Larry Fink Joins Ray Dalio in Warning Against Sitting in Cash

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Larry Fink Joins Ray Dalio in Warning Against Sitting in Cash

“We don't talk about the pool of money that is still sitting here,” Fink said during a Bloomberg Television interview in Davos, Switzerland. “Our financial markets are up … “It feels stupid to own cash in this kind of environment,” Dalio said in a Bloomberg News interview in Davos. “It's going to be great for
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Anti-Trump FBI Agents' Missing Texts Found

The Justice Department's inspector general has recovered missing text messages from two FBI officials who sharply criticized Donald Trump, making them a flash point in the debate over the federal criminal investigation into Russian interference in the 2016 election. Inspector General Michael Horowitz
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A Normally Reliable Quant Strategy for Stocks Goes Haywire

Yet in a long-short Bloomberg index that bets on the most actively traded stocks, a hefty chipmaker presence has the gauge headed toward its best month since 2009. That semiconductor shares are rising so quickly despite a high turnover is an ominous signal, indicating that trigger-happy, short-term
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How the New Tax Bill Benefits Hollywood

The new tax bill has lots of bad news for Hollywood (like a $10,000 limit on the deduction of state income and property taxes), but it also has some wonderful perks.
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A Reality Check to Translate the Chatter of Davos

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Daniel Moss at dmoss@bloomberg.net. To contact the editor responsible for this story: Philip Gray at philipgray@bloomberg.net. Before it's here, it's on the
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