“Fine wine and stamps as well as art and other collectibles as investments tend to be uncorrelated to tech company equities and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, chief executive of Aquaa Partners. REUTERS/Regis Duvignau/File Photo regis duvignau/Reuters Value investing is …
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U.S. stocks slumped in the final hour of trade Wednesday to end three days of gains, as investors monitored signs of a revival of the coronavirus pandemic in some U.S. states and China, while still hoping for a quick economic recovery as business activity resumes. Investors also parsed the second …
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Asian markets were mixed in light trading Friday following gains on Wall Street. Japan’s Nikkei NIK, +0.78% was about flat while South Korea’s Kospi 180721, +1.33% rose 0.3%. In China, the Shanghai Composite SHCOMP, -1.03% declined 0.6% while the smaller-cap Shenzhen Composite 399106, -1.94% fell 1.3%. Taiwan’s Taiex Y9999, +0.37% …
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MARKETWATCH FRONT PAGE You would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that it is looking like the end of the cycle. Yet Andrew Sheets, chief cross-asset strategist at Morgan Stanley, says there are late-cycle indicators in current markets. See full story. Delta’s CEO …
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You would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that it is looking like the end of the cycle. The S&P 500 SPX, +0.18%, for instance, has registered 12 record closes this year, climbed 15 out of the last 19 weeks and has gained …
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