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Market Overvalued Now, Top Strategist Says
“We have very conservative earnings estimates. Part of that is because we don’t know what the tax regime is going to look like."
Hedge Funds Beef Up Tech Holdings Before Apple, Amazon Earnings
Their renewed interest reflects confidence in the earnings power of a group whose resilience has been underlined during the Covid-19 pandemic.
Bubbles Everywhere: Thanks, Central Banks!
If inflation rises and central banks are forced to dial back on easing, bond markets globally will feel the pain, perhaps even derailing recovery.
Tesla Joining S&P 500 Reminds Wells Fargo Of AOL
Why does Tesla joining the S&P 500 remind Wells Fargo Securities’ head of equity strategy of AOL and the dot-com boom and bust era?