Crunchmarkets’s info on the world of finance
Traders on Wall Street have shown a surge of excitement with the victory of Donald Trump in the elections. However, data from HFR reveals that hedge funds have seen more prominent alpha generation when a Democrat is in the Presidential office as compared to a Republican. The data takes into […]
The Archbishop of Canterbury, Justin Welby, has stepped down amid a controversy related to concealing abuse, marking a historic departure for the Church of England. This is the first time a leader of the Church and the broader Anglican Communion, which encompasses 85 million Christians globally, has been compelled to […]
Despite a sluggish retail environment in China, the country’s Singles’ Day shopping festival witnessed a higher-than-anticipated consumer spending, according to consulting executives. The event, which is China’s equivalent to Black Friday, commenced on October 14th this year, a week earlier than it did in 2023. Although major e-commerce companies used […]
Elizabeth Lund, the person responsible for quality control in Boeing’s commercial airplanes division, has announced her plans to retire in December. Lund, who has been an integral part of Boeing for 33 years, was appointed as the senior vice president of quality for commercial airplanes in February, amidst the company’s […]
Title: Minneapolis Fed Chief Warns of Potential Inflation Surge from Trump’s Tariff Plans On May 7, 2024, Neel Kashkari, the head of the Federal Reserve Bank of Minneapolis, addressed a global audience at the Milken Conference 2024 Global Conference Sessions in Beverly Hills, California. Kashkari expressed concerns over President-elect Donald […]
“Stocks in Israel experienced a surge after the market closed on Sunday, driven primarily by significant gains in several sectors. In Tel Aviv, a notable increase of 2.60% was recorded, setting a new record high for the market. Amongst the top performers in this session were NICE Ltd, which experienced […]
The exchange-traded fund (ETF) sector is making efforts to simplify pair-trade strategies for the everyday investor. Michael Venuto from Tidal Financial Group submitted filings last month for eight two-stock ETFs, which involves going long on one stock and short on the other. Venuto, who is the firm’s chief investment officer […]
Recent insights by Morgan Stanley into the competitive arena of top subscription-based retailers, such as Walmart+, Amazon Prime, and Costco (NASDAQ:), reveal some interesting trends. Walmart+ is making significant progress, with its subscriber base reaching near-historic highs, thanks to strategic maneuvers like its Black Friday half-price membership deal. According to […]
Jeffrey Gundlach, the CEO of DoubleLine Capital, has expressed his views on the potential impact of Republican control over the House on interest rates. He made his comments during an appearance on CNBC’s “Closing Bell” program. Gundlach, whose firm manages assets worth over $96 billion, says that if the Republicans […]
Written by Brendan O’Brien and Rich McKay A persistent wildfire in the northwest of Los Angeles has unsettled thousands of Californians, causing them to evacuate their homes. The blaze, which has destroyed over 100 structures, continued to pose challenges for firefighting crews on Friday, despite a drop in the ferocious […]
