"At the most macro level, the environment is still positive for banks ... to solid …
From a friend who is a client: Here are a couple of things I have been pondering. Market capitalization is pretty fictitious. It assumes that all the shares of a company are worth the price at which the last block sold. However, if you tried to sell …
Citi's Tobias Levkovich is increasingly worried that investors are getting a bit too excited about buying. Among other things, he notes that correlations between stocks are breaking down. In other words, stocks are increasingly trading …
Another chapter in the correlation saga. Stock pickers are giving up, the WSJ reports — with only 24 per cent of mutual funds focused on growth companies now beating growth indices this year, compared to 50 per cent on average between …
“Looking forward, the macro outlook is favorable and we remain focused on positioning ... we repurchased approximately $500 million of the Company's common stock, consisting of approximately $187 million of Class A common stock and …