Why Bank Stocks Are Back
“The best is yet to come,” BofA analyst Erika Najarian wrote, as 2021 is likely to be a strong year for banks due to optimism about fiscal stimulus.
“The best is yet to come,” BofA analyst Erika Najarian wrote, as 2021 is likely to be a strong year for banks due to optimism about fiscal stimulus.
The predominant view among economists -– including, crucially, at the Federal Reserve –- is that it will be years before the U.S. has to worry.
Legendary investor Jeremy Grantham renewed his warning to investors that the market is in a "full-fledged epic bubble" that not even the Fed can help.
Buffett believes the cryptocurrency market is built on nothing more than hype, which would quickly unwind when investors realize what they own.
Peltz said his support for Trump was rooted in the president's economic policies, particularly around trade and U.S.-China relations.
The survey also revealed that recession fears linger. 32% of investors listed a recession as their top portfolio risk right now.
“Turns out a 10% or more gain in the final two months of the year has equaled a higher S&P 500 the following year every single time since WW II."