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☆ Activist investor Cevian takes axe to Thyssenkrupp stake
▼ + stars: | 2022-11-22 | by ( Christoph Steitz | Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

SummarySummary Companies Cevian cuts stake by more than 5.6%Thyssenkrupp turnaround failed to boost share priceCevian first disclosed stake in 2013FRANKFURT, Nov 22 (Reuters) - Activist fund Cevian has cut its stake in Thyssenkrupp (TKAG.DE) to less than 1%, it said on Tuesday, effectively ending its loss-making engagement with the German industrial group after years of restructuring that failed to boost its share price. Cevian, which first disclosed a stake in Thyssenkrupp in 2013, had nearly halved its stake to 7.9% a year ago after a far-reaching overhaul it had long demanded arrived too late. Shares in Thyssenkrupp fell 4.7% lower on the news, making them the second-biggest decliners in Germany's mid-cap index and valuing the stake Cevian has sold at more than 180 million euros ($185 million). Refinitiv news service IFR earlier reported that Cevian sold shares at 5.15-5.40 euros apiece in a process run by UBS, indicating the fund took a loss, given Thyssenkrupp stock traded around 17-19 euros when the fund disclosed holdings. The share sale also highlights Cevian's sobering track record in Germany, which includes a 26.67% stake in Bilfinger (GBFG.DE) that has fallen in value since the fund first disclosed a stake in 2011.

Insider's experts choose the best products and services to help make smart decisions with your money (here’s how). Financial planner Adrianne Yamaki, who only works with millionaires, has advice for a recession. She recommends increasing your cash reserves now; you'll want cash to invest when stocks are cheap. To help figure out how anyone can continue to recession-proof their finances as the year comes to an end, financial planner Adrianne Yamaki, who only works with millionaire, shared the tips she gives her clients. Yamaki says that having that mindset can help you rebalance and diversify your investments during a potential recession.

☆ U.S. producer prices slow in October in boost to inflation outlook
▼ + stars: | 2022-11-15 | by ( Lucia Mutikani | ) www.reuters.com time to read: +4 min

Goods prices rose 0.3% in September. Gasoline jumped 5.7%, making up 60% of the rise in goods prices. Food prices rose 0.5%, lifted by fresh and dry vegetables as well as chicken eggs. Excluding the volatile food, energy and trade services components, producer prices rose 0.2% in October. In the 12 months through October, the core PPI rose 5.4% after increasing 5.6% in September.

☆ A surplus of fintechs focused on wealth management has financial advisors scrambling to stitch them together
▼ + stars: | 2022-11-11 | by ( Asia Martin | ) www.businessinsider.com time to read: +7 min

RIAs are solving the problem of limited tech integration by creating their own overlay tools. An abundance of wealth management-focused fintechs to choose from combined with a lack of integration between systems has led some advisory firms scrambling to piece them all together. In turn, the company decided to make that a value proposition by taking customers' data and entering it into a database for them. Once those customers created a Redshift data warehouse, they then could connect with Orion's warehouse and pull their data from there. Orion met with AWS' strategic-partnerships team and walked them through their use cases of applying Redshift technology.

☆ Wall Street ends sharply higher on sign of cooling inflation
▼ + stars: | 2022-11-10 | by ( Noel Randewich | ) www.reuters.com time to read: +4 min

One-time Wall Street darlings tarnished in 2022's bear market were among Thursday's strongest performers, with Nvidia (NVDA.O) jumping about 14%, Meta Platforms (META.O) climbing 10% and Alphabet (GOOGL.O) rising 7.6%. Growing recession worries have hammered Wall Street this year. The S&P 500 (.SPX) remains down about 17% year to date, and it is on course for its biggest annual decline since 2008. S&P 500's busiest tradesThe S&P 500 climbed 5.54% to end the session at 3,956.31 points. All 11 S&P 500 sector indexes rallied, led by information technology (.SPLRCT), up 8.33%, followed by a 7.74% gain in real estate (.SPLRCR).

