If Biden’s broad lead in the polls is signaling a boom to investment strategists: Wall Street will now see fewer chances of a contested election and a more likely “Blue Wave” – Democrats take the House, Senate and White House – and heartfelt excitement could follow. Why it’s important: Bloomberg …
Read More »Billionaire ‘Bond King’ Jeff Gundlech says stocks will break, predict a weaker dollar and ask questions on Bitcoin in new interviews. Here are the 10 best quotes. | Currency News | Financial and business news
2011 Jeffrey Gundlech Co-Founder and Chief Executive Officer and Chief Investment Officer of Doubleline speaks at the 16th Annual Sohan Investment Conference in New York on May 25, 2011. Reuters / Jessica Rinaldi Billionaire investor Jeff Gundlach, known as the “Bond King”, predicted in a RealVision interview published on Friday …
Read More »Stock futures fell due to hopes of stimulus by Trump
U.S. stock futures traded lower overnight on Tuesday after President Donald Trump canceled stimulus talks following the November election. Dow futures were down 100 points. The S&P 500 futures and the Nasdaq 100 futures are down 0.53% and 0.5%, respectively. In regular trading on Tuesday, the Dow Jones Industrial Average …
Read More »Stock Futures Powell Comments, Wait ahead of economic data
U.S. Federal Reserve Chairman Jerome Powell’s scheduled visit to the U.S. on Tuesday outlined data on the economic outlook and trade deficit. There was a slight change in stock futures. Futures linked to the S&P 500 became a wave between small gains and losses. Nasdaq-100 contracts fell 0.2%. Both indices …
Read More »Kramer downplaces market drop on Trump coronavirus; Get the shopping list ready
CNBC’s Jim Kramer on Friday denied stock market declines over President Donald Trump’s positive test for coronavirus, suggesting investors may consider buying on pullbacks. “I’m not saying this is too much to do,” Kramer said on Squawk. “I say people should have a buy list ready.” Stock futures fell sharply …
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