That investment conclusion comes after a trip to the region by New York-based Henry H. McVey, KKR’s head of global macro and asset allocation.
Category: Finance News
KeyBanc downgrades Apple to sector weight. Here’s what the pros say
Pros on CNBC discussed Apple after KeyBanc downgraded the iPhone maker to sector weight from overweight late Tuesday.
House Republicans push IRS for answers on processing pause for small business tax credit
House Republicans are pressing the IRS for answers after the agency paused processing new employee retention tax credit claims. Here’s what to know.
Stocks making the biggest moves midday: Sunnova Energy, Cal-Maine Foods, Marathon Petroleum and more
These are the stocks posting the largest moves in midday trading.
These stocks are close to forming the dreaded ‘death cross’ — including McDonald’s and Wells Fargo
CNBC Pro found just under 20 stocks, from financial giants to restaurant operators, that are close to forming a death cross.
Private payrolls rose 89,000 in September, far below expectations, ADP says
The total was down from an upwardly revised 180,000 in August and below the 160,000 estimate from Dow Jones.
Stocks making the biggest moves premarket: Cal-Maine Foods, Intel, Apple & more
These are the stocks posting the largest moves in premarket trading.
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
“I don’t think we’re near the end of this move in the bond market,” the Bianco Research president told CNBC’s “Fast Money” on Tuesday.
Bill Gross says the surging 10-year Treasury yield could test 5% in the short term
One-time bond king Bill Gross believes Treasury yields have the potential to shoot even higher in the short run.
Pros are bullish on Nike after its latest quarterly results. Here’s what they say
Pros on CNBC discussed Nike after the company reported fiscal first-quarter earnings last week.