Citigroup is about to make a big new hire for its trading business
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Hedge funds have been getting crushed, and it is hurting everyone else in the market - funds that might have snapped up bonds as their prices fell are steering clear, says Mark Heppenstall, chief investment officer of Penn Mutual Asset Management.
DALIO: 'China is having a heart transplant' - Everyone is trying to make sense of what's happening in China's economy right now. The billionaire founder of Bridgewater Associates, Ray Dalio, is no different.
Bill Gross says capitalism, like the sun, is dying - except it will take less than 5 billion years to blow up.
If you think China's stock bubble was nuts, look at what's now happening in its property market - FOMO is back, and it is driving ridiculous property price increases in some of China's largest cities.