Dr. Burry has got another investor tip to give

Seoul (Bloomberg): Dr. Michael Burry shot to fame and fortune by betting against mortgage securities before the 2008 crisis, a trade immortalized in “The Big Short”. Now, Burry sees another contrarian opportunity emerging from what he calls the “bubble” in passive investment. As money pours into exchange-traded funds and other index-tracking products that skew toward […]

China may not retaliate for latest US tariff hike

Beijing: Beijing hinted Thursday it may break the cycle of retaliation in the trade war with the United States, as the punishing tariff battle threatens global economic growth. Last week China and the US exchanged the latest blows in the year-long trade dispute, with Beijing announcing it would hit $75 billion worth of US goods in […]