Thursday, July 8, 2021

Reuters Global Investor: Falling U.S. bond yields may signal death knell for 'reflation' stock trade

Falling U.S. bond yields may signal death knell for 'reflation' stock trade

Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of this year's most successful plays - the so-called reflation trade that helped power shares of economically sensitive companies higher after nearly a decade of underperformance.

U.S. bond managers say market has overshot, yields too low

Investors at some of the largest U.S. asset managers are holding fast to the view that bond yields will move higher in the second half of this year, despite the recent slide in Treasury yields, which they see as a temporary move.

U.S. IPO market a danger zone for Chinese firms after Beijing crackdown

China's stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc (DIDI.N) soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said.

Hedge fund Driver Management pushes for sale at Codorus Valley Bancorp

Activist investment firm Driver Management, which specializes in pushing small banks to improve their financial returns, has found a new target and is now urging Codorus Valley Bankcorp Inc (CVLY.O) to consider letting itself be bought, two sources familiar with the matter said on Tuesday.

Poorer US households gained nearly a year's spending from CARES Act - study

Federal aid distributed as part of the CARES Act boosted U.S. households' ability to pay their bills after becoming unemployed, with lower-income households seeing the biggest gains, according to research from the Federal Reserve Bank of San Francisco released on Monday.

MOVES Barclays nabs UBS banker Tan to lead Singapore private bank

Barclays (BARC.L) has appointed former UBS (UBSG.S) banker Evonne Tan as its head of private banking in Singapore, the British bank said on Tuesday, as it seeks to build upon its corporate and investment banking operations in Asia-Pacific to grab more business with the rich.

What Robinhood's IPO filing says about the Reddit army

The typical soldier in the army of retail traders upending Wall Street is a 31-year old who grabs their smartphone seven times a day to check the assets in their first-ever brokerage account, which may well hold a good chunk of cryptocurrencies in addition to stocks.

What Robinhood's IPO filing says about the Reddit army

The typical soldier in the army of retail traders upending Wall Street is a 31-year old who grabs their smartphone seven times a day to check the assets in their first-ever brokerage account, which may well hold a good chunk of cryptocurrencies in addition to stocks.

Overthinking Your Money: Avoiding analysis paralysis

When it comes to your finances, there are a couple of ways to sabotage yourself. One is not putting enough thought into it.

Credit Suisse to realign strategy this year, chairman says

Credit Suisse (CSGN.S) expects to decide on a new strategy by the end of the year, Chairman Antonio Horta-Osorio said in his first interview since assuming the role at the troubled lender.

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