Citi Strategist Says 10% Correction in U.S. Stocks Is "Very Plausible"
Levkovich simply sees upside getting tough from here but concedes that a massive decline is unlikely as long as the Fed remains alert and active.
Levkovich simply sees upside getting tough from here but concedes that a massive decline is unlikely as long as the Fed remains alert and active.
Gundlach suggests that he came to the pro-crypto conclusion after staying neutral on both gold and the dollar for the past six months.
Cooperman specifically pointed to the combination of the increasing national debt and the Fed pumping "free money" through the financial system.
While there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity.
The bond king apparently trades "stonks" once in awhile, although he wasn't happy about losing sleep watching people like Elon Musk rattle the market.
“Basically, the Chinese, Taiwanese, and Hong Kong defeated the virus and they haven’t borrowed money from their future,” the hedge billionaire says.
The speculative excesses that have defined this bull market hit new records with little fanfare last week. Get used to it, Goldman strategists say.