☆ Meet the 11 execs leading Bridgewater into a new era after Ray Dalio relinquished control of the hedge fund
▼ + stars: | 2022-11-04 | by ( Alyson Velati | ) www.businessinsider.com time to read: +14 min

Bridgewater AssociatesAs cochief investment officer, Jensen oversees Bridgewater's investment strategies and research efforts as well as its investment talent. Karen Karniol-Tambour, cochief investment officer for sustainabilityKaren Karniol-Tambour, Bridgewater's cochief investment officer for sustainability. Rebecca Patterson, chief investment strategistBridgewater's chief investment strategist, Rebecca Patterson. In 2012, she joined as the chief investment officer of Bessemer Trust, managing $85 billion in client assets. The partnership elected three directors to Bridgewater's operating board of directors, which now has control over Bridgewater after Dalio relinquished control of the hedge fund.

☆ Exclusive: How operating system startup OpenFin landed an investment from the CIA's VC firm and expanded from serving Goldman Sachs to the government sector
▼ + stars: | 2022-11-01 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

OpenFin offers an operating system where users can easily interact with apps all on one screen. The startup received $10 million from ING Ventures and an undisclosed investment from In-Q-Tel. OpenFin, a startup that offers a user-friendly operating system, has announced a $10 million investment from corporate VC firm ING Ventures and an undisclosed investment from In-Q-Tel, a VC firm serving the CIA and broader US intelligence community. OpenFin also allows users to easily reorganize their screen to ensure they have access to the most relevant information at any time. In addition to using third party apps on OpenFin, users can also build their own apps on the platform and integrate them with other tools.

☆ Stocks may have rallied, but the bear market isn't over just yet. Here are the 5 stock market sectors where investors can still find profits amidst a global growth slowdown, says the CIO of a $13.5 bi
▼ + stars: | 2022-10-30 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

Despite a recent rally, RBA's Dan Suzuki says the bear market is far from over. In former market bottoms, investors who waited profited more than those who bought early, he said. Suzuki shared 5 sectors to invest in to position against slowing growth while still making returns. "There's always a chance that the bear market is over, but it seems unlikely in my view," he told Insider recently over email. But investors would be better served if they considered a more holistic view, Suzuki explained on the October 24 segment of CNBC's "Closing Bell."

☆ An extremely reliable recession indicator just signaled that a downturn is coming. The top portfolio manager at a $232 billion firm breaks down what that means for stocks and investors — and shares 2
▼ + stars: | 2022-10-23 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Yields on 3-month Treasury bills and 10-year Treasury notes inverted last week. Peter Essele believes stocks will behave differently this time around, however. When people talk about an inverted yield curve as a recession harbinger, they're usually referring to the yield spread between 2-year and 10-year Treasury notes. But the inversion of yields on the 3-month bill and the 10-year note is a rarer occurrence, and therefore a better recession indicator, according to some economists. While 2-year yields rose higher that 10-year yields this past spring, yields on the 3-month note surpassed 10-year yields just this week.

☆ Wall Street ends lower as Fed worries outweigh earnings
▼ + stars: | 2022-10-20 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

The New York Stock Exchange building is seen from Broad Street in Lower Manhattan in New York, January 20, 2016. But stocks were unable to hold their gains as strong weekly jobless claims and comments from Federal Reserve Bank of Philadelphia President Patrick Harker bolstered concerns about the Fed hiking rates and potentially tilting the economy into a recession. Better-than-expected results thus far has pushed earnings growth expectations for third-quarter for S&P 500 companies to 3.1% from a 2.8% increase earlier in the week, but still well below the 11.1% increase that was forecast at the start of July. Other data showed sales of existing homes fell for an eight straight month, while another reading showed factory activity in the Federal Reserve Bank of Philadelphia's district contracted again in October. The S&P 500 posted 3 new 52-week highs and 28 new lows; the Nasdaq Composite recorded 53 new highs and 239 new lows.

☆ Profitability drives return, says Dimensional's Mary Phillips
▼ + stars: | 2022-10-13 | 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 EmailProfitability drives return, says Dimensional's Mary PhillipsPaul Hickey, Bespoke Investment Group co-founder, and Mary Phillips, Dimensional Deputy Head of Portfolio Management, join 'Closing Bell' to discuss S&P seeing the highest trading day since March, how upcoming earnings reports could drive market activity, and measuring quality by specifically at cash-flows on a relative basis.

