-quarters of these names beating earnings estimates, according to FactSet. The 14 analysts covering the stock rate it either a buy or a strong buy, with their average price target of $613.86 implying about 12% upside ahead, per LSEG. Average earnings estimates on the power company have ticked up roughly 8% over the past three months, while shares have added about 12% in 2024. Seven of the 13 analysts covering the stock rate it a buy or a strong buy, but their average price target of $124.64 suggests downside of nearly 5%, per LSEG. Mizuho Securities is neutral on the stock, recently raising its price target to $132 from $116.

Persons: Goldman Sachs, David Kostin, Raymond James, Srini Pajjuri, Anthony Crowdell Organizations: CNBC, Nvidia, Constellation Energy, Mizuho Securities, Constellation Locations: Mizuho

☆ Nvidia earnings, Fed minutes on deck next week as Wall Street assesses interest rate outlook
▼ + stars: | 2024-02-16 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

The Dow Jones Industrial Average, S & P 500 and the Nasdaq Composite each snapped a five-week advance. On average, market strategists on Wall Street anticipate the S & P 500 will end the year at 4,936, according to a CNBC survey . The equal-weighted S & P 500 index is up just 1.7% in 2024, trailing far behind the market-cap weighted benchmark. Initial Claims (02/17) 9:45 a.m. PMI Composite preliminary (February) 9:45 a.m. S & P PMI Manufacturing preliminary (February) 9:45 a.m. S & P PMI Services preliminary (February) 10 a.m. Existing Homes Sales (January) Earnings: Booking Holdings , Live Nation Entertainment , Intuit , Edison International , Dominion Energy , Moderna , PG & E , Keurig Dr. Pepper Friday, February 23, 2024 Earnings: Warner Bros.

Persons: chipmaker, Ayako Yoshioka, Yoshioka, Jerome Powell, Josh Emanuel, everybody's, Emanuel, Russell, They're, Chris Chen, Chen, Dr, Pepper, Nick Wells, Kif Leswing Organizations: Nvidia, CNBC, Dow Jones, Nasdaq, Federal Reserve, Investor, Treasury, Wilshire Associates, American Association of, Insight Financial, Walmart, Home, Alto Networks, Diamondback Energy, Caesars Entertainment, Marathon, Devices, Chicago, PMI, Holdings, Nation Entertainment, Intuit, Edison International, Dominion Energy, Moderna, Warner Bros Locations: U.S, Santa Monica, Calif

☆ Why Singapore is quickly becoming the choice location for firms to support global carbon markets
▼ + stars: | 2024-02-15 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Carbon credits continue to play an important role in the global transition towards net zero. As an innovative financing mechanism, carbon credits allow corporates to mobilize capital to support emission-reduction projects. The decision to anchor CAD Trust in Singapore stems from acknowledging that transparency and governance are rooted in its DNA. Why Singapore is a prime location for firms to support global carbon marketsSingapore has successfully attracted more than 100 carbon market and services players to establish the city-state as their home base in Southeast Asia. Singapore's expertise in carbon services and its trailblazing move implementing Southeast Asia's first carbon tax in 2019, also appealed to Calyx Global.

Persons: — Dinesh Babu, Grace Fu, Duncan van Bergen, Van Bergen, — Duncan van Bergen Organizations: Reuters, Singapore, for Nature, National University of Singapore, Data Trust, Government of, Emissions Trading Association, Singapore's, Sustainability, Meta, Trust, Insider Studios, Singapore Economic Development Board Locations: Dubai, Singapore, Government of Singapore, South Asia, Southeast Asia, Oceania, Africa, Paris, Bhutan, COP28, Asia

☆ Masayoshi Son made $72 billion betting on Jack Ma's Alibaba. Now he wants to do it again with AI.
▼ + stars: | 2024-02-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewMasayoshi Son owes much of his success to an incredibly prescient dot-com era bet on Alibaba. The SoftBank chief first invested $20 million in Jack Ma's ecommerce upstart in 2000, when it was just a year old. That faith was handsomely rewarded, with SoftBank realizing an incredible $72 billion gain on its investments in Alibaba over the course of 23 years. Arm and the Vision Funds collectively represent 70% of SoftBank’s net asset value, a key performance indicator that reflects the total value of its holdings. Arm, SoftBank's latest golden child, is on course to deliver, but there is still much work to be done to get the Vision Funds back on track.

