• 

  Bloomberg

  Manulife's Trinh on Markets, Strategy

  Sue Trinh, Co-Head of Global Macro Strategy at Manulife Investment Management, discusses her latest market out look and investment strategies. She speaks with David Ingles, Yvonne Man and Rishaad Salamat on "Bloomberg Markets Asia".

• 

  TipRanks

  ‘The Balance Is to the Upside’: Citi Recommends Owning These 3 Stocks for 40%-Plus Upside — Here’s Why They Could Surge

  With the third quarter winding down, and the final quarter of the year almost upon us, it’s time to take stock of stock markets. Where are we likely to go in the next few months, and what are the likely forces to impact trading? In some recent comments on CNBC, Citi strategist Scott Chronert lays out his own belief that we’re likely to see some further gains. Chronert first points out that fears of a hard recession have faded, or as he puts it, “We’ve been pricing in a soft landing since the fir

• 

  Bloomberg

  Inflation Reacceleration?

  Inflation reacceleration? That was Wednesday's question of the day posed to Ankur Crawford, Alger Executive Vice President and Portfolio Manager, by Alix Steel and Guy Johnson on "Bloomberg Markets: Americas."

• 

  Reuters

  Direxion rolls out Nvidia-focused ETFs for bulls and bears

  The Direxion Daily NVDA Bull 1.5x Shares ETF seeks to deliver 1.5 times the price return of daily moves in Nvidia’s shares, which have more than tripled year-to-date. Meanwhile, the Direxion Daily NVDD Bear 1x Shares ETF allows bearish investors to profit when Nvidia’s shares decline.

• 

  Reuters

  Crunch time after string of aggressive central bank rate hikes

  Major central banks have confounded economists with a string of interest rate rises that, so far, have moderated inflation without causing global recession. Now comes the challenge: how to pause monetary tightening without unleashing market exuberance about future rate cuts that would loosen financial conditions and revive price pressures. The European Central Bank on Thursday raised rates by 25 basis points (bps), while the U.S. Federal Reserve next week is expected to keep borrowing costs steady, while trying hard to rein in speculation about future easing.

• 

  The Wall Street Journal

  VinFast’s Rise and Fall Burns Investors in Familiar SPAC Pattern

  A crash in the shares of electric-car startup VinFast Auto is serving as a warning: One of Wall Street’s hottest financial trends in recent years often ends with everyday investors getting burned. The Vietnamese firm last month became one of the latest startups to go public by merging with a shell company, an alternative route to the stock market that became popular during the pandemic. For some, the big stock moves are reminiscent of another pandemic phenomenon that resulted in many individual investors losing money: the trading frenzy that turned struggling companies such as GameStop into meme stocks.

• 

  Bloomberg

  JPMorgan, Bank of America Dangle 14% Yield to Get Rid of Risky M&A Debt

  (Bloomberg) -- Wall Street bankers are dangling one of the steepest discounts in recent memory to bond investors as they look to offload billions of dollars of debt that’s been stuck on their books for months.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticFed on Alert for One More Hik

• 

  Benzinga

  How To Collect $1,000 In Monthly Rental Income Without Becoming A Landlord

  Real estate stands as a cornerstone of wealth generation, and as 19th-century British philosopher and economist John Stuart Mill once, said, "Landlords grow rich in their sleep." Landlords don't merely collect rental income; they also reap the rewards of property value appreciation. While it's nice to collect monthly rental income from an investment property, being a landlord does come with hassles. Don’t miss: Investing in real estate just got a whole lot simpler. With as little as $100, averag

• 

  Reuters

  US retail sales, produces prices rise; jobless claims lower than forecast

  NEW YORK (Reuters) -A slew of U.S. economic data on Thursday showed stronger-than-expected numbers that stoked worries about sticky inflation and reinforced the view that the Federal Reserve is likely to keep interest rates higher for longer. U.S. producer prices rose 0.7% in August, compared with expectations of a 0.4% increase. U.S. retail sales also climbed 0.6% last month, against estimates of a 0.2% rise, while initial jobless claims for the latest week fell to 220.000.