Author: super@dmin
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The Tell: BofA clients bought equities again last week, driving biggest ETF inflows since 2017 in sinking stock market
Bank of America clients have been buying U.S. equities lately, even as the stock market fell, contributing ‘big’ inflows into exchange-traded funds last week, according to BofA Global Research.
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Washington Watch: This economist gives 5 reasons why crypto shouldn’t be regulated
While the collapse of crypto exchange FTX has spurred many U.S. lawmakers to call for new regulations, one economist offered a different take on Tuesday.
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Metals Stocks: Gold settles higher, silver books highest finish since April as dollar weakens after BOJ yield policy change
Gold prices settle at their highest levels in a week on Tuesday.
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The Tell: Are stocks cheap enough to buy? BlackRock says they are after a brutal 2022
BlackRock, the world’s largest asset manager, makes a case for why stocks look ‘cheap’ heading into 2023, even if earnings are a wild card.
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: After Tesla stock lost ‘critical battle line,’ shares plunge toward worst month, quarter and year in history
Evercore analysts Chris McNally, Doug Dutton and Isaac Avla on Tuesday slashed their price target on the electric-vehicle maker to $200 from $300
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: Phoenix Suns dealt to mortgage lender and former Michigan State basketball player Mat Ishbia for NBA-record $4 billion: report
Sale price set to surpass prior record of $2.35 billion paid for Brooklyn Nets in 2019.
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Washington Watch: Trump’s taxes: what to expect as House panel decides whether to release his returns
House Democrats could vote to release some of Donald Trump’s tax returns on Tuesday, bucking the former president and infuriating Republicans.
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Market Extra: Bond-market recession indicator may be flashing ‘false signal,’ says pioneering yield-curve researcher
Duke University’s Campbell Harvey said the 10-year minus 3-month Treasury yield spread which he pioneered as a model may be sending a “false signal.”
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SportsWatch: The Masters golf tournament will allow players who joined LIV Golf to compete at Augusta in 2023
Golfers who defected the PGA Tour and joined LIV Golf are eligible to play at the 2023 Masters tournament.
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: Broadcom’s $61 billion deal for VMware faces EU investigation
The European Union will investigate Broadcom Inc.’s acquisition of VMware Inc. for anticompetitive concerns, the EU’s antitrust watchdog announced Tuesday