After years of “Will they? Won’t they?” back and forth, on June 1, 234 of China’s domestically-listed A-shares will be included in the MSCI Emerging Markets index. The immediate inflows driven by this move will be small, amounting to roughly …
Index Futures Net Changes and Settlements: ContractSettlementNet Change+/-%S&P 500 (ESM18:CME)2709.00-22.00-0.81%DowJones (YMM18:CBT)24,660-226-0.91%Nasdaq 100 (NQM18:CME)6890.50-83.50-1.21%Russell 2000 (RTYM:CME)1601.80-2.50-0.15% Foreign Markets, Fair Value and Volume: In Asia 7 out of 11 markets closed lower: Shanghai Comp -0.70%, Hang Seng -0.13%, Nikkei -0.44% In Europe …
Japan’s longest run of growth since the 1980s has come to an end. After eight consecutive quarters of growth, data released on Wednesday morning showed that the Japanese economy contracted in the first quarter. For investors, the question is whether …
TODAY’S MARKET RECAP US equities retreated on Tuesday after the 10-year Treasury yield climbed to its highest level since 2011. The 30-year and 10-year Treasury yields rose to 3.197% and 3.070% respectively, while the 2-year yield increased to 2.577%. Large …
The VIX may have climbed to 14.6 today, but it’s still running below this year’s average of 17.2. In fact, before today’s selloff the last 2 VIX closes had a 12-handle, something we hadn’t seen since January. A few points …
Today’s US equity market selloff was a fitting end to the first half of Q2 2018, with stocks facing: Higher long-term interest rates as the US Treasury 10-year moved with conviction above a 3% yield. Fed Funds Futures that now …
Political uncertainty isn’t always bad news. It is now 10 weeks since Italian voters went to the polls in a general election, and still Italy’s bickering political parties have not managed to form a stable coalition government. That hasn’t proved …
More to follow f.lux makes your computer screen look like the room you’re in, all the time. When the sun sets, it makes your computer look like your indoor lights. In the morning, it makes things look like sunlight again. …
Entrée Capital, a nine-year-old venture outfit, has closed its second early stage fund with $80 million in capital commitments. The idea is to support Israeli founders no matter where they’re located. Among its LPS is the fund of funds Cendana Capital. The …
Let’s get the facts out fast: Facebook’s David Marcus used to run Facebook Messenger. He also used to run PayPal, after selling to it one of his startups. And now he is going to run the Facebook blockchain team. Did …
Index Futures Net Changes and Settlements: ContractSettlementNet Change+/-%S&P 500 (ESM18:CME)2731.00+1.50+0.05%DowJones (YMM18:CBT)24,886+63+0.25%Nasdaq 100 (NQM18:CME)6974.00+14.00+0.20%Russell 2000 (RTYM:CME)1604.30-5.20-0.32% Foreign Markets, Fair Value and Volume: In Asia 9 out of 11 markets closed lower: Shanghai Comp +0.58%, Hang Seng -1.23%, Nikkei -0.21% In Europe …
Must Read of the Day: Softbank’s Vision Fund is arguably the most important VC fund in the world, already having invested $30 billion compared to the $33 billion that the US venture capital industry raised last year. The fund is …
How much do the FAANG stocks (Facebook, Apple, Amazon, Netflix and Google) drive the daily price action of the overall US equity market? Given that their collective weighting in the S&P 500 is 12.2%, you would be tempted to think …