Private equity companies have done well in the past 12 months, helped by the robust inflows into alternative assets. The closely-watched Invesco Global Listed Private Equity ETF (PSP) has jumped by over 30% in this period and is hovering at its highest point since 2022. David Rubenstein’s Carlyle has trailed…
Li Auto (NYSE: LI) stock price has staged a strong recovery in the past few days, joining other Chinese EV companies like Xpeng and Nio. It has risen in the last three consecutive days, reaching a high of $24.75, its highest point since May 13, and 41% above the current…
PayPal (PYPL) stock price has done well this year, as we predicted a few months ago. It soared to $78.35 this week, its highest level since February 2023, and by over 55% from its lowest level in 2023. PayPal’s turnaround is underway PayPal, one of the biggest beneficiaries of the…
Chile’s producer prices saw their sharpest deceleration in five months this August, highlighting a shift in the country’s economic landscape. According to a recent report from Chile’s National Institute of Statistics, producer prices increased by 9% year-on-year—down significantly from the 14.5% rise recorded in July. The reduced growth is primarily…
France’s ongoing financial troubles are causing unease among its European Union partners and financial markets, as concerns mount that the vulnerability of its minority government could hinder efforts to stabilize public finances. This, in turn, poses a potential risk to the EU’s newly adopted fiscal guidelines. On Saturday, a new…
The US economy could be on course for a “soft landing” following the Federal Reserve’s recent 50-basis-point rate cut, according to Denis Coleman, Chief Financial Officer of Goldman Sachs. While concerns linger about a potential recession, especially in light of historical trends, Coleman believes that the reduced cost of capital…
In a recent interview with CNBC-TV18 during his visit to India, Jamie Dimon, CEO of JPMorgan Chase, underscored the escalating concerns surrounding global geopolitical instability. A year after first identifying geopolitics as a significant threat to the economy, Dimon reiterated that this instability is not only persisting but intensifying. Dimon…
Nigeria’s central bank surprised the market on Tuesday by raising its benchmark lending rate by 50 basis points to 27.25%. This is the fifth rate hike of the year and reflects the bank’s ongoing battle against inflationary pressures, despite signs of easing inflation in recent months. The decision, made by…
On Tuesday, the Brazilian stock market experienced a notable turnaround, with the Ibovespa index rising by 1.4% and surpassing the crucial threshold of 132,000 points. This resurgence followed five consecutive days of declines and reflects a strong positive reaction from investors to China’s recent economic stimulus measures aimed at bolstering…