Larry Fink: IPO Boom Will Create "Accidents"
DoorDash and Airbnb are only a symptom of unsustainable growth projections, BlackRock CEO warns the investment community.
DoorDash and Airbnb are only a symptom of unsustainable growth projections, BlackRock CEO warns the investment community.
Targeting 3,900 on the SPY really isn't doing anyone any favors, but in a deep post-COVID recession at least they aren't forecasting any kind of crash
“Secular bull markets tend to last 18 to 20 years,” Saut said. “I think people are way too cautious here. I think people are underinvested.”
The Bond King has been awfully quiet since calling the election. But he's reemerged to warn the world that, yes, the FAANG trade "may be" overdone.
The stark divergence in fortunes is part of a tectonic shift that’s seen investors favor ETFs over mutual funds for nine consecutive years.
Among his prescient calls were the dot-com bust and the demise of Lehman Brothers. In 2015 the streak ended with a 20% loss and he never recovered.
"I have four kids in their 20s," he notes. "They're so ready to get to see their friends, to get to restaurants, to go out and go crazy."