Not according to James Altucher, a best-selling author and former hedge-fund manager, who says New York City is “dead forever” because its residents face the reality of the coronavirus pandemic and what it means. for the fate of the Great Apple. ‘I love NYC. When I first moved to NYC, …
Read More »Stock market resembles ‘unfortunate Wile E. Coyote, running off the edge of a cliff’, says behavioral economist
MARKETWATCH FRONT PAGE Although the rally has bypassed probably the most important benchmark for stock markets in the world, the proximity of an all-time closing stop has made some investors uneasy to say the least. See full story. Companies are considering stock splits following the announcement by Tesla and Apple, …
Read More »Did Warren Buffett just bet against the US economy? His latest investment raises some questions
Warren Buffett has long been critical of gold as an investment, saying it “has no use” and that “magic metal” does not match “American mettle.” He once wrote that “Anyone who sees Mars will scratch his head” about how we treat the shiny game on this planet. However, the Berkshire …
Read More »Stock market resembles ‘unfortunate Wile E. Coyote, running off the edge of a cliff’, says behavioral economist
MARKETWATCH FRONT PAGE Although the rally has bypassed probably the most important benchmark for stock markets in the world, the proximity of an all-time closing stop has made some investors uneasy to say the least. See full story. Companies are considering stock splits following the announcement by Tesla and Apple, …
Read More »Buy in Europe, where stocks have ‘become brutal’, says fund manager
Three things have led Systelligence CEO Kevin Miller to move money from his fund management company to European equities and away from U.S. equities: The decline in the dollar, the underperformance of European equities this year compared to the US, and expected volatility copy in the elections in November. The …
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