Hints and tips:
...Since a painful 10 per cent correction between July and October, the S&P 500 has risen more than 25 per cent....
...Corrections will happen,” says Ashish Gupta, chief investment officer at Axis Mutual Fund....
...Nick Sanderson, chief financial officer at London-focused developer GPE is one keen buyer, and is looking for about £900mn of deals....
...Correction: Earlier this week we misspelt the surname of Christopher Waller, a governor on the board of the Federal Reserve. We apologise for the error....
...“My best guess is something during the second half of the year we could see a good size correction in equities if the Fed disappoints those who believe they will be cutting rates three times before year...
...Greg Jensen, co-chief investment officer at Bridgewater Associates, reckons US stocks may have to drop as much as 20 per cent from today’s levels to warrant a course correction, a view shared by Evercore...
...If by any chance there is an error please send the details for a correction to: typo@ft.com. We will do our best to make the amendment as soon as possible....
...There has been a collective eye opening that this could delay things,” said Alex Veroude, chief investment officer for North America at Insight Investment....
...Madhur Deora, Paytm’s chief financial officer, told the Financial Times the company would “focus on our performance . . ....
...“Everyone who is short is getting squeezed and that will push the market to another extreme, setting us up for another correction.”...
...Shares in Tesla fell 21 per cent, its worst trading day ever, with more than $82bn wiped from the electric carmaker’s market valuation, roughly the value of Morgan Stanley or Caterpillar....
...Rather, there are some expensive stocks where there could be a meaningful correction.”...
...“The Fed is telling investors it is OK to invest in risky assets,” said Andrew Slimmon, senior portfolio manager for Morgan Stanley Investment Management....
...On Friday, the Financial Times unmasked SoftBank, the Japanese investment group, as the “Nasdaq whale” whose options trading helped stoke an eye-popping rally in tech stocks before a vicious market correction...
...Keishi Hotsuki, Morgan Stanley’s chief risk officer, said this week. “Right now there is so much buying power in the market that it makes me nervous . . . about complacency.”...
...“I think the recent correction is super healthy,” Mr Chung said. “The risk is being taken out of [new listings] as we speak.”...
...Their latest row comes as stocks are in correction territory....
...Here’s Morgan Stanley: Most investors are now in our camp that the March lows will likely hold....
...The group warned that market moves will continue to be headline driven, mirroring an October correction that was fuelled by trade concerns and the Fed’s policy tightening....
...But it won’t be a crisis, just a correction.”...
...Morgan Stanley analysts said recent declines presented a buying opportunity for investors. “It is unnerving,” said Rebecca Patterson, chief investment officer at Bessemer Trust....
...UBS has Amazon’s digital assistant Alexa on customer service duty, JPMorgan is using robots (the invisible kind) to execute trades and Morgan Stanley has an AI fraud detection team....
...Luckily Spotify did not list publicly on Monday, when the benchmark S&P 500 fell into a technical correction. On Tuesday, a 1.3 per cent rally had taken the S&P back out of correction territory....
...SES , the Luxembourg-based satellite operator, has fallen after its chief executive and chief finance officer resigned....
...Military officers and veterans of the liberation war had become ever more concerned at the rise of Mrs Mugabe in Zanu-PF during the past three years....
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