Ray Dalio says cash is king right now, and don't own bonds
The billionaire investor says cash for now is one of the best places for investors to park their money.
Source: marketwatch.com
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Why Ray Dalio says cash is 'temporarily' good: 'I don't want to own debt'
The billionaire investor says cash for now is one of the best places for investors to park their money.
Source: marketwatch.com
Wall Street Frets Over Bank 'Dominoes' in Wild Day: Markets Wrap
(Bloomberg) -- Risk assets got pummeled as fresh turmoil at Credit Suisse Group AG days after the collapse of some American regional banks spurred a frantic rush for cover, evoking memories of the 2008 global financial crisis and bolstering speculation that major central banks will have to hit the brakes on tightening to prevent a harsher economic landing. Traders on edge hit the sell button on equities as a plunge in the Swiss lender’s shares ignited a financial industry selloff, engulfing even big names like JPMorgan Chase & Co. and Wells Fargo & Co. First Republic Bank led a rout in US re...
Source: swissinfo.ch
Family who exited De Beers for $5 billion taps Asia's rich
The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.
Source: mining.com