Kevin Mazur / Getty Images / Robin Hood Billionaire investor Paul Tudor Jones told CNBC that the stock market could see a sharp rise in early 2021 due to the stimulus for the next financial year. Jones pointed to the stock-buying spring after the first excitement passed in the spring. …
Read More »History says Biden’s planned capital gains tax will put immediate selling pressure on stocks, according to Goldman Sachs.
Draw Anger / Getty Images Goband’s planned capital-gain tax could put immediate selling pressure on stocks, Goldman Sachs said. In a note on Friday, the firm explained that the last capital-gains tax hike in the 201 capital had resulted in the sale of about 100 100 billion worth of shares …
Read More »U.S. stocks appear third largest outflow in history as investors flee technology
Lucas Jackson / Reuters Bank of America on Friday said it would provide details of the inflow of funds into and out of the key-market sector, Bank of America said on Friday. Bank of America said U.S. stocks faced their third-largest fund inflow, with investors pulling .8 25.8 billion from …
Read More »A Wall Street chief strategist says he is considering buying dirty cheap ‘powerful microcap’ shares, which have done even better than their big-cap peers since the coronavirus crash
Michael Nagle / Xinhua / Getty Images Microcap shares perform just as well as some investors’ favorite, but at much cheaper ratings, James Paulsen, chief investment strategist at The Leuthold Group, noted in a note. The “powerful microcaps” outperformed their tech peers and even the S&P 500’s Growth Index, despite …
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