BlackRock Changes Global Outlook Due to Coronavirus
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
Undeterred by the wild stock market, he is venturing into the battered energy sector.
Signs of hoarding in Washington state and elsewhere in the West prompt fears of panic stockpiling nationwide.
Strong tech outfits like Apple and Facebook help American equity returns power ahead of other nations’ markets.
Largest US pension plan drops at least $15 billion as retirement programs worldwide suffer.
Commonwealth’s McMillan says 10-year Treasury yield dive is close to those in previous outbreaks.
Even senior management at Temasek may find their bonuses trimmed as much as 15%, as investors contend with the disease’s impact.
$124.6 billion Mandatory Provident Fund says virus ‘has affected the investment market worldwide.’
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Pummeled shares will take a lot longer to recover than normal, Allianz economist says.
Earnings growth is threatened by the epidemic, which has shut down much of China’s economy, strategist says.
The effect of the outbreak has been ‘exaggerated,’ hedge fund honcho declares.
IHS Markit predicts that a prolonged problem will extend far beyond China.
Unexciting economic growth and the Chinese virus are among the ills that could ruin predictions of an electrifying rebound.