Every crisis comes with political baggage. This morning, the US Justice Department is said to be “requesting” that certain hedge funds reveal their bets against the euro.
Under pressure from their EU counterparts, say rumors making their way around the Internet, the Department of Justice is tracking down fund managers who attended a particular dinner in [...]
Chris Mayer is winging his way to Australia with a few select subscribers as we write… but we suspect he’d chuckle at this news: 97% of all stock mutual funds are down from where they stood at the beginning of 2008.
According to Morningstar, the average stock fund rose 35% last year… but that wasn’t nearly [...]
Investors take note: Fund managers can trump business fundamentals during a rally. Cramer explains how they do it.
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It’s a big day for Stocktwits as a farm system of talent in the financial world.
From our blog:
Professional traders who use the Bloomberg terminal to monitor markets and news can now get access each day to a selection of some of the best tweets from StockTwits.
Bloomberg is well known for its News division, [...]
Since it peaked in 2007, the UK stock market lost 60% of its value. As of yesterday, it had recovered half of what it had lost.
All over the world, the story is about the same. Markets have recovered half or more of what they gave up.
The US is a laggard. While the S&P is up [...]
