U.S. business activity accelerates in March - S&P Global survey
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Tanker struck by projectile in Strait of Hormuz
Kolanovic: Q1 is High Point for Equities in 2023
March 27, 2023 2:05 PM EDTKolanovic: Q1 is High Point for Equities in 2023.
JPMorgan analyst Marko Kolanovic comments "Our view remains that Q1 will likely mark the high point for equities this year; we prefer low beta and are increasingly cautious on Cyclicals/Banks/Value. We view the most vulnerable areas as unprofitable companies that depend on steady flow of equity capital to fund operations and tight... More
Bitcoin acts as a safe-haven asset during periods of crises, claims Bernstein
March 24, 2023 11:37 AM EDTBernstein's Gautam Chhugani said Friday that Bitcoin acts as a safe-haven asset in times of crisis.
The analyst explained in a note titled "Bitcoin vs. Gold vs. Equities correlation in 3 charts" that the correlations have flipped for risk-off assets in the last few days since the US banking... More

