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☆ The Russia-Ukraine war will continue into 2024 and any definitive outcome has risks, a veteran investment chief and former Moscow-based journalist says
▼ + stars: | 2023-02-25 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Rhys Williams, chief investment officer of Spouting Rock Asset Management. Spouting RockRhys Williams is the chief investment officer at Spouting Rock Asset Management. Phil Rosen: What are the implications for financial markets of Russia's war on Ukraine? What do you think of Williams' insights on markets and the Russia-Ukraine war? The Reddit-loving day traders are back in a big way, piling record amounts of cash into stocks to start the year.

☆ Citadel joins a growing number of firms rolling out internships for undergrads looking for a fast track to the buy side
▼ + stars: | 2023-02-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Investment banks, you've been put on notice: The buy side is coming for your young talent. Insider's Emmalyse Brownstein has a full rundown on an undergrad internship at hedge fund Citadel for aspiring fund managers. The Citadel Associate Program (CAP) is a tough nut to crack, with an acceptance rate of only 1%. Click here learn more about Citadel's ultra-exclusive associate program, along with tips to get ahead during the application process. And if you're wondering who is left leading the world's largest hedge fund, look no further than our list of the fund's top 11 executives.

☆ Getting involved in China may be difficult for some people, says KraneShares' Brendan Ahern
▼ + stars: | 2023-02-15 | 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 EmailGetting involved in China may be difficult for some people, says KraneShares' Brendan AhernBrendan Ahern, KraneShares CIO, joins 'The Exchange' to discuss investing in China and billionaire investor Ray Dalio's comments that China is winning the trade war if you just take the percentage of world trade.

☆ Yields are popping again. Here's how investors can take advantage of that, according to the pros
▼ + stars: | 2023-02-14 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

How can investors ride on higher yields? Buy high-quality or short-term fixed income BlackRock Investment Institute said it likes high-quality credit and short-end government bonds "as interest rates stay higher for longer." "Fixed income finally offers 'income' after yields surged globally. "We believe that investors should hold around 2% of cash in their portfolios and should use short-term fixed income (anything below a 2-year maturity) as a proxy for cash," Alvarado added. Wells Fargo Investment Institute's tactical portfolios are allocating between 2% (for "aggressive growth investors") and 17% (for conservative income investors) to short-term fixed income.

☆ Ray Dalio's hedge fund nearly tripled its GameStop and AMC bets last quarter, while Bill Miller dumped Bed Bath & Beyond stock
▼ + stars: | 2023-02-14 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

The hedge fund nearly tripled its stake in the video-game retailer and the movie-theater chain. Meanwhile, Bill Miller's fund sold all of its remaining shares in Bed, Bath & Beyond. Dalio's Bridgewater Associates fund boosted its bets on GameStop and AMC Entertainment, while Miller Value Partners exited its Bed Bath & Beyond wager. Similarly, AMC shares surged from about $2 to over $59 during the first six months of 2021. For its part, Bed Bath & Beyond shares soared from under $4 in April 2020, to over $35 by January 2021.

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☆ Wall Street trading firms aren't giving up on crypto just yet
▼ + stars: | 2023-02-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

A bunch of high-profile Wall Street investors just piled into a startup that pledges to fix a major issue in the crypto industry. And while plenty of those bets blew up — the most spectacular of which was crypto exchange FTX — that hasn't stopped Wall Street. Click here to read more about a new crypto startup that's got backing from some of Wall Street's top trading firms. For a breakdown of all the key partnerships between Wall Street and cloud partners, check out our running list of more than 30 deals. Cheman Cheung left Wall Street after his father passed away to recover from a state of "mental chaos."

☆ Here's why 2023's stock rally could fizzle out and end up burning bullish investors
▼ + stars: | 2023-02-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Now let's turn to the stock market. Traders gather on the floor of the New York Stock Exchange, Friday, March 18, 2016. The surging stock market suggests that investors are fairly optimistic these days. In a Friday note, strategists said the stock market is set to peak in the next two weeks because inflation could come roaring back. US stock futures fall early Monday, after Friday's strong US jobs report fueled speculation that interest rates will rise further.

☆ An economics researcher is warning that the next few decades could bring a massive stock market collapse
▼ + stars: | 2023-02-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The US stock market could face collapse by 2050, according to new research by a Finnish economist. Grosby's paper re-examined past studies of stock market crashes to determine if another cataclysm was headed for the US market. Using a model that detects faster-than-exponential growth to identify stock market bubbles, the researchers concluded that the US equity market was headed for a collapse in 2052. He also re-calibrated the model, as other analyses show it could be overestimating the time it takes for a stock market crash to occur. His findings echo warnings from prominent Wall Street commentators, who say disaster looms over the stock market.

