“ “The investment challenge could well change in the coming months from going through an exceptional wave of liquidity, which raised virtually all asset prices, to going through a general price correction and complex individual defaults.” “ That is Mohamed El-Erian, Allianz’s chief economic adviser, speaking about what investors should …
Read More »Why has President Trump’s attitude toward the coronavirus been an “incredible gift” to investors?
“ “ Trump talking about the COVID-19 risk gave investors an incredible gift: It kept the markets resilient much longer than they should, and allowed us to ensure that our portfolio was positioned sensibly. ” “ That’s Axon Capital co-founder Dinakar Singh, winking at the president and his handling of …
Read More »Home prices could drop in major cities as Americans suffer from urban life, says Nobel Prize-winning economist Robert Shiller
Housing prices in major cities across the country could fall as a result of the pandemic. Drew Angerer / Getty Images The coronavirus pandemic has many Americans heading to the hills, or the suburbs, so to speak. And city home prices could decline as a result, says Nobel Prize-winning economist …
Read More »Netflix shares fall after UBS downgrade
UBS analyst Eric Sheridan downgraded the Netflix Inc. NFLX stock rating, -1.90% Neutral since buying on Tuesday, writing that while the company appears ready to report a strong June quarter as it continued to benefit from COVID-19 locks, investors appear to have valued these benefits in Netflix stock. Shares fell …
Read More »Tesla shares rise after Piper Sandler raises target price above $ 2,300
Tesla Inc. TSLA Shares, -3.08% They rose more than 4% in pre-market trading on Tuesday after Piper Sandler analyst Alexander Potter raised his stock price target to $ 2,322 from $ 939, writing “faster-than-expected stock earnings “and great opportunities in software. Although Tesla shares have shot up almost 260% on …
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