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Pimco's Top-Performing 60/40 Fund Bets AI's Next Winners Are In Asia, From Chips To Rare Earths
Pimco's Top-Performing 60/40 Fund Bets AI's Next Winners Are In Asia, From Chips To Rare Earths
Emmanuel Sharef, who oversees Pacific Investment Management Co.'s flagship Balanced Income and Growth Fund, spoke with Bloomberg about how the next leg of the artificial-intelligence boom could be concentrated in Asian stocks and beyond.
Wealthy clients in Taiwan, Hong Kong, Singapore, and mainland China have been piling into the $19 billion fund, which has outperformed 97% of its peers during the past three years.
The fund is underweight most hyperscalers and members of the Magnificent Seven...
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Aug 10, 2026 / Tyler Durden
Commercial Chapter 11 Bankruptcy Filings Decrease Annually, But...
Commercial Chapter 11 Bankruptcy Filings Decrease Annually, But...
Authored by Naveen Athrappully via The Epoch Times,
There were 666 commercial Chapter 11 bankruptcy filings made in the United States in July, a 27 percent drop from a year ago, according to the American Bankruptcy Institute (ABI).
Chapter 11 bankruptcy allows a business to reorganize its debts so it can continue operating and eventually become solvent. In addition to a decline in Chapter 11 filings, overall commercial bankruptcy filings declined in July, falling by 8 percent year over year, ABI said in an...
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Mar 8, 2026 / Tyler Durden
US Energy Chief Says Oil 'Fear Premium' Over Iran Is Temporary, Says Prices To Fall In 'Weeks, Not Months'
US Energy Chief Says Oil 'Fear Premium' Over Iran Is Temporary, Says Prices To Fall In 'Weeks, Not Months'
Energy Secretary Chris Wright made the rounds on network TV Sunday to reassure viewers that the sharp rise in oil and gas prices due to the Iran war - which Trump has no problem sticking US consumers with for a while - would prove short-lived, and has downplayed the spike as a transient "fear premium" vs. a fundamental supply issue.
In conversations to CBS, CNN, and Fox News, wright emphasized that global energy markets remain well-supplied despite...
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Jul 31, 2026 / Tyler Durden
Senate Schedules Contempt Vote For Fauci
Senate Schedules Contempt Vote For Fauci
Authored by Zachary Stieber via The Epoch Times,
The Senate has scheduled a vote on holding Dr. Anthony Fauci in contempt.
The Senate Committee on Homeland Security and Governmental Affairs on Aug. 5 will consider a contempt resolution for Fauci. The resolution has not been released as of yet.
Dr. Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health, testifies before the Senate Committee on Homeland Security and Governmental Affairs in Washington on July 29, 2026. Madalina...
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