☆ A stock trader who's up 42% year-to-date shares 5 key adjustments he made to his trading strategy that have helped him beat the market and remain profitable
▼ + stars: | 2022-10-12 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Matthew Caruso is a position trader, holding his stocks for weeks or even months at a time. Matthew Caruso has been trading stocks since 2008, first professionally for Canada's National Bank and then personally since 2014. "What made this year difficult was you had to balance, one, a very weak market, but yet, there were very strong industry trends within that weak market," Caruso said. Coming into the year, he noticed that the oil market was in tight supply, which pushed other commodities such as natural gas and fertilizer up as well. For example, if he has exposure to too many oil stocks, one news headline could plunge the entire sector.

☆ Analysis: Global bonds move in lockstep, ramping up investors' risk
▼ + stars: | 2022-10-11 | by ( Davide Barbuscia | ) www.reuters.com time to read: +5 min

As a result, we’re seeing significantly elevated correlations between bond markets," said Andy Sparks, head of portfolio management research at MSCI. "The high level of correlation across global bond markets means that allocating to ex-U.S. bonds is that much less effective," said Gregory Peters, co-chief investment officer at PGIM Fixed Income. Peters doesn't expect the correlations to moderate until central banks' monetary policies diverge significantly, and he has reduced his exposure to sovereign bonds outside the U.S. "That's something that brings these global issues on U.S. investors' radars, because they are becoming first order market drivers." Martin Harvey, portfolio manager of the Hartford World Bond Fund, expects monetary policy regimes to start diverging next year.

☆ Here are Thursday's biggest analyst calls: Apple, Exxon, Coinbase, Alphabet, Amazon, Marvell & more
▼ + stars: | 2022-09-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Wells Fargo initiates Coinbase as underweight Wells said in its initiation of the crypto company that it sees too many headwinds for shares of Coinbase. Cowen initiates CyberArk as outperform Cowen said it sees "growth and profitability" for the company. Stifel reiterates Marvell as buy Stifel said Marvell is one of the resilient stocks in the firm's coverage. Rosenblatt upgrades Apple to buy from neutral Rosenblatt said that its survey checks show consumers love the latest iPhone products. "We upgrade Apple to Buy from Neutral, and move our price target up $29 to $189.

Instead, it may be a good time to make adjustments to your portfolio or take some tax losses. For those with a long enough time horizon of five- or 10 years, or more, the sell-off could be an opportunity to buy the right stocks at a discount. Finding shelter For those worried about risk, stability can be found in the Treasury market. You might consider putting some of your holdings in Treasury bills, Treasury notes or Series I savings bonds. You can also get exposure to the Treasury market without owning the actual securities through a mutual fund or exchange-traded fund.

☆ Jeremy Grantham and 4 money managers share their top strategies for navigating a bear market in stocks
▼ + stars: | 2022-09-28 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Below we've compiled views from 5 money managers on how to navigate bear market environments. When the going gets tough in financial markets, it can be difficult to know what to do with your money. To help navigate the current environment, we've compiled views from money managers on the best ways to approach investing in bear markets. Jeremy Grantham, founder of GMOJeremy Grantham is no stranger to bear markets — he called the 2000 and 2008 sell-offs, as well as the current one. Essele's top tip for navigating bear markets, however, is a more simple one: "Buy a lot of brown liquor."

☆ Stifel's stock chief shares 4 places to put your money now as an 'immediate window' for returns opens up while stocks hit a near-term bottom
▼ + stars: | 2022-09-26 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

He said the S&P 500 would climb back to 4,400 by early next year. He said he thinks the S&P 500 will rally back to 4,400, which is about 19% upside from where it closed on Friday. StifelProvided that inflation continues to meaningfully drop, so too will yields on 10-year Treasury Inflation-Protected Securities, or TIPS, Bannister said. When 10-year TIPS yields and 36-month fed funds futures fall, the S&P 500 tend to rise. Longer-term, the S&P 500 is likely to remain range-bound below 4,800 through the rest of the decade, he said.

