Ryan Bushell’s Top Picks for November 12, 2024
Ryan Bushell, president and portfolio manager, Newhaven Asset Management
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Ryan Bushell, president and portfolio manager, Newhaven Asset Management
An elite private high school in Newport Beach, California, the home of bond-fund firm Pacific Investment Management Co., is making its own foray into the debt market.
Scott Kleinman, co-president at Apollo Global Management Inc., has warned markets not to get too comfortable with the current trajectory of inflation and interest rates.
Treasury yields resumed their rise as investors looked ahead to crucial consumer price data on Wednesday, which could further erode confidence in Federal Reserve interest-rate cuts next year.
El Salvador is offering to buy back dollar bonds for the third time this year as President Nayib Bukele gets a fresh lift from Bitcoin’s rally and the US election results.
Canada’s stocks benchmark crossed above 25,000 points for the first time as information technology stocks spearheaded the rally.
Canada’s main stock index briefly topped the 25,000-point mark Tuesday morning before pulling back but was still in the green thanks to a 25-per-cent gain in shares of Shopify Inc. after the e-commerce technology firm reported strong third-quarter revenue.
Germany’s new finance minister dismissed fears the political turmoil in Berlin will trigger a funding freeze, pledging the federal government will be fully capable of functioning in the weeks before February’s early election.
Kazakhstan lowered oil production sharply in October, with maintenance work closing one of its main fields, but still failed to meet its OPEC+ output cuts target.
Shares of fertilizer producer Mosaic Co. fell the most in 18 months after multiple hurricanes in the US and lower selling prices led to sharply lower-than-expected profit and sales.
The US dollar’s rally is gaining momentum a week after Donald Trump’s presidential victory, wreaking havoc on other currencies and pushing Wall Street strategists to brace for further gains.
ValueAct Capital Management has taken a $1 billion stake in Facebook parent Meta Platforms Inc., according to a person familiar with the matter.
Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as Neom, in the latest sign that the project is struggling to deliver on its ambitions.
Households’ inflation expectations declined slightly, the outlook for personal income held steady and workers are feeling more confident about the job market, according to a Federal Reserve Bank of New York survey.
Endeavor Group Holdings Inc. has agreed to sell OpenBet and IMG Arena in a management buyout backed by Ari Emanuel, with participation from OpenBet executives including Chief Executive Officer Jordan Levin.
Sean McNulty frets about not having enough time to work on his bench press. Raagulan Pathy is starting to think about buying an Aston Martin.