RECENT Mutual Funds RESEARCH
Berkshire Hathaway’s (BRK-B) stock has fallen by 0.5% over the past month but has risen by 1% over the past year.
Carlyle Group (CG) is expected to post earnings per share of $0.40 in 2Q16. The company reported 1Q16 EPS of $0.18, beating the Wall Street analyst estimate of $0.13.
The RBI (Reserve Bank of India) left its benchmark interest rate, the repo rate, unchanged in its policy meeting on June 7, 2016.
Prospect Capital’s (PSEC) stock has risen by 5% over the past three months on its stable operating performance.
In his latest monthly investment outlook for June 2016, bond market veteran Bill Gross talked about “carry” in financial markets.
BlackRock has become the world’s largest asset manager in just two decades. The company is managing $4.7 trillion in assets.
The Shanghai Stock Exchange (or SSE) Composite Index rose from May 25 to June 1, 2016, and closed at 2,913.51 on June 1.
The three US stock indexes that we review in this weekly series rose from May 24–31, 2016, amid mixed economic data.
Investment-grade bond yields fell slightly for the week ending May 27 after Fed Chair Janet Yellen stated that a rate hike would be appropriate in the coming months.
Sam Zell, a real estate tycoon, said in an interview wth CNBC on May 24, 2016, that “the Federal Reserve should have raised interest rates two years ago.”
The Fed’s hawkish tone and repeated references to June as a possible candidate for a rate hike were unexpected by market participants.
The SSE Composite Index was almost flat for the week ending May 27. It ended at 2,821.05 on May 22. Investors were cautious about a probable rate hike in the US.
Upbeat new home sales data boosted investors’ sentiments about US economic recovery, causing US equity indexes to rise from May 17 to May 24, 2016.
Investment-grade bond yields jumped in the week ending May 20 as the FOMC (Federal Open Market Committee) minutes indicated that the Federal Reserve may go ahead with a rate hike in June.
Richard Bernstein spoke with CNBC’s Michael Santoli about what drives stock markets. He noted that his firm employs a top-down, macro research approach.
US Treasury yields rose across the yield curve for the week ended May 20, 2016. This came as minutes of the FOMC April meeting raised the probability of a rate hike in June.
Ares Capital (ARCC) missed Wall Street analysts’ EPS (earnings per share) estimates of $0.39 in the first quarter of 2016 with posted EPS of $0.37.
The FOMC released the minutes of its April 2016 meeting on May 18, and the minutes came as a surprise, with members sounding hawkish about a June rate hike.
In this series, we’ll be looking at Blackstone’s (BX) private markets performance, public markets, credit, advisory, dividends, and valuations.
US stock indexes fell last week. It came after expectations of an interest rate hike in the United States revived after solid consumer inflation data.