Tag Archives: CIO

Why One CIO Is Waiting for ‘a Solid Panic’ in the Stock Market

Why One CIO Is Waiting for ‘a Solid Panic’ in the Stock Market

(Bloomberg) — The stock market has staged a ferocious rebound in the past week after almost falling into a bear market. Don’t get too excited about that, says Victoria Greene, founding partner and chief investment officer at G Squared Private Wealth. Most Read from Bloomberg Greene joined this week’s “What Goes Up” podcast to talk about why she doesn’t think the selling is over, and to give her perspective on the outlook for oil and energy stocks. Below are lightly edited and… Source link

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April inflation will be the ‘high-water mark:’ Deutsche Bank Wealth Management CIO

April inflation will be the ‘high-water mark:’ Deutsche Bank Wealth Management CIO

San Francisco Fed President Mary Daly told Yahoo Finance Live in an exclusive interview on Thursday that she sees the case for interest rates to move ‘expeditiously’ higher in order to pump the brakes further on surging inflation. And with the Fed growing increasingly hawkish in its endeavor to lower prices, uncertainty remains as to when month-over-month inflation will turn around. Deutsche Bank (DB) Wealth Management CIO for the Americas Deepak Puri believes that prices are currently at… Source link

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A new world order for the stock market is coming, explains BlackRock CIO

A new world order for the stock market is coming, explains BlackRock CIO

Making money in the stock market will likely look different over the next few years compared to the low interest rate era seen from the end of the Great Financial Crisis, says BlackRock’s CIO of U.S. fundamental equities Tony DeSpirito. “It’s a really big deal,” says DeSpirito on Yahoo Finance Live. DeSpirito explains that since the end of the financial crisis, the economy has experienced very low growth, very low inflation and very low rates. But those factors largely ended during the… Source link

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Supply chain issues will ease ‘later this summer:’ Cetera CIO

Supply chain issues will ease ‘later this summer:’ Cetera CIO

The Federal Reserve met last Wednesday, Jan. 26, holding interest rates near zero but reiterating its intentions to raise them later this year in an effort to quell record inflation. One factor contributing to the surging inflation levels continues to be global supply chain issues — a problem that the Fed does not have a significant amount of influence over and one that may extend well into 2022. According to Cetera Investment Management CIO Gene Goldman, however, the easing of supply-chain… Source link

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Cryptocurrencies are a durable asset class with real upside: BlackRock fixed income CIO

Cryptocurrencies are a durable asset class with real upside: BlackRock fixed income CIO

Count Rick Rieder, BlackRock’s chief investment officer of global fixed income, as a believer in cryptocurrencies.  “I think it could have some real upside. My sense is there are more buyers than sellers. It’s an asset class that I think is durable,” Rieder said on Yahoo Finance Live.  Rieder revealed he owns “small pieces” of crypto in several of his bigger portfolios, and compares the positions to owning stakes in venture capital firms.  “Quite frankly, I am glad I do [own crypto]. This… Source link

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Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey

Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey

(Bloomberg) — Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process. Bitcoin and many others in the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 12:20 p.m. in London on Sunday, according to pricing data from CoinGecko, though No. 2 Ether was slightly higher…. Source link

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