Chinese banks are in the midst of mortgage losses amounting to $350 billion as the property and real estate market plummets and authorities grapple to control the mess.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW).
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies...
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons.
Alcoa Inc (NYSE:AA) is well known for being one of the world's largest aluminum producers, not to mention the unofficial opener of every earnings season.
Duke Energy Corp (NYSE:DUK) recently decided to stop development on a nuclear facility in Florida and to retire some coal assets. It's looking to build gas plants instead.