A Hongkonger who was lured to Southeast Asia and held captive at a “scam farm” in Myanmar since October returned to the city on Monday, as the government revealed that a security official would remain in Bangkok to continue efforts to rescue 10 other residents stranded in similar fraud centres in the region. The 29-year-old…
The S&P 500 should continue its bull rally into 2025, according to strategist Ryan Detrick. Historically, the S&P 500 often sees further gains after consecutive years of more than 20% returns. A strong economy and rising corporate profits support a bullish stock market outlook. The S&P 500 surged 26% in 2023 and is on track…
The S&P 500 has returned 26% so far this year. But with expectations sky-high, how long can the rally last? Some Wall Street experts warn of muted forward returns, and are making dot-com bubble comparisons. It’s been another banner year for the S&P 500 as impressive earnings and improving expectations have propelled the benchmark index…
BEIJING — China’s public and private sectors are accelerating efforts to boost domestic production of semiconductors, including cutting-edge devices, with the U.S. only expected to dial up pressure on Beijing in the second Trump administration. “China’s capacity to supply semiconductor products has significantly improved, and its companies have clearly become more competitive,” said Wang Shijiang,…
Goldman Sachs and JPMorgan predict relatively muted S&P 500 returns over the next decade. RIA Advisors’ Lance Roberts says the banks are right. High valuations and potential inflation could lead to lower stock-market returns, Roberts says. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the…
Millennium Management has lost money in just one year since its 1989 founding. The $69 billion hedge fund uses a strict trading strategy to make sure it consistently makes money. This trading strategy has helped founder Israel Englander become a billionaire. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
Ivan Scherman achieved a 491% return in the 2023 World Cup Championship of Futures Trading. He’s a quant fund manager who uses hundreds of models to execute trades across multiple assets. He emphasizes evidence-based technical analysis and risk management to minimize human error. Thanks for signing up! Access your favorite topics in a personalized feed…