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Day: April 29, 2018

A shift away from stocks and into safe haven trades could burn investors, PNC warns

PNC Financial’s Jeffrey Mills has a message for investors: Resist the urge to play it safe. The firm’s top investment strategist is concerned jitters are driving investors into less profitable or worse — losing — areas of the market. “Folks may have an inclination to do drastic things in portfolios to insulate themselves from higher …

A shift away from stocks and into safe haven trades could burn investors, PNC warnsRead More

A veteran investor changes his tune on tech stocks, saying fundamentals are ‘as good as I’ve seen’

A veteran investor is lifting his call for investors to lighten up on tech stock exposure. Paul Meeks, who’s known for running the world’s largest technology fund during the Dotcom boom, said recently the relative fundamentals of the group is now about “as good as I’ve seen.” “I like these stocks,” the Sloy, Dahl & …

A veteran investor changes his tune on tech stocks, saying fundamentals are ‘as good as I’ve seen’Read More

China eases restrictions on foreign ownership of securities ventures

China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions and launched an application process for more foreign ownership. The consultation period for the new rules that began in March is now over and the final regulations have been officially released for immediate implementation, …

China eases restrictions on foreign ownership of securities venturesRead More

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