Early data show January losses for stock picking hedge funds

Early data show January losses for stock picking hedge funds

Jan 27 (Reuters) – Hedge funds that specialize in picking stocks started 2022 with losses, investors and research firms said this week as markets went on a rollercoaster ride fueled by fears of rising interest rates and geopolitical turmoil. Data from Morgan Stanley, which works with the world’s biggest and most powerful hedge funds, show …

US GDP up by 6.9% in Q4…. The GDP price index soared by 6.9% — the most since 1981

US GDP up by 6.9% in Q4…. The GDP price index soared by 6.9% — the most since 1981

U.S. gross domestic product (GDP) ramped up in the final months of 2021, with still-solid consumer spending helping stoke growth and offset early negative impacts from the Omicron variant’s spread. The Bureau of Economic Analysis (BEA) released its first estimate of fourth-quarter GDP on Thursday. Here were the main metrics from the print, compared to …

Oil breaks $90/bbl for the first time since 2014 on Russia tensions

Oil breaks $90/bbl for the first time since 2014 on Russia tensions

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. REUTERS/Nick Oxford//File Photo U.S.’ Blinken assures global energy supply won’t be disrupted Biden threatens sanctions on Putin over any Ukraine invasion U.S. crude, gasoline stocks build, even as fuel demand surges …

NATO sends reinforcements and US puts troops on alert as Ukraine tensions rise

NATO sends reinforcements and US puts troops on alert as Ukraine tensions rise

Moscow/Brussels: NATO said on Monday it was putting forces on standby and reinforcing eastern Europe with more ships and fighter jets, in what Russia denounced as Western “hysteria” in response to its build-up of troops on the Ukraine border. The US Department of Defense in Washington said about 8,500 American troops were put on heightened …

Stocks Slide as Fed, Russia Keep Traders on Edge

Stocks Slide as Fed, Russia Keep Traders on Edge

(Bloomberg) — The historic rebound in American stocks proved short-lived, with major averages slumping again as investors remained on edge over the Federal Reserve’s inflation-fighting stance and Russia’s saber-rattling against Ukraine Just a day after an almost incredible recovery for the S&P 500 from a 4% rout, the U.S. equity benchmark resumed its losses. While …

EU won’t impose new Russia sanctions for now – Borrell

EU won’t impose new Russia sanctions for now – Borrell

EU has no plans to impose new sanctions against Russia, Borrell says The head of EU diplomacy, Josep Borrell, confirmed that the EU does not plan to announce any sanctions against the Russian Federation following the meeting of the union’s foreign ministers on Monday. RIA Novosti, 01/24/2022 NN: Its the same old mistake the Europeans …