Read the original article on MarketWatch Warren Buffett’s Berkshire Hathaway Inc. BRK.A, -1.90% BRK.B, -1.98% unloaded more than a quarter of its stake in Wells Fargo & Co. WFC, -3.28% and about 61% of its position in JPMorgan Chase JPM, -2.63%, while acquiring a new position in Barrick Gold Corp. […]
Michael Gayed says he’s not trying to scare anyone, but you wouldn’t know it from his latest take. Back in May, the fund manager warned of the possibility of two crashes: first bonds, then stocks. With his ATAC Rotation Fund ATACX continuing to deliver the goods — it’s up almost 60% so […]
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. dollar bulls. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major […]
Outdoor living product maker The Azek Co. and online used car website Vroom are expected to be biggest deals of the week The U.S. initial public offering market is gearing up for another busy week with eight deals on tap expected to raise about $2 billion, led by Azek Co., a […]
A shortage of beef and pork could be a plus for two of the largest makers of plant-based meat. Beyond Meat Inc. BYND+8.85% and privately-held Impossible Foods Inc. are likely benefactors in the wake of closures of major meat-packing plants hit by coronavirus outbreaks. The evidence was on vivid display […]
Oil did something Monday that made even market veterans shake their heads in wonder — the thinly traded, soon-to-expire May contract for West Texas Intermediate crude on the New York Mercantile Exchange traded, and closed, in negative territory. “I’m not sure how to react to that other than say that nobody, whether […]