China Cuts Bank Reserve Requirements, But Chinese Stocks Drop As Beijing Locks Down Following Latest COVID-19 Outbreak – iShares China Large-Cap ETF (ARCA:FXI)

Kizzy D. Blount

The iShares China Large-Cap ETF FXI traded lower by another 1.7% on Friday as headlines about COVID-19 lockdowns in Beijing overshadowed China’s loosening of bank reserve requirements. What Happened? Large areas of Beijing were reportedly in a seven-day lockdown on Friday after the city reported more than 1,800 new COVID-19 […]

Money manager proposes anti-Cramer ETF

Kizzy D. Blount

Jim Cramer Tuttle Cash Management — which formerly introduced an trade-traded fund betting against Cathie Wood’s stock picks — strategies to debut the Inverse Cramer ETF with the ticker SJIM, reports Claire Ballentine of Bloomberg Information. Ballentine reports, “The host of Mad Money on CNBC is an outspoken and polarizing determine in […]