Investing.com -- Asset managers overseeing more than $20 trillion in assets are paring back their exposure to U.S. exceptionalism trades, according to Citi’s latest quantitative global macro strategy report. The bank analyzed positioning and directional scores from 15 of the world’s largest asset allocators.While equities remain broadly overweight, views on U.S. equities and small caps have be ...
Investing.com -- The Atlantic has released the full text chat regarding a strike on Houthis, which has caused controversy within the Trump administration. The chat involved Secretary of Defense Pete Hegseth, Director of National Intelligence Tulsi Gabbard, Central Intelligence Agency Director John Ratcliffe, and President Donald Trump. The officials have maintained that no classified information w ...
Investing.com -- The UK’s economic growth projection for this year has been revised to 1.0%, according to Finance Minister Rachel Reeves. The recent announcement, made on Wednesday, referenced the latest estimates from the Office for Budget Responsibility (OBR).This new forecast is significantly lower than the previously anticipated 2.0% growth for 2025, which was part of the OBR’s outlook pub ...
Investing.com -- The Ferrari (NYSE:RACE) Group (AS:FERGR), a key player in the niche luxury logistics sector, has attracted analyst coverage from leading financial institutions, with Goldman Sachs and Jefferies both initiating their coverage of the company’s stock. Their respective analyses flag the company’s strong position within the high-value freight forwarding industry and its ...