☆ Here’s our September rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio
▼ + stars: | 2022-09-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. Halliburton (HAL) — The only energy stock in the portfolio that we haven't trimmed in recent weeks. (See here for a full list of the stocks Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Read our review Read Our Review A looong arrow, pointing rightBottom line: Ally Invest Robo Portfolios is ideal for hands-off investors in search of automated ETF portfolios without fees. Ally Invest Robo Portfolios: Overall RatingFeature Insider rating (out of 5) Fees 5.00 Investment selection 4.25 Access 4.03 Ethics 4.50 Customer service 5.00 Overall score 4.56Is Ally Invest Robo Portfolios right for you? Ally Invest Robo Portfolios is an Ally Financial-affiliated automated account offering investing without fees for US residents. Ally Invest Advisors, Inc. manages the account and is in turn a subsidiary of Ally Invest Group, Inc. Read our review Read Our Review A looong arrow, pointing rightAlly Invest Robo Portfolios vs. FidelityAlly Invest Fidelity Investments Min.

"I became a financial advisor to mentor my clients through all financial aspects of their lives," says John Stoj, investment advisor representative and founder of Verbatim Financial. Traditional financial advisors: These include Certified Financial Planners (CFP), brokers, Registered Investment Advisors (RIA), and wealth managers. Find a financial advisor near youJust about anyone can benefit from working with a financial advisor. 7 questions to a financial advisor before you hire themBelow are a few of the most important questions to ask a financial advisor you're considering hiring. The financial takeawayConsulting with a financial advisor is a smart way to make headway in achieving both short-term and long-term financial goals.

A financial advisor is a professional who provides clients with guidance pertaining to financial goals, mortgages, insurance, retirement, investing, and general financial management. "I became a financial advisor to mentor my clients through all financial aspects of their lives," says John Stoj, founder of Verbatim Financial. "In an ideal world, a financial advisor should look at your overall financial picture and help you build a plan to get to and through retirement," says Mary Lyons, financial advisor and founder of Benchmark Income Group. 7 questions to a financial advisor before you hire themBelow are a few of the most important questions to ask a financial advisor you're considering hiring. How much a financial advisor cost varies from advisor to advisor, and can look different depending on how they charge you.

Persons: —, it's, John Stoj, Here's, John Hagensen, Mary Lyons, Lyons, they're, Fee, you'll Organizations: Service, Financial Planners, Investment, NASAA, RIA, National Association of, Financial, Creative, Benchmark Income, CPA, Chevron, Consulting

A day trader in her 20s will have much different view of stock diversification than a retiree looking to limit risk. Last week, we spoke about how to diversify a stock portfolio to both balance a longer-term view of your holdings while sharpening a shorter-term focus on factors that might necessitate changes. We're breaking this tutorial into seven sections: Understanding correlations Getting a portfolio started Is S & P 500 diversified? To better illustrate, let's consider the current make up of the S & P 500 — the diversification you'd achieve if you put an initial investment into an S & P 500 exchange-traded fund, or ETF. As of March 31, the end of the first quarter, the S & P 500 weighting was as follows: When you buy into an S & P 500 index fund, roughly 28 cents of every dollar goes into technology, while only 2.6 cents go into materials.

Additions to the organizational chart also highlight the growth within some of JPMorgan's key teams. The chart focuses on key executives as well as the people who support them. In the chart, those leaders that sit on JPMorgan's Operating Committee are denoted as Senior executives. It also provides some clues as to who might one day succeed Dimon, Wall Street's longest running CEO. See the chart here:Have we missed anyone, or do you know more about how the power is shared at JPMorgan?

If you have a lot of equity built up in your home, it may be possible to leverage it to buy your first investment property. Here's a look at my plan to tap into my home equity to buy my first investment property. Calculating home equityHome equity loans and home equity lines of credit are loans that use the equity in your home as collateral. Home equity installment loans are sometimes just called home equity loans or may be referred to as a second mortgage. If that all works as planned, I will end up making money every month from our investment property going forward.

According to a 2020 report, over a 15-year period, nearly 90% of actively managed investment funds failed to beat the market. Portfolio managers are often Ivy League-educated investors who spend their entire workday attempting to outperform the stock market. AdvertisementIn the investment community, it's common knowledge that actively managed investment funds typically underperform compared to popular market benchmarks like the S&P 500. While I'm in favor of index funds, it is important to note that not all investors feel the same way. Keep a long-term focus on your money when investingThe stock market can be very exciting.

Persons: —, it's, I'm, I've, That's, Eric Rosenberg, Roth, Jordan Belfort Organizations: Ivy League, Service, Amazon

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