Goldman Sachs: A Quarter of Annual Buyback Volume Has Been Yanked; Credit Suisse: Hedge Demand Shows ‘No Faith in This Rally

A Quarter of Annual Buyback Volume Has Been Yanked, Goldman Says

Cash-conserving companies continue to rein in buybacks. Data compiled by Goldman Sachs Group Inc. shows that almost 50 U.S. firms have suspended existing authorizations in the past two weeks, according to a note from its strategists. The firm’s buyback desk estimates that $190 billion has…

Hedge Demand Shows ‘No Faith in This Rally,’ Credit Suisse Says

Investors are using the stock rally to reset hedges rather than chase upside, signaling little conviction in the rebound. The S&P 500 Index is up 17% from its March 23 close, after gaining in four of the last five days. But it’s been a turbulent time…

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World’s Biggest Wealth Fund Dragged Closer to Forced Asset Sales

Norway’s $950 billion sovereign wealth fund — the world’s biggest — is about to make history as it prepares to liquidate assets to cover government withdrawals.

Barrack Says Real Estate Collapse Will Take Hold in April

Real estate billionaire Tom Barrack, talks about the state of the commercial mortgage market and if the Federal Reserve is doing enough to help it. He speaks to Erik Schatzker on “Bloomberg Markets.”


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