Ackman: Massive Economic Boom OnThe Horizon
The investor also said that the Delta variant won’t derail the recovery. Ackman also said that higher inflation is likely to be a “new normal.”
The investor also said that the Delta variant won’t derail the recovery. Ackman also said that higher inflation is likely to be a “new normal.”
Open interest in at-the-money options that expired on the last trading day of the week may be the real culprit in last week's market gyrations.
Markets are equally divided on whether dollar deterioration is here to stay, but whichever star you follow, the rule is clear: don't fight the Fed.
"If only I knew then what I know now." This is especially true in the world of finance where time is the only commodity you can't buy when it's gone.
Bond King sees a "pretty substantial" fall in USD between deficits and inflation. Although he admits it will take time and not be a straight drop.
“In fact, we’ve never witnessed breadth this weak with major indices at all-time highs," says Mike Wilson, warning of rapid disappointment ahead.
Once again, the strategist sees storm clouds on the horizon, and with good reason. Everything from stocks to gold is in overheated territory.