The equities market seems to be positioned for the old adage “sell in May and go away” to come to fruition. That’s the finding of Nomura quantitative strategist Masanari Takada, who said a shakeout is coming as scheduled. Most of what are called commodity trading advisors are trend followers, and …
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U.S. stock-index futures fell by the most allowable for the day Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic. On top of that, a U.S. central …
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‘I think there are lots of troubles coming… There’s too much wretched excess.’ That’s Charlie Munger, vice chairman of Berkshire Hathaway BRK.A, +0.06% , sharing his thoughts on the current climate at the Daily Journal annual shareholder meeting on Wednesday. Munger, who serves as chairman for the Daily Journal along …
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