Asset Allocation
Cathie Wood Cuts China Stock Holdings, Leery of Beijing’s Crackdown
The growth stock maven thinks official persecution will squelch valuations, especially of promising tech titans.
Tag: Baidu
Market Moves
Archegos Fiasco Was One of 3 ‘Near-Misses’ This Year, Says El-Erian
Celebrated Allianz economist points to GameStop and hedge fund debacles as potential market torpedoes.
Bridgewater Ditches Facebook for Alibaba, Baidu, and Amazon
The world’s largest hedge fund pares stake in the social media juggernaut by 76% while refocusing its tech exposure.