Ray Dalio Says ‘Will Play Markets Till I Die’ After Giving Up Control Of World’s Largest Hedge Fund
After relinquishing control of the world's largest hedge fund, Ray Dalio, the founder of
Gold Flatlines After Hitting $1,700: How Weak US Economic Data Is Taking Shine Off Bullion
After soaring past $1,700 an ounce on Tuesday, gold prices steadied as traders considered whether the U.S. Federal Reserve may tone down its hawkish stance post the release of weak eco
US Said To Be Nudging OPEC+ To Avoid Big Output Cuts: Why It Matters For Biden And Democrats
The United States is nudging the Organization of the Petroleum Exporting Countries and its allies, known as the OPEC+ nations, to avoid significant oil output cuts when President Joe Bid
Russia-Owned Energy Giant Strikes Natural Gas Deal With Pro-Putin Hungary After Stopping Supply To Italy
Russian energy giant Gazprom PJSC (OTC: OGZPY) will reportedly permit Hungary to delay payments for natural g
Ray Dalio No Longer Believes Cash Is Trash: ‘When Facts Change, I Change My Mind’
Ray Dalio, billionaire investor and founder of Bridgewater Associates, has quoted legendary economist John Maynard Keynes to express what he feels about cash as an asset in the current econ
Oil Jumps Over 3% As OPEC+ Meet Eyed: Analysts Say This Is The Bare Minimum Supply Cut For Markets To Care
Oil prices soared over 3% on Monday morning in Asian trade after reports indicated the Organization of the Petroleum Exporting Countries and its allies (OPEC+) are likely to consider an output cut of over a million barrel
Bond Yields Are Rising Dramatically: These 2 Dividend ETFs Have Them Beat
The two-year U.S. treasury yield reached 4.167% on Friday. The 10-year U.S. treasury yield hit 3.762%. This allows the yield curve to remain in an inverse relationship, which typically points to a recession.
Cathie Wood Sells $2.8M In Healthcare Stock Buoyed By Amazon-Linked Rumors
Cathie Wood-led Ark Investment Management on Wednesday sold 96,746 shares of Signify Health Inc. (NYSE: SGFY), estimated to be valued at around $2.8 million.
‘Big Short’ Investor Michael Burry Says This Could Be The Real Reason Yields Are Rising Despite Deflation Talks
"Big Short" investor Michael Burry has pointed out in his now-deleted tweet that rising yields across the curve despite a widespread prediction that deflation could be on the cards is likely a function of quantitative tightening.
Bank Stocks Are Historically Cheap, But May ‘Need To See More Pain’ Before It’s Time To Buy
The SPDR S&P Bank ETF (NYSE: KBE) is down 18.6% year-to-date, only slightly outperforming the S&P 500 as a whole. Rising interest rates are typically good news for bank earnings, but the weakness in bank stocks as of late has been driven by concerns over a potential slowdown in the lending market.