Although developed some seventy years ago, the core beliefs of Modern Portfolio Theory remain as applicable today as they did then.
“Wells Fargo is simply ungovernable,” she said in the note, the latest in her lengthy campaign against the bank, which has been penalized repeatedly.
Wall Street’s fear gauges are sounding some alarms after the S&P 500’s worst week in almost three months.
Investors taking the easy road may be shooting themselves in the foot — and in droves.