Persons: —, Jack Ma's ecommerce, Ma, Son, Masayoshi Son's, Jack Ma, Alibaba, ChatGPT, Yoshimitsu Goto, SoftBank, Uber, Sam Altman, he'll Organizations: Service, Business, Future Publishing, Vision, Apple, Google, Nvidia, Samsung, Nasdaq, Funds Locations: Alibaba, China, British, London

☆ Weil: Distress Index shows profit issues as main driver of distress
▼ + stars: | 2024-02-05 | 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 EmailWeil: Distress Index shows profit issues as main driver of distressAndrew Wilkinson, senior European restructuring partner at Weil, Gotshal & Manges, discusses the Weil Distress Index of European corporates.

Persons: Andrew Wilkinson, Weil Organizations: Weil Locations: European

☆ Family offices are booming. Here's where they're putting their money now — and in the next 5 years
▼ + stars: | 2024-02-02 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

Family offices have boomed in the last few years, thanks in part to the growing number of wealthy individuals. Family offices typically cater to investors with $100 million or more in net worth. Themes for the coming years What type of assets are family offices looking to buy in the next few years? Other themes that family offices are bullish on include health care and longevity, the energy transition and generative artificial intelligence, said Citi's Hofmann. Alternative assets are also becoming more popular with family offices, such as private equity, private debt and infrastructure, according to the providers.

Persons: There's, Hannes Hofmann, Citi's, That's, Robin Harris, Harris, Citi's Hofmann, Ocorian's Harris Organizations: Oxfam, Economist Intelligence, KPMG, UBS, CNBC, CNBC Pro, Citi, Tech, Equity, U.S . Federal Reserve Locations: United States, Asia, India, Europe, America, U.S, Ocorian, Japan, Middle East, Africa, Pacific, North America, —

☆ 'The Davos underground': A final take on the secretive parties of the world's rich and powerful
▼ + stars: | 2024-01-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +23 min

"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.

Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, —, Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss

☆ For Japanese automakers, hybrid EVs could ultimately enable switch to battery EVs: Fitch Ratings
▼ + stars: | 2024-01-30 | 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 EmailFor Japanese automakers, hybrid EVs could ultimately enable switch to battery EVs: Fitch RatingsSatoru Aoyama, senior director of Asia-Pacific corporates at Fitch Ratings, says "in Asia, the EV transition is not the binary between ICE and battery EVs."

Persons: Fitch, Satoru Aoyama Organizations: Fitch, ICE Locations: Asia, Pacific

☆ Ceezer just raised $11 million to bring transparency to carbon credits. Check out 12-slide pitch deck it used to secure the funds.
▼ + stars: | 2024-01-25 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

Read previewGerman startup Ceezer, which helps companies plan, buy, and manage their carbon credit portfolio, has just raised 10.3 million euros, around $11.2 million, in Series A funding. Carbon credit marketplaces and accounting tools boomed in 2021 as large companies rushed to understand and offset their emissions. They were all vying for a slice of the projected $250 billion voluntary carbon market by 2050 , where private companies buy and sell carbon credits. Carbon credits are typically bought after achieving their stated impact, but this requires project developers to have cash upfront to get started, Drewelies said. AdvertisementThe fresh funding, led by HV Capital, will be used to launch new financial products so that project developers can unlock pre-financing.

Persons: —, Magnus Drewelies, Drewelies, Ceezer Organizations: Service, Business, Siemens, HV Capital, Norrsken, Picus, Partners Locations: Berlin, New York

☆ How BlackRock’s Rick Rieder generates outperformance and attractive yield for his Flexible Income ETF
▼ + stars: | 2024-01-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

In a sea of income-generating exchange-traded funds, BlackRock 's actively managed Flexible Income ETF (BINC) seeks to stand out with a multisector approach that balances high quality and high yield. "The way we built this portfolio is marrying high yield, investment-grade credit, agency mortgages and securitized [products]," Rieder said in an interview. Rieder said he's investing more in European high yield these days because of the strong U.S. dollar. "That is really attractive — and European high yield is cheaper than U.S.," he said. In U.S. high yield, single-B-rated debt is the most attractive, the investor said.

