Hedge Funds Reap Big Rewards From Roller-Coaster Russian Markets
published May 15th 2016, 1:00 pm, by Elena Popina (Bloomberg) — Russian assets, which are among the most volatile in the world, are bringing hedge fund managers the best returns in emerging markets. Funds with a geographical focus on the country have gained an average 29 percent since the start
Recently Deciphered Ancient Texts : A Well Thought Out Scream by James Riordan
Despite continuing breakthroughs in technology and the new wealth of information that it continually provides there is still much we can learn from the past. A major key to unlocking that information involves deciphering historic languages, code and sybols. The ancients recorded their knowledge on scrolls, artifacts, and even cave
Trump Won’t Tell Republicans He’s One of Them: Margaret Carlson
published May 12th 2016, 3:58 pm, by Margaret Carlson (Bloomberg View) — In the days leading up to Donald Trump’s much-ballyhooed courtesy call to Capitol Hill on Thursday, House Speaker Paul Ryan seemed like a groom wanting his presumptive bride to change before he does. “This is the party of
U.S. 30-Year Bonds Fall After Demand Weakens at $15 Billion Sale
published May 12th 2016, 4:13 pm, by Alexandra Scaggs (Bloomberg) —Treasuries fell after a $15 billion sale of 30-year bonds, the last of three U.S. debt auctions this week, drew the weakest demand since February. U.S. yields rose as the sale garnered the week’s smallest number of bids submitted for
Asian Stocks Retreat Amid Earnings as Technology Shares Decline
published May 12th 2016, 7:10 pm, by Jonathan Burgos (Bloomberg) —Asian stocks dropped as crude oil retreated and technology shares declined after Apple Inc. sank to the lowest since June 2014. The MSCI Asia Pacific Index slipped 0.2 percent to 127.26 as of 9:06 a.m. in Tokyo. The gauge pared
Matt Levine’s Money Stuff: Merger Advice and Retail Trading
published May 11th 2016, 8:04 am, by Matt Levine (Bloomberg View) — Merger advice. Well: In 2015, the buyers in public-company deals valued at more than $1 billion didn’t use financial advisers in 70 instances, or 26% of the time, according to Dealogic. That is the second-highest total on record
Macy’s Dimmer Outlook Sends Retail, Apparel Stocks Tumbling
published May 11th 2016, 4:33 pm, by Lindsey Rupp (Bloomberg) — A glum outlook from Macy’s Inc. renewed concerns about the broader retail industry, contributing to a stock rout for consumer companies such as Wal-Mart Stores Inc., Michael Kors Holdings Ltd., Ralph Lauren Corp. and Ross Stores Inc. on Wednesday.
Donald Trump Is Considering Newt Gingrich for Vice Presidential Role
published May 11th 2016, 8:49 pm, by Kevin Cirilli and Jennifer Jacobs (Bloomberg) —Donald Trump has discussed in recent days the possibility of selecting former House Speaker Newt Gingrich as his vice presidential running mate, according to multiple people familiar with the discussions. Trump, the presumptive Republican presidential nominee, has been
Cruz, Senate Face Choices as `Lucifer in the Flesh’ Returns
published May 10th 2016, 3:51 pm, by Steven T. Dennis (Bloomberg) —Texas Senator Ted Cruz returned to the Senate Tuesday, where he shouldn’t expect a warm embrace from one of the world’s most exclusive clubs. But to get much of anything done, they’re going to need him. The freshman Texas
Japanese Stocks Rise for Third Day Following Global Equity Rally
published May 10th 2016, 7:12 pm, by Yuko Takeo and Toshiro Hasegawa (Bloomberg) —Japanese shares rallied for a third day, tracking a global equity rebound following a recovery in commodity prices. The yen held declines against the dollar, sending exporters higher. The Topix index climbed 1.1 percent to 1,348.97 at