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It’s time for investors to stop buying stocks that are “incredibly decoupled” from reality, economist warns

“ “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 …

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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 …

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