Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three
He is planning to visit the cia on saturday the day after he is sworn in as president. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im haidi lun in sydney. Up next is Bloomberg Technology. Caroline im caroline hyde. This is Bloomberg Technology. , thelue out with earnings stock dropped over 19 quarters. We will break down the earnings scorecard. Plus we will hear from a Silicon Valley veteran. Ceo joinsard member us with his outlook on the industry as donald trump takes office. Alibaba goes for gold. How it scored the biggest sponsorship deal in olympic history. But first, to hourly. Shares of ibm lower on the back of the companys fourthquarter earnings. The bloomberg terminal is showing how the trading afterhours is off by more than two percentage points. The Company Announced corley earnings that beat analyst estimates and the fullyear outlook for 2017 was better than forecast. Things like computer hardware and Software S
He is planning to visit the cia on saturday the day after he is sworn in as president. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im haidi lun in sydney. Up next is Bloomberg Technology. Caroline im caroline hyde. This is Bloomberg Technology. , thelue out with earnings stock dropped over 19 quarters. We will break down the earnings scorecard. Plus we will hear from a Silicon Valley veteran. Ceo joinsard member us with his outlook on the industry as donald trump takes office. Alibaba goes for gold. How it scored the biggest sponsorship deal in olympic history. But first, to hourly. Shares of ibm lower on the back of the companys fourthquarter earnings. The bloomberg terminal is showing how the trading afterhours is off by more than two percentage points. The Company Announced corley earnings that beat analyst estimates and the fullyear outlook for 2017 was better than forecast. Things like computer hardware and Software S
New National Security adviser after Michael Flynn resigned over line about his ties with russia. Donald trump has selected the r. Nant army general h. Mcmaster. Easees say china might Foreign Ownership limits on life insurance, potentially removing a drag on the business of local companies. The government could raise longstanding 50 on the local joint venture. Global news 24 hours a day, powered by 2600 journalists and analysts in more than 120 countries around the world. You are watching bloomberg. Caroline im Caroline Hyde and this is the best of Bloomberg Technology, where we bring you the top interviews. Coming up, snap pitching a stop to investors that comes with less shareholder control than any social Media Company before it. We will dig into the details. New deal for yahoo . We preview the offer that could finally and its long dance with verizon. And apple reaching new highs, what is behind the search and can it sustain . First, to our lead, potential investors are scrutinizing