Government Spending Continues: Gundlach Warns Dollar Is Doomed
It’s hard to look at this latest $3.5 trillion spending proposal (on top of the trillions already spent) and not believe the bond king has a point.
It’s hard to look at this latest $3.5 trillion spending proposal (on top of the trillions already spent) and not believe the bond king has a point.
Dalio emphasized the principles required to be a quiet (but effective) impactful leader in his most recent Twitter thread. And leadership is success.
Her forecast would imply a slide of about 14% for the benchmark gauge of American equities from its current levels as earnings hit a wall.
The Nasdaq Golden Dragon China Index, which tracks 98 of China’s biggest firms, plunged 22% in July, its biggest drop since the 2008 crash.
Levkovich said there’s some potential for volatility and reiterated his views identifying four "disconcerting" catalysts as we look toward September.
The firm's updated price target also assumes that a version of President Biden's tax reform plans will get passed and start dragging on earnings.
With the best days seemingly behind ARKK, Tuttle Capital Management last week filed with the SEC for an ETF labelled as “Short ARKK ETF" or SARK.