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Crude climbs 3% after top Iranian military commander killed in Iraq
Stocks hit, while oil and gold rally, but investors reluctant to anticipate further escalation
From Goldman to Citadel, leaders are wrestling with change in US finance
Calpers is the latest big investor to pull back from stockpickers in favour of passive approach
Gap between valuations and profits looks stretched on Wall Street
Sentiment boosted after China’s central bank pumps $115bn into financial system
Chinese central bank actions buoy stocks, but outlook still cloudy
Cross-border listing scheme’s suspension comes as UK government criticises handling of HK protests
Berkshire shares underperform as investor passes on big deals, balking at prices
Modest equity gains, nerves over inflation and politics dominate the outlook
Investment strategies determined by price alone are creating systematic and chronic distortions
S&P 500 notches best annual gain since 2013
Markets scorecard: top performers of 2019 and the past 10 years
Hang Seng Index among world’s best performers as US-China trade truce cheers mood
Private equity groups spent more on deals in 2019 than at any time since the financial crisis
Two sectors at the heart of the crisis — household and financial — have undergone big changes
The S&P 500 gives up early ground on the penultimate trading day of 2019
Indicator that once warned of recession now at its steepest in more than a year
Spectres that could give investors a fright include US-China trade tension, tech IPOs and a Swedish teenager
At some point, when interest rates rise and asset bubbles burst, lenders will suffer
Fund assets balloon fuelled by low costs versus their actively managed counterparts
Fewest flotations in three years as trade war tensions and economic outlook bite
Key markets simmering during the thin trading sessions around year-end
Industry delivers 8.5 per cent overall return compared with 29.1 per cent gain for S&P 500
S&P 500, Dow and Nasdaq all close at record levels while oil approaches three-month high