The age of ‘The Magnificent 7’ is over
A cynic would say such monikers are made up by professionals looking to hype markets — I think ‘The Mag 7’ is much more dangerous than that
lates news
Read More
Why South Korea’s won is one of world’s best performers
Currency strengthened nearly 8% against dollar last month despite tech stock sell-off
US Treasury undertakes historic intervention in yen market
New York Fed sells euros to buy yen following recent speculation that Tokyo intervened to support Japan’s currency
Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout
Investors say the hedge fund deal reassured jittery traders in tech stocks
KKR nears deal to buy medical device maker Integer for more than $4bn
Healthcare company was recently targeted by an activist hedge fund established by an Elliott Management alumnus
As Warsh’s Fed faces pressure to act on inflation, these indicators show it’s at its lowest in years
Trimmed mean measures are painting a different picture than the headline numbers.