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Market News
October 14, 2021
Reports of the Death of 60/40 Funds Are Greatly Exaggerated
If 60/40 portfolios had a mind of their own, they would perhaps feel like Mark Twain when he read his own premature obituary.
October 14, 2021
Two Killed in Beirut Armed Clashes Over Port Blast Investigation
Gunmen opened fire on a protest organized by the Hezbollah militant group against the judge investigating last year’s deadly explosion at...
October 14, 2021
Lira Becomes Currency to Short as Erdogan Fuels Rate-Cut Fears
Lira watchers are back to bracing for currency turbulence as President Recep Tayyip Erdogan’s latest round of dismissals at the Turkish central...
October 14, 2021
IPOs Prove Hardier Than Stake Sales in Europe’s Volatile Market
Initial public offerings in Europe are outpacing stake sales for the first time since 2018, as new listings keep defying the recent market volatility...
October 14, 2021
Southern African Bloc to Keep Troops in Mozambique Indefinitely
Southern African Development Community troops helping to fight an Islamic State-linked insurgency in Mozambique’s Cabo Delgado province will remain...
October 14, 2021
Vladimir Putin Says He Accepts Crypto’s Role in Making Payments
Russian President Vladimir Putin signaled tolerance of cryptocurrencies, which are drawing increasing scrutiny from regulators around the world amid...
October 14, 2021
The Fate of Turkey’s Battered Lira Hangs With Local Investors
The Turkish lira risks falling out of favor with local investors, compounding a depreciation that’s dragged the currency to successive record lows...
October 14, 2021
Steel Demand to Increase Next Year Even as Energy Crisis Looms
Steel demand should climb again next year, even as a deepening energy crisis threatens the global economy’s recovery from the pandemic, according...
October 14, 2021