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Bullish market: Undaunted bulls keep shoveling money into stocks

By Lu Wang and Vildana Hajric Whether it’s heroic resolve or epic naiveté, stock investors are giving no indication that they are troubled by the worst volatility to land on the bond market in a year. In a week when a spike in Treasury yields pressured prices across the equity spectrum, U.S. exchange-traded funds consistently saw inflows -- including $2.7 billion at the height of the carnage on Thursday. All told in February, ETFs sucked in a cool $80 billion, four times the 12-month average...
Kim Forrest Vildana Hajric Leo Grohowski Etfs Bloomberg Lu Wang Cathy Wood

Prototype Graft Designed To Replace Damaged Heart Vessels Shows Promise In Cell Study

February 25, 2021 Researchers used a circular knitting machine to make a prototype of a replacement for a coronary artery. Image courtesy of Fan Zhang. Knitted vascular graft prototype shows promise in preclinical findings. By Laura Oleniacz In a proof-of-concept study, Raleigh, N.C.-based North Carolina State University (NC State) researchers reported promising preclinical findings for a prototype of a vascular graft designed as a replacement for a damaged or blocked coronary artery, which su...
Fan Zhang Lu Wang Laura Oleniacz Hakan Celik Yu Xie Martin King

Inflation scare is about to rewrite the stock market playbook

Article content For bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices. While there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity. Energy shares have been persistent winners during times of high inflation over the past five d...
Jerome Powell Tobias Levkovich Andrew Burton Getty Olivier Blanchard Andrew Lapthorne Lu Wang

From the Chat Room to the Board Room – Knowing Your Meme Stock | King & Spalding

To embed, copy and paste the code into your website or blog: What to consider to avoid a spiral, if your company is the next to go viral. The recent meteoric rise (and subsequent fall) of GameStop, AMC Theaters and a host of other “meme stocks” has prompted hedge funds, investment bankers, regulators and public company executives to critically re-examine their preparedness for extraordinary market volatility.  The meme stock phenomenon is unique in numerous respects that have been well doc...
New York United States Lance Lambert Catherine Thorbecke Heather Gautney Mark Maremont

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The GameStop revolution spreads

POLITICO Get the Morning Money newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 01/29/2021 08:00 AM EST Editor’s Note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is deliver...
United States Al Iskandariyah Chuck Schumer Ted Cruzr Texas Nancy Pelosi Joe Biden

Study pins down number of Americans with most common form of lupus

 E-Mail Just over 200,000 Americans suffer from systemic lupus erythematosus, or SLE, a condition in which the bodys immune system mistakenly attacks its own healthy tissues, especially joints and skin, a new study shows. Led by a researcher at NYU Grossman School of the Medicine, the study provides the first national estimate of how widespread the autoimmune disease is since the U.S. Centers for Disease Control and Prevention (CDC) set up a half dozen state registries to track the illness mo...
United States New York Ann Arbor United Kingdom W Joseph Mccune Peter Izmirly

A 'very young' bull market in stocks is still minting believers

A ‘very young’ bull market in stocks is still minting believers SECTIONS Last Updated: Jan 17, 2021, 10:21 AM IST Share Synopsis After recessions in 1992, 2002 and 2009, price-earnings ratios fell as growth resumed and stocks still managed to rise -- in each case with the help of Federal Reserve stimulus. Agencies By Lu Wang They know about the stretched valuations and everything that must go right to keep stocks aloft. And yet rather than shy away from frothy markets, plenty of investors a...
Lu Wang Markus Rudolf Nikolaos Panigirtzoglou Jim Paulsen Sam Stovall Robert Zuccaro

US stocks: At $29 billion, holiday stock spending shows no trace of fatigue

By Elena Popina and Lu Wang Americans may be cutting back on gift spending but in the stock market, their profligacy knows no boundary. A wave of buying that began two months ago shows no sign of abating, as soaring markets set records while stretching valuations and bullish sentiment. Investors sent $29.4 billion to US stocks in the week through Tuesday, the fifth-biggest inflow ever, according to data compiled by EPFR Global. Exchange-traded funds tracking equities, after luring $81 billion l...
United States Bill Callahan Stephen Dover Elena Popina Keith Lerner Matt Miskin

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