☆ How monk turned motivational speaker, Jay Shetty, and his wife are building a growing empire of wellness teas— with backing from New Money Ventures
▼ + stars: | 2023-02-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

The sparkling tea brand has raised funding from LA-based firm, New Money Ventures. Liquid Death, a canned water brand, was valued at $700 million during its Series D round in October 2022. In April 2022, Beyonce invested in Lemon Perfect, a lemon water brand. In November 2022, the organic birch water brand Treo announced a partnership with the singer Jason Derulo. Joyo launched direct-to-consumer on January 25, so customers can now order products online to any location in the United States.

☆ ExodusPoint's 2022 struggles is a lesson for all of Wall Street: Play the hits
▼ + stars: | 2023-02-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

I shudder to compare some of the greatest artists of our generation to a hedge fund, but I can't help but notice some similarities between their disdain for their biggest hits and ExodusPoint's difficult 2022. The hedge fund, which still holds the industry's largest launch in history, ended the year with fewer assets, employees, and PMs than it started with. The world's biggest hedge fund has a new co-CIO. Ken Griffin, the billionaire owner of hedge fund Citadel, is causing quite the stir over his suggestion that a historic home on a property he owns in Miami be relocated. The firm continues to cut back on the size of a venture-capital fund its raising, The Wall Street Journal reports, with a new goal of $5 billion.

☆ Stocks are getting a boost from a key indicator that's been a reliable sign of more gains to come
▼ + stars: | 2023-02-03 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

In case you missed it, the European Central Bank Thursday made a half-point interest rate hike, marking its fifth consecutive move as part of its inflation-fighting efforts. Speaking of rates, today we're going over a key economic indicator that suggests more upside ahead for stocks. Ever since the Fed started tightening policy last March, the stock market has been highly susceptible to interest-rate volatility. Specifically, the MOVE Index — which measures volatility of US Treasury yields — has dipped to lows that haven't been seen since the Fed's first rate hike of this cycle. This means potentially smaller swings in the stock market as highly rate-sensitive equities get some relief after big rate moves battered indexes in 2022.

☆ There is more upside for investors in China, says Morgan Stanley's Andrew Slimmon
▼ + stars: | 2023-02-02 | 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 EmailThere is more upside for investors in China, says Morgan Stanley's Andrew SlimmonAndrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins 'The Exchange' to discuss recent comments by Ray Dalio, investment opportunities in China, and the implications of China's reopening.

☆ Ray Dalio says cash is more attractive than stocks and bonds on the back of rising rates
▼ + stars: | 2023-02-02 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ray Dalio renewed his belief that cash makes an attractive investment, saying it's become more appealing than stocks and bonds amid rising rates. Cash is pretty attractive now," Dalio said on CNBC's " Squawk Box " Thursday. "Real interest rates went from minus 175 basis points to plus 175 basis points, right? The widely followed investor said that higher rates particularly hurt growth-oriented stocks that need to borrow in order to expand. So you're seeing it reflected in not only the long duration stocks," Dalio said.

☆ Ray Dalio: Cash position is now relatively attractive
▼ + stars: | 2023-02-02 | 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 EmailRay Dalio: Cash position is now relatively attractiveRay Dalio, Bridgewater founder, joins 'Squawk Box' to make sense of where the economy is, the Federal Reserve's battle with inflation, and the United States' relationship with China.

☆ Watch CNBC's full interview with Bridgewater founder Ray Dalio
▼ + stars: | 2023-02-02 | 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 EmailWatch CNBC's full interview with Bridgewater founder Ray DalioRay Dalio, Bridgewater founder, joins 'Squawk Box' to make sense of where the economy is, the Federal Reserve's battle with inflation, and the United States' relationship with China.

☆ Ray Dalio warns 'money as we know it is in jeopardy' and favors an inflation-linked cryptocurrency over bitcoin
▼ + stars: | 2023-02-02 | by ( Brian Evans | ) www.businessinsider.com time to read: +3 min

"We are in a world where money as we know it is in jeopardy," Dalio told CNBC. "It's not going to be an effective money. It's not an effective store holder of wealth. "We are in a world in which money as we know it is in jeopardy," Dalio said. I don't think bitcoin is it."

☆ The largest hedge fund in the world just named a 37-year-old woman as a co-CIO. Meet the top 11 execs leading Bridgewater into its new era.
▼ + stars: | 2023-02-02 | by ( Alyson Velati | Michelle Abrego | ) www.businessinsider.com time to read: +12 min

Karen Karniol-Tambour will join co-CIOs Greg Jensen and Bob Prince to oversee the hedge fund's investment strategy. Despite a breakout year for many multi-strategy and macro hedge funds, Bridgewater lagged behind its peers. Nir Bar Dea, co-CEOBar Dea. Bridgewater AssociatesAs cochief investment officer, Jensen oversees Bridgewater's investment strategies and research efforts as well as its investment talent. Since joining Bridgewater in 1986, he has been a partner in building the hedge fund's investment process and products.

