Today is the ‘NFP day’, when will find out news about the US labor market and new unemployment rate for July. US unemployment rate rose to 4.4% in June 2017 from the previous month’s 16-year low of 4.3% and above market expectations of 4.3%. The number of unemployed persons was little changed at 7 million whileContinue reading “US unemployment rate 2007>2017”
Ira Sohn conference is on today on May 08. 2017. Since 1995, the world-renowned Sohn Investment Conference, held annually in New York, has been the premier investment event, bringing the world’s savviest investors together to share fresh insights and money-making ideas to benefit the Sohn Conference Foundation’s work to end childhood cancer. Wall Street’s bestContinue reading “Wall Street’s best and brightest investors in New York Ira Sohn conference”
According to the MSCI World Index, global market cap hits on Tuesday April 25. 2017 a $50 Trillion for the first time ever. The MSCI index is a broad global equity benchmark that represents large and mid-cap equity performance across 23 developed markets countries. It covers approximately 85% of the free float-adjusted market capitalization in eachContinue reading “Global stock markets cap reached $50 Trillion, the highest level in history”
Top 10 highest compensated hedge fund managers earned $10.2 billion in 2015. Woow, what a numbers!? If you take a look at this Top 10 chart, Kenneth Griffin from Citadel and James Simons from Renaissance technologies are share-ing 1st place with $1.7 billion earnings each. Amaizing, right!?
This was largest ourflow since 2009 when investors withdrew over $130 billion from hedge funds. Since 2009 was a year of the recesion and market collapses, we can find in this data a different reason and that’s probably a very low return in average in 2016. Acording to the HFR data, hedge funds delivered an averageContinue reading “Investors pulled $70 billion from hedge funds in 2016”