A Season When Market Timing Was Everything
One stark statistic in an otherwise flat 2020 focuses on the penalty a "tactical" investor incurred by sitting out the biggest single-day gains.
One stark statistic in an otherwise flat 2020 focuses on the penalty a "tactical" investor incurred by sitting out the biggest single-day gains.
"I have money on the sidelines and I missed the last rally of the last three weeks. I'm not putting it to work," the Allianz bigwig says.
Warren Buffett's Apple stake is now worth an astounding 20% of Berkshire Hathaway's market capitalization. Talk about the tail wagging the dog.
Billionaire says younger market operators treating stocks as entertainment "will end in tears." They don't like him either.
“Incredibly, we saw nearly a third of all investors over 65 years old sell their full equity holdings,” says LPL's senior market strategist.
Wall Street heavyweights from PIMCO to AllianceBernstein say it’s a problem that’s bound to return, but others like UBS see deflation ahead.
The $1 trillion pile of cash that investors amassed amid the pandemic-fueled market turmoil may determine the length of the risk rally.