JPM, LPL Double Down On The Reflation Narrative
To strategists at JPMorgan Chase, now is no time to doubt equities -- as long as Fed Chair Jerome Powell and President Joe Biden are in charge.
To strategists at JPMorgan Chase, now is no time to doubt equities -- as long as Fed Chair Jerome Powell and President Joe Biden are in charge.
In a cruel irony, higher real returns for investors will come with the price of higher risk in what was once the most secure asset class of all.
“If the blowout results can’t really move things higher, what can and what will?” asked Carter Worth, head of technical analysis at Cornerstone Macro.
This isn't a bubble, Booth says. But it's time for math to separate froth from fundamentals . . . and for "value" to regain its strategic importance.
Putting stock in hallucinogens might sound like a half-baked scheme, but Christian Angermayer credits psychedelics with his trip to the top.
While Buffett was reserved, Munger brought the piping hot takes, ripping Bitcoin and cryptocurrencies as “disgusting" and against civilization itself.
Another top Biden administration economic adviser said inflation now apparent in certain pockets of the economy is “transitory” as the pandemic ends.