In a cruel irony, higher real returns for investors will come with the price of higher risk in what was once the most secure asset class of all.
“If the blowout results can’t really move things higher, what can and what will?” asked Carter Worth, head of technical analysis at Cornerstone Macro.
Putting stock in hallucinogens might sound like a half-baked scheme, but Christian Angermayer credits psychedelics with his trip to the top.
Another top Biden administration economic adviser said inflation now apparent in certain pockets of the economy is “transitory” as the pandemic ends.
Here is a collection of reactions from the Wall Street community on the news of President Biden's proposed capital tax rate increase.