Hedge Funds Bloodied by China Rout in Worst Month Since 2011
Some of these investments had their worst performance since 2011, suffering double-digit losses.
Gross’ Fund Rises After Tweaking ‘Shorts of a Lifetime’
The Janus (ex-Pimco) fund manager anticipated a slump for German debt and Chinese equities; Janus Global up 0.8% in July, 1.6% YTD.
4 Signs American Consumer Is Fine, and Poised to Spend More
If the Fed is looking at these four numbers, a September rate hike is more likely--as is continued economic growth in the U.S.
10 Wealthiest Couples in the World
Wealth-X reports wealth of six on list is self-made, and of four inherited
China’s Confusing Currency Devaluation Means Get ‘Buy Lists’ Ready
The market’s big move on the China story appears to be like most big moves in summertime — exaggerated — because trading is thin, analysts say.
Citigroup: Something Big and Fundamental Has Changed in Markets
Strategist points to increasing concentration and one-way positioning as factors behind current liquidity woes.
GMO’s Montier: Stocks Are Nowhere Near Fair Value
It would take 60 years for today’s stock market to be considered fair value assuming real interest rates remain at -2%, Montier says.
Buffett Worries Rate Hike Could Damage Economy; Touts Precision Purchase
Warren Buffett warns of bad timing for Fed move because Europe needs to keep rates low.
Why the Fed Won't Raise Rates Next Month
Looking at the numbers around stocks, oil and commodities, why I doubt the Federal Reserve will raise rates at September FOMC meeting.
Morningstar: Vanguard's Yones on Dealing With 'Product Inundation'
Doug Yones speaks of how advisors can deal with "product inundation," how to conduct due diligence on those products, and how advisors can counteract "home market bias" to "truly diversify" client holdings internationally.