Record-Breaking Issuance From Unprofitable Companies: Alarming Or "New Normal?"
When unprofitable firms dominated the pool of equity offerings previously, the S&P 500 was either at the start of a bear market or already in one.
When unprofitable firms dominated the pool of equity offerings previously, the S&P 500 was either at the start of a bear market or already in one.
Over the past 6 weeks, Wood has managed to claw her way back. Her main fund has erased its losses for the year, a welcome milestone for her followers.
Kostin estimates that households currently allocate an outsized 44% of their assets to equities. That is only slightly below the dot-com-era peak.
Investors have spent years weighing the prospect of a sizable infrastructure spending bill. A breakthrough was welcome after weeks of strained talks.
Oil stocks are the cheapest equities by every measure because people hate them, said Tepper, who runs hedge fund Appaloosa and says he’s going long.
Burry has a haphazard relationship with Twitter. He doesn’t post frequently from his account, but when he does his comments can be controversial.
Active funds remain a small slice of the industry, and their assets make up just 3.4% of the overall ETF market. But that’s up from 2.7% a year ago.