Is Anything Hotter Than Banks Right Now?
(Nasdaq) While spiking Treasury yields sent the Nasdaq Composite tumbling over the past month, the banking sector has continued to outperform.
(Nasdaq) While spiking Treasury yields sent the Nasdaq Composite tumbling over the past month, the banking sector has continued to outperform.
Doll will retire this month, ending a 42-year investment career that effectively redefined the "strategist" role at Merrill and BlackRock.
In the high-quality corporate bond market, the downgrade cycle appears to be over, he said. "The upgrade cycle has probably started to get underway."
He believes that bonds are in a bubble and expects the prices of gold and silver to skyrocket. However, he still sees a crypto ban on the horizon.
SPAC King remains chairman but his eagerness to sell below $15 does not set a good example for those holding smaller stakes. Time to exit?
Faked headlines and press releases are no way to steer a multi-billion-dollar stock through already unsettled market conditions. Step up, SEC!
Ackman is also grandiose, controversial and even a bit odd. Betting on the death of fellow shareholders might simply be a rhetorical flourish.