Page 9 - Brian Sack News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Provided by Dow Jones May 8, 2021 4:14 AM UTC Bitcoin once threatened to displace the dollar; now numerous competitors purport to do the same. Tesla Inc. was once about the only stock you could buy to bet on electric vehicles; now there is China's NIO Inc., Nikola Corp., and Fisker Inc., not to mention established manufacturers such as Volkswagen AG and General Motors Co. that are rolling out ever more electric models. But for assets across the board to fall would likely involve some sort of macroeconomic event, such as a recession, financial crisis, or inflation...

CIO PANEL DISCUSSION Chief investment officers of the Public Officials Benefit Association (POBA: Jang Dong-hun), the Teachers' Pension (Lee Kyu-hong) and the Korea Scientists and Engineers Mutual-Aid Association (Huh Sung-moo) will participate in a CIO panel discussion on May 12. Hyundai Marine & Fire Insurance Co.' Executive Director Jeon Kyung Chul will accompany them to the discussion. POBA　CIO　Jang　Dong-hun　(second　from　left),　Teachers'　Pension　CIO　Lee　Kyu-hong　(center)　and　SEMA　CIO　Huh　Sung-moo　(far　right) LP PANEL SESSIONS For the hedge fund segmen...

MONEYWEB app instead? The global recovery is now providing it with an even tougher test. By Emily Barrett, Bloomberg 16 Mar 2021  08:19  Image: Jeenah Moon/Bloomberg The 60/40 portfolio saw investors through the cataclysm of the pandemic. The global recovery is now providing it with an even tougher test. The strategy — an investing stalwart since it arose from Harry Markowitz’s Modern Portfolio Theory about a half-century ago — was already under pressure from the historic decline in bond yields. But the sharp move in the opposite direction is the more immediate threat, as recen...

The move, which aims to return its cash position at the central bank to more normal levels, will flood the financial system with liquidity and complicate Powell’s effort to keep a tight grip over money market rates.

Summer holidays abroad will be 'lost', warns travel industry Hazel Plush Travel industry leaders have spoken out in warning that summer holidays will be 'lost' again this year, if ministers prohibit international leisure travel until the entire population is vaccinated.  This morning, Transport Secretary Grant Shapps suggested that international leisure travel may not be permitted until autumn 2021, the deadline by which the Government aims to have offered the vaccine to every UK citizen.  A spokesperson from ABTA – The Travel Association, told Telegraph Travel: "If we wa...