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BLOOMBERG Bloomberg Surveillance July 11, 2024

Thank you for being with us on this simulcast, Bloomberg Radio, Bloomberg Television worldwide. Tremendous news flow wrapped around the details of a worsening pandemic worldwide, and indeed across this nation. Also looking at markets off the faxing news, futures up 10, dow futures up the vaccine news, futures up 10, dow futures up. New low on the vix as well. Looking at the calendar, everybody is recalibrating. Weve got a major house recalibration of the equity markets out moment ago. Jonathan a...
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The value proposition for markets

The Globe and Mail Michael Mackenzie Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer sefa ozel/iStockPhoto / Getty Images “Buy stocks for less than they are worth and hold them as long as it takes for the market to appreciate how undervalued they are.” That’s the tenet that formed the inve...
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Spelman College nearing $250 million strategic funding goal

On Saturday, Dr. Mary Schmidt Campbell, the school’s president, announced they had reached 96% of their $250 million goal and rallied supporters to continue giving toward the strategic campaign, which is scheduled to end in 2024. In less than four years, the campaign has raised more than $240 million intended to support the college’s strategic priorities. “We have exceeded the expectations of what the world thought we could do,” Campbell said. “We’re going to take Spelman beyond th...
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The faceoff over value - VALUE INVESTING - Magazine | Asia Asset Management

An enduring investment strategy draws some brickbats but many push back Value investing is one of the most enduring and common-sensically persuasive of all investment strategies. Nonetheless, it runs into periodic bouts of bad press. An article in The Economist magazine in November 2020 declared that value investing was “struggling to remain relevant”, faced with issues related to the rise of hard-to-track intangible assets. It cited the value investing principles pioneered by Benjamin Gra...
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Big gains for NJ public-worker pension investments

Credit: (AP Photo/Mark Lennihan) File photo: The Charging Bull statue in New York’s financial district Investment returns for New Jersey’s public-worker pension fund have been soaring in recent months, providing some promising news nearly a year after the start of the COVID-19 pandemic triggered major losses. Preliminary figures reviewed by members of the State Investment Council during a meeting Wednesday indicated overall investment returns totaled nearly 15% for the first half of the cur...
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