CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A record number of shareholders have voted via Hargreaves Lansdown in the battle between US activist Saba Capital and seven UK investment trusts. The UK’s largest direct-to-consumer investment site said it had experienced an […]
Animal spirits in markets risk running too far #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Now would be a good time for investors to curb their enthusiasm, just a little. This year has begun with the bulls largely in control. Already, US stocks have risen about 4 per cent, […]
Trump’s return drowns out the Davos agenda #NewsMarket
CashNews.co Fomo is pervasive at Davos — there’s always a more exclusive party or powwow. But as the so-called global elite descended on the Swiss mountain resort on Monday for the World Economic Forum, the overwhelming feeling was that the real action was far away in Washington. Goldman Sachs boss David Solomon, Uber chief executive […]
Trump gives Chinese equities a breather #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world When US presidents opine on China, it is rarely good news for investors in Chinese equities. At least in recent years, announcements have tended to mark punitive measures such as blacklists, export […]
What’s behind financiers’ ‘blind spot’ on coal #NewsMarket
CashNews.co This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around […]
Dollar falls after Trump hints at softer stance on China tariffs #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The dollar fell to a one-month low against a basket of currencies on Friday after US President Donald Trump suggested a potentially softer stance on tariffs against China and called for interest […]
ETFs increase efficiency of markets, new study shows #NewsMarket
CashNews.co Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools The growth of exchange traded funds has improved the efficiency of stock markets, according to new research that runs counter to some previous claims. The global ETF industry has ballooned to almost $15tn […]
US stocks at most expensive relative to bonds since dotcom era #NewsMarket
CashNews.co US equities have soared to their most expensive level relative to government bonds in a generation, amid growing nervousness among some investors over high valuations of megacap technology companies and other Wall Street stocks. A record-breaking run for US equities, which hit a fresh high on Wednesday, has pushed the so-called forward earnings yield […]
Active ETFs are a wheeze — an extremely clever one #NewsMarket
CashNews.co Here’s what I love about owning an equity fund. Everyday thousands of employees wake up early and commute. They bust a gut winning clients, optimising supply chains and coding, all of which generate earnings. These accrue to me — even when catching a wave or a few winks on the sofa afterwards. (As I […]
Wall Street will stymie Donald Trump’s US oil surge plan, say shale bosses #NewsMarket
CashNews.co President Donald Trump’s call for a new oil boom will be thwarted by Wall Street’s reluctance to approve another drilling binge, shale bosses have warned. Total US oil output in Trump’s second term will rise by less than 1.3mn barrels a day, said Rystad Energy and Wood Mackenzie, well below the 1.9mn b/d rise achieved […]