Persons: Rick Rieder, Rieder, BINC, it's, they're, We're, Indonesia — Organizations: BlackRock, SEC, Morningstar, Federal, Agency Locations: U.S, European, Mexico, Brazil, Indonesia

☆ Here’s how to squeeze a little more juice out of these tax-advantaged yields
▼ + stars: | 2024-01-23 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Indeed, investors get paid for taking a small step down in credit quality in the muni bond space. What's even sweeter is that municipal bond income is generally exempt from federal income tax. This also means high income investors would have to scoop up a higher yielding corporate bond to get the same tax-advantaged yield a muni bond would generate. A measured amount of risk Munis offer lower yields compared to their corporate counterparts, but they also carry significantly less risk. Lower risk, however, doesn't necessarily mean risk free.

Persons: Jennifer Johnston, Franklin Templeton, Lyle Fitterer, munis, corporates, Cooper Howard, Jonathan Mondillo, Franklin Templeton's Johnston Organizations: Federal Reserve, Franklin, AAA, muni, Strategic Municipal Bond Fund, York Life Investments, Moody's Investors Service, Charitable, Schwab Center, Financial Research Locations: muni, Abrdn

☆ Wall Street is bullish on mortgage-backed securities for their juicy yields and attractive fundamentals
▼ + stars: | 2024-01-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

For investors looking for high-quality income with the potential for significant total return, agency mortgage-backed securities (MBS) may be the answer. Fitting MBS into your portfolio In fact, Atluri believes agency MBS are more attractive than investment-grade corporate right now. In addition, agency mortgage-backed securities also trade defensively if the economic outlook were to worsen, he added. About 25% of core bond fund holdings are in mortgage-backed securities, according to Morningstar. "Mortgage-backed securities didn't do as well [as investment grade] last year," said Wei Li, BlackRock's global chief investment strategist.

Persons: Fannie Mae, Freddie Mac, Ginnie Mae, Jason Smith, Neuberger Berman, Smith, Michael Kessler, Kessler, Pramod, Atluri, Morningstar, Wei Li, Albion's Kessler Organizations: Agency MBS, U.S ., MBS, Mortgage News, Albion Financial Group, Federal Reserve, Capital Group, Fund of America, BlackRock

☆ Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty
▼ + stars: | 2024-01-20 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Oxfam International published its inequality report, finding it could take 230 years to end poverty. AdvertisementIt will take multiple centuries to end poverty at the rate we're going, according to a recently published report. Oxfam International published its inequality report this month, detailing a slew of grim predictions about the ever-widening wealth gap. Advertisement"To end extreme inequality, governments must radically redistribute the power of billionaires and corporations back to ordinary people," the report's authors concluded. AdvertisementThe participation of global governments in the initiative to decrease wealth inequality will determine whether the world lapses into a future of "billionaire supremacy" or public power, the Oxfam report concluded.

Persons: —, Rebecca Riddell, Nabil Ahmed, Alex Maitland, Max Lawson, Anjela, Oded Galor, Galor Organizations: Oxfam International, Service, Oxfam

☆ Japan wants higher returns for investors — here's what it's doing
▼ + stars: | 2024-01-12 | by ( Clement Tan | ) www.cnbc.com time to read: +5 min

3D render Da-kuk | E+ | Getty ImagesJapan is stepping up efforts to ensure its listed companies become more efficient with capital allocation and increase shareholder returns this year. "It's not just the Tokyo stock exchange, but the entire Japan government is pushing for better corporate governance right now," said Toru Yoshikawa, a business professor at Waseda University in Tokyo. watch nowWith this move, the onus also falls on Japan's government to ensure steady and reliable returns from Japan's companies. Corporate governance pushMonday's disclosures will be based on information as of December and the releases will be a monthly affair. "If rival companies are doing great improvements in corporate governance, others will tend to follow that move."

Persons: It's, Toru Yoshikawa, Fumio, Yoshikawa, Warren Buffet, Yunosuke Ikeda, Goldman Organizations: Getty, Japan, TSE, Waseda University, The Tokyo Stock Exchange, kickstarted, Japan Inc, Nippon, Savings, Corporate, Tokyo Stock Exchange, CNBC, Toyota, Goldman Sachs Locations: Japan, Tokyo, Denso, Goldman Sachs Japan

Here are 6 signals investment bankers are watching as they pray for an M&A rebound in 2024. By contrast, activity from private equity firms "was off almost 40%," he said. In 2021, private equity firms transacted $1.5 trillion across 2,869 deals, according to Dealogic. Last year, private equity M&A made up 40% of total activity, according to Goldman Sachs. AI companies, many of which are only now being formed, need to mature, and the winners and losers need to come into focus, bankers said.

