This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more
Frankfurt was ready to celebrate. Only a year after the 2016 Brexit referendum, the vast majority of US banks had set up their EU hubs in the German city. International school places were being block-booked ahead of relocations from the UK and property prices were rocketing. But the French government had other ideas. Emmanuel Macron, victorious … Read more
Garantex’s international pipeline helps defy Treasury sanctions by channeling rubles to crypto to dollars. Customers line up with bags of cash. The Moscow tower that is the headquarters of Garantex, a Russian crypto exchange. yuri kochetkov/European Pressphoto Agency Source link
The real estate division of PGIM, the $1.3tn US-headquartered asset manager, has launched an innovation lab, partnering with University College London and other global institutions to develop new technologies. The lab, RealAssetX, will tap more than 50 years of data from PGIM Real Estate — as well as from third parties — to develop new technologies … Read more
When Will the Fed Stop Raising Rates? That’s the Trillion-Dollar … The Wall Street Journal Source link
The 11% Yield That Isn’t in Your Mutual Fund The Wall Street Journal Source link
A Crypto Mystery: Who Controls This Fast-Growing Stablecoin? The Wall Street Journal Source link