SINGAPORE, Jan 31, (Reuters) - Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family's wealth. His family might establish a Singapore family office to manage its wealth in the future, he added. Well-known Singapore family offices include those set up by James Dyson of vacuum cleaner fame, hedge fund manager Ray Dalio and Zhang Yong, founder of China's Haidilao hotpot restaurant chain. Though fresher statistics are not available, those involved in the industry said interest in family offices picked up in 2022 and is expected to continue unabated this year. While some are setting up family offices, others are setting up business headquarters in Singapore or investing in funds domiciled in Singapore, she said.

☆ Vanguard's global investment expert explains what traders are doing to kick off 2023 and how markets are reacting to the Federal Reserve's policy tightening.
▼ + stars: | 2023-01-28 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Today, I'm sharing my conversation with Fiona Greig of Vanguard's Investment Strategy Group. Fiona Greig, global head of investor research and policy for Vanguard VanguardFiona Greig is the global head of investor research and policy for Vanguard's Investment Strategy Group. This suggests a "stay the course" posture, meaning yes there's been volatility, but the longer term outlook they have for the stock market is stable. There's some lower expectations for stock market returns in the short term, but we see pretty clear expectations and optimism for returns in the next 12 months, and even 10 years. The firm's strategists said these companies pay out a healthy dividend and can offset stock market losses in a slow-growth economic landscape.

☆ Due diligence is top of mind for Wall Street in the wake of blowups at Frank and FTX. Here's what it means for the state of M&A.
▼ + stars: | 2023-01-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In the long list of boring, behind-the-scenes stuff for deals to get done, due diligence ranks close to the top. One of the more fascinating knock-on effects is how buyers might leverage FTX and Frank as a way to get better terms on deals. Click here to read more about the new state of due diligence in the wake of FTX and Frank. I know you're a passionate bunch, so we compiled everything Wall Street is saying about the EV maker's fourth-quarter earnings. Which fast-food joint has the best coffee?

☆ Billionaire investor Ray Dalio slams the US debt ceiling – and compares politicians who support raising it to binge-drinking alcoholics
▼ + stars: | 2023-01-26 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Bridgewater Associates co-CIO Ray Dalio has slammed the US debt limit as "a farce". "It works like a bunch of alcoholics who write laws to enforce drinking limits," he said. "We all know that there is no real debt limit because what is called a debt limit never actually limits the debt," the Bridgewater Associates CIO wrote in a LinkedIn post published Wednesday. Congress has acted 78 separate times to extend the debt limit since 1960, according to the Treasury Department. Read more: A US debt default or even a near-nonpayment could plunge the economy into recession, top Goldman Sachs economist says

☆ How AI is detecting heart attack risk and aiming to outsmart America’s No. 1 killer
▼ + stars: | 2023-01-26 | by ( Kerima Greene | ) www.cnbc.com time to read: +7 min

Cleerly founder and CEO James Min, a cardiologist, started the company to find a better way to assess heart health, by applying AI to the problem. Heart disease is the nation's No. CNBC: What are indirect markers of heart disease? Min: Many emergency department visits for heart attacks are preventable if risk factors for heart disease are identified in advance. Using millions of annotated CCTA images, Cleerly algorithms quantify and characterize atherosclerosis and its features.

☆ Premarket stocks: Tech earnings could wreck Wall Street's party
▼ + stars: | 2023-01-24 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Big Tech earnings are here, and investors are hoping they don’t wreck the good vibes on Wall Street. Three giant tech earnings reports this week — Microsoft (MSFT), Tesla (TSLA)and Intel (INTC) — could change that. In the year-ago quarter, earnings were $2.48 per share on $51.73 billion in revenue. Still, Wall Street expects Tesla’s earnings to grow, if not at the explosive pace of the past few years. Analysts at Goldman Sachs predict that tech growth will slow to 9% between 2021 and 2024 while the sales growth of the overall S&P 500 reaches 7%.

☆ Analysis: This guy made $150,000 a day, because Corporate America is out of control
▼ + stars: | 2023-01-23 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

I’m seeing the words “recession,” “crypto,” “debt ceiling,” the “M&M’s spokescandy scandals…”And yet, I am bound my duty as a journalist not to shy away from the hard candy shell news. I know, I know, you’re all tired of the media’s relentless coverage of the M&M Spokescandy Saga, aka the Culture War Battle that is shaping social discourse in the Year of Our Lord 2023. The company claims it didn’t think anyone would notice when it released the changes to the characters’ appearance. “We definitely didn’t think it would break the internet,” it said in a press release that frankly reeked of champagne and high fives. Oh you didn’t think anyone would notice, M&M marketing wizards?

☆ Citadel's $16 billion haul smashes hedge fund records
▼ + stars: | 2023-01-23 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Citadel is now the most successful hedge fund ever after it made $16 billion last year — the biggest annual windfall on record. The Miami-based fund, founded and run by Ken Griffin, topped the 2022 ranking of the world’s best-performing hedge funds based on estimates from LCH Investments NV. Citadel’s record-breaking performance last year took total gains for the fund since its inception to nearly $66 billion. Dalio’s fund made $6.2 billion last year, bringing total assets under management to $81 billion. LCH was launched in 1969 and is the world’s oldest fund of hedge funds.

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