UBS says disinflation may be the big surprise of 2023 — 10 stocks to play the trend
Investors can prepare their portfolios for growing disinflationary forces on the horizon.
China tightens media control with tiny stakes in two Alibaba units
State-backed entities have taken tiny stakes in parts of two Alibaba subsidiaries that oversee a video platform and web browser.
BHP says China is set to be a stabilizing force for commodities demand this year
China’s pro-growth policies and an easing of Covid-19 restrictions are expected to improve the difficult economic conditions of the first half, BHP said.
Veteran investor says ‘tech is dead,’ names safer stocks to weather the ‘current storm’
Michael Landsberg says it’s time for investors to trim the fat in their portfolios, and names five stocks to ride out the tough times.
Russian embassy tweets map that shows Crimea as part of Ukraine
A Twitter account operated by the Russian Embassy in Sweden posted a map identifying Crimea as part of Ukraine.
Treasury Secretary Yellen and China’s Liu He talk U.S. tech policy at their first in-person meeting
Chinese Vice Premier Liu He discussed U.S. tech policy toward China in a meeting with U.S. Treasury Secretary Janet Yellen, the Ministry of Commerce said.
Utility company executives acquitted of negligence in Fukushima nuclear disaster
A tsunami of the size that hit the plant was unforeseeable and the executives could not be held negligent, the Tokyo High Court said.
New Zealand Prime Minister Jacinda Ardern says she will not seek reelection
“While I won’t be contesting the election, I know the issues that impact New Zealanders most will remain the focus of the government through this year and into the election,” she said.
Investors are holding near-record levels of cash and may be poised to snap up stocks
Investor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market.
Morgan Stanley’s Slimmon says stocks will surprise Wall Street in 2023 — and names two he likes
Morgan Stanley’s Andrew Slimmon says he believes stocks are going to do “far better” than most expect this year.
