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Market News

Location American Market News for 29 August 2015
Irrational investors are panic selling instead of buying cheap Investors have failed to heed the mantra of Warren Buffett: 'Be fearful when others are greedy and greedy when others are fearful'
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The Fed's Stanley Fischer said there is "good reason" to think sluggish U.S. inflation will firm and move back toward the U.S. central bank's 2% annual target, touching on a significant assessment facing the Fed ahead of...
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For China, a Plunge and a Reckoning

Wall Street Journal - 29 Aug 2015 22:58
The stock market fall pierced the party's mystique of omnipotence. In an interwoven world, the crisis should spur Beijing to prefer compromise to bullying.
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Funds swoop to buy cheap stocks as global panic slashes values Some large deals have been made in the wake of China's 'Black Monday' market crash
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China's economic judders bring questions - and opportunity Panic in the country's stock markets generated global uncertainty
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The West is paying the price for decades of underinvestment Like the cricket that sang all summer, the West spent while China built, says Legal & General boss Nigel Wilson
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If we have a Lehman moment, the West must share blame with China Black Monday happened because of drastic and ultimately unsustainable measures taken by both Chinese and Western policymakers
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Rajan says prices aren't right in global asset markets Unprecedented easing by global central banks has helped drive up prices, says Rajan
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Forget Black Monday: the real stock market crash of 2015 The FTSE 100 had already suffered a 'silent crash' before this week...falling by more than 10pc
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Stock Swings Don't Shake Investors

Wall Street Journal - 29 Aug 2015 05:09
Stock indexes' wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money.
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'Alternative' Mutual Funds Providing Limited Protection

Wall Street Journal - 29 Aug 2015 04:10
As the U.S. stock market tumbled in the past three months, so-called alternative mutual funds didn't provide a lot of shelter.
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Hanergy Thin Film Power, the Hong Kong-listed solar energy business whose shares have been suspended since May 20 when a plunge in their price wiped out $19 billion of market capitalization in minutes, yesterday posted a...
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Chinese real-estate firms, among the country's heaviest dollar borrowers, aren't rushing to hedge their foreign-currency liabilities even as the surprise devaluation of the yuan adds to their debt load.
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A 'Black Swan' Fund Made $1 Billion This Week

Wall Street Journal - 29 Aug 2015 00:49
Universa Hedge Fund, a well-known 'black swan' fund, made more than $1 billion in profits in one week amid volatility.
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