Gundlach: Powell No Superman, Buy Gold Instead
Powell’s “kryptonite” is negative rates, added Gundlach, adding that quantitative easing and zero rates have clearly not worked in the past.
Recent
"Buy Everything" Rally As Yield Curve Bends
Money managers caution that such an environment could fuel reckless investment already stoked by a flood of fiscal and monetary stimulus.
Massive Correlations Making JPM Anxious
The year’s lockstep in price movements holds across 30 assets. The JPMorgan analysis included the S&P 500, bonds, commodities, and emerging markets.
Cooperman: Day Traders "End In Tears"
"Gambling casinos are closed and the Fed is promising you free money for the next two years, so let them speculate," Omega CEO says. He added: "Let
Barclays: Don't Blame The Daytraders
“We have seen the opposite of the conventional wisdom—all else equal, more Robinhood customers moving into a stock has corresponded to lower returns."
Jim Cramer Stands With Buffett And The Bears
Noted cheerleader says daytrading "geniuses" had it coming for piling into the worst stocks in an overbought market.
Druckenmiller Humbled By Market Recovery
Billionaire says he should have trusted the Fed and animal spirits to lift stocks off their apocalyptic COVID lows even in a recession.
