Weekly Wrap For The Week Ending August 26th, 2022

3 months ago0:31 mins

Weekly Wrap For The Week Ending August 26th, 2022

Key takeaways from this week:

  • China cut a key mortgage rate and introduced more stimulus in a bid to shore up its slowing economy
  • Pandemic darling Zoom reported its slowest quarterly revenue growth on record as it lost sales from small businesses and individuals even faster than it expected
  • UK imports from Russia hit a record low in June, and it was the first time the UK didn't buy any fuel from the country on record

And if you're gonna read one insight this week, make it this one looking at some investment ideas you can take from hedge funds.

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