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...
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...
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...