- Bloomberg
China Property Stocks Fall 20% From May High as Concerns Linger
(Bloomberg) -- China’s property stocks entered a technical bear market over concerns that Beijing’s efforts to bolster the sector are too small to end the rout.Most Read from BloombergBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopA Struggling Business Park Deals a Blow to Singapore's Regional Hub Ambitions‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-President SaysNvidia Tops $3 Trillion in Market Value
- Reuters
Banks face further loan losses from global office market slump - Morningstar DBRS
Banks globally will likely rack up further losses on office property loans as a bruising crash in valuations leads to more defaults, credit rating agency Morningstar DBRS said on Wednesday. Higher borrowing costs and a sharp fall in demand for office space as more people work from home has punished commercial landlords, increasing the risk of their bank loans going unpaid. Several lenders including Wells Fargo and JPMorgan in the United States and Deutsche Bank in Germany have set aside more cash to cover potential losses on office loans, particularly to cover exposure in the United States.
- InvestorPlace
3 Top Stock Picks from America’s Leading SMID-Cap Fund
There are small-cap funds, and there are mid-cap funds, and those invest in both. These are what you call SMID-Cap funds. Investors can find SMID-Cap top stock picks from these funds for the long haul. One of the best available is the Eaton Vance Atlanta Capital SMID-Cap Fund (MUTF:EAASX), an actively managed fund that allows its small-cap stocks to stay in the fund when they become mid-caps and mid-cap stocks to stay in after they become large caps. “This strategy evolved back in the early 2000
