by Lance Roberts | Oct 20, 2023 | alerts, Markets/Economy, Real Investment Advice
Restrictive monetary conditions, from higher yields and tighter lending conditions, are the Fed’s “Waterloo.” If you don’t remember, the “Battle of Waterloo” was fought on June 18th, 1815. The battle was a catastrophic defeat for the Napoleonic forces and marked the...
by BusinessInsider.com | Oct 20, 2023 | alerts, Markets/Economy
Leon Cooperman told Insider in an interview he thought stocks were overvalued. The billionaire investor said he didn’t expect the S&P 500 to hit a fresh high for a long time. Cooperman said a “rolling correction” was underway and house prices...
by Bloomberg.com | Oct 19, 2023 | alerts, Markets/Economy
Across-the-board miss on results, cautious call spark concerns Shares sink 9.3% on Thursday to lowest since Aug. 18 Tesla Inc.’s price cuts this year show customers are no longer willing to pay a premium for its vehicles. That raises a key question on Wall Street:...
by Bloomberg.com | Oct 19, 2023 | alerts, Markets/Economy
Elliott Investment Management founder Paul Singer said the world is much more perilous than markets are pricing in and that investors should be more worried. “The world is now completely dependent on the good sense of leaders to avoid an Armageddon,” he said,...
by Lance Roberts | Oct 17, 2023 | alerts, Markets/Economy, Real Investment Advice
Bloomberg recently penned a great piece on the “Law of Unintended Consequences.” To wit: “There is only one true law of history, and that is the law of unintended consequences. In the early 1920s, the University of Chicago economist Frank Knight famously drew a...
by Lance Roberts | Oct 17, 2023 | alerts, Markets/Economy, Real Investment Advice
Bond valuations are cheap. Psychology in markets is always fascinating. In February 2009, I wrote “8 Reasons For A Bull Market.” While in hindsight, it is easy to see that was the right call, overall, psychology was highly negative at the time. The arguments for lower...
