Retail investors are reportedly treating them like lottery tickets. Large funds are using them to tactically shield their portfolios from potential hazards. Sophisticated traders are using them to siphon profits from daily market swings.
A bout of small-cap underperformance in the face of renewed “higher-for-longer” rate expectations sees the benchmark Russell 2000 finish below important support.
Inflation is likely to fall below the Federal Reserve’s 2% annual target by late next year, says David Kelly, chief global strategist at JP Morgan Asset Management.
How much should we be worrying right now? Our call of the day from Pershing Square Capital Management manager Bill Ackman says that in the near term, we can relax a little
Global fund managers have just made their biggest shift ever into U.S. stocks and out of emerging market equities, according to Bank of America’s monthly survey released Tuesday.