Persons: Wall, LSEG, Goldman Sachs, Vito Sperduto, Sperduto, we've, Stephan Feldgoise, Hess, Anthony J, Carfang, Cash, Goldman, Goldman's Feldgoise, Feldgoise, Mark Sorrell, I'm, Harold M, Lambert, Jerome Powell, Greg McBride, McBride, Jonathan Gray, dealmaking, Gray, Rob Chisholm, Chisholm Organizations: Fed, London Stock Exchange, Business, RBC Capital Markets, Conference Board, Conference, Federal, Goldman, Federal Reserve, Private, Bankers, DOJ, FTC, Federal Reserve Board, Bankrate, of Labor Statistics, Cisco, LSEG, Qatalyst Partners, Citi, & $ Locations: LSEG, Ukraine

☆ Bond yields will come down from their fever pitch in 2024. How to prepare your portfolio
▼ + stars: | 2023-12-05 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Expect to work a little harder for those fixed income returns in the new year. As a result, it may be time to start unwinding those big cash positions and adopt a longer-term mentality for fixed income investments. A runup in bond yields is accompanied by a decline in prices, and the two move inversely to one another. The sector "remains well positioned to maintain its high credit quality, driven by solid state credit quality and strong state financial support, despite soft enrollment trends," analyst Kathleen McNamara wrote last week. Consider dollar cost averaging into those longer-dated positions, incrementally building up exposure to intermediate duration bonds.

Persons: Jerome Powell, it's, Kathy Jones, Shannon Saccocia, Jones, Nicholos Venditti, Kathleen McNamara, Schwab's Jones, Barry McAlinden, Michael Bloom Organizations: Schwab Center, Financial Research, Bond, SEC, Muni Bond ETF, Allspring Global Investments, UBS

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 28, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - The EU is falling behind Britain in tapping into savers' money to boost the stock market, despite reforms in continental Europe being a step in the right direction, an official with Germany's bourse told Reuters. For Maassen there is an opportunity in Europe to rival US capital markets. Maassen urged policymakers to speed up the implementation of the Capital Markets Union, a longstanding project to create a single market for capital beyond national borders. Earlier this month, European Central Bank President Christine Lagarde called for a capital markets union, with a single supervisor and trading infrastructure, to finance its digitalisation and green transition.

Persons: Stefan Maassen, Jeremy Hunt, Hunt, ThyssenKrupp, Maassen, Germany's, Christine Lagarde, Lagarde, Pablo Mayo Cerqueiro, Anousha Sakoui, Christina Fincher Organizations: REUTERS, Staff, Germany's bourse, Reuters, Capital Markets, Deutsche, Frankfurt Stock Exchange, Schott Pharma, OLB Bank, DKV, New York Stock Exchange, EU, Capital Markets Union, European Union, European Central Bank, ., Thomson Locations: Frankfurt, Germany, EU, Europe, we're, U.S

REUTERS/Mike Segar/File Photo Acquire Licensing RightsBEIJING, Nov 23 (Reuters) - Apple (AAPL.O) saw a decline in the number of smartphones sold during China's recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. The number of Apple smartphones sold declined 4% year-on-year during the two-week sales from Oct. 30 to Nov. 12, the research consultancy said on Thursday. In comparison, the number of units sold by Huawei (HWT.UL) and Xiaomi (1810.HK) grew 66% and 28% respectively year-on-year over the same period. The increases for Huawei and Xiaomi helped fuel a 5% year-over-year rise in the overall number of Chinese smartphones sold during the promotion period, it said. ($1 = 7.2111 Chinese yuan renminbi)Reporting by Yelin Mo and Brenda Goh; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, China's, JD.com, Xiaomi, Lei Jun, Ivan Lam, Yelin Mo, Brenda Goh, Miral Organizations: Apple Inc, Apple, REUTERS, Rights, Counterpoint Research, Huawei, HK, IDC, Thomson Locations: Manhattan , New York, U.S, Rights BEIJING, China, United States

Search resuls for: "corporates"

25 mentions found