The Turkish currency may have plunged to successive record lows in September, but the country’s stocks still managed to attract support from investors who flocked to the largest exchange-traded fund focused on Istanbul equities.
The potential auction of a French asset management business may offer clues as to the next step for the industry’s biggest players.
The inflation outlook in the wake of the pandemic continues to divide strategists. One part of the derivatives market is signaling that some investors see a risk of U.S. price pressures building up after the election.
A potential Democratic sweep in the U.S. elections may be the rosiest scenario for risk markets like value and cyclical stocks.
Cathie Wood’s Ark Investment Management is well known for its wildly optimistic price target for Tesla Inc., its money-spinning bet on Bitcoin and the 81% return of its main fund this year. It’s less well known that almost none of its analysts has a finance background.
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