Reddit Rampages Will Go Global, Spread Across Asset Classes
“It’s the new normal,” he says. “I think we’re going to have to adapt to a world in which financial markets are no longer dominated by professionals."
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Bernstein: "Narrative Of Fear Out There"
Sudden demand for bonds signals exhausted investor sentiment as the world struggles to find post-pandemic normalcy. The next few weeks may get bumpy.
Jeremy Grantham: Meme Investing Is A Nihilistic Parody
"This is it guys, the biggest U.S. fantasy trip of all time," the legendary strategist says, blasting GameStop, Dogecoin and other viral securities.
Commonwealth, LPL: Jobs Still Opening Up, Workers Are Scarce Now
LPL thinks we could see 1 million jobs created a month for the foreseeable future. Commonwealth warns that it's the work force that can't keep up.
When Records Are A Mask For Fear
Look past the sunshine and lollipops, and you’ll find a growing sense of defensiveness. Investors are taking risk off the table as gains get grudging.
Goldman Sees Two Walls Of Worry For Wall Street To Climb
Taxes and interest rate dread will remain a drag on the market until the year ends . . . one way or another. After that, a real rally can begin.
Is Housing Due Another Crash? Shiller Says "Not Yet"
Robert Shiller predicted a modest correction ahead. But he also stated that the market is dealing with “aspects of a bubble" that will expand further.
