JPM Sees Unemployment And Slowdown Dragging Into 2021
Growth through 2021 will be weaker than previously projected, the researchers said, citing damaged balance sheets and state and local spending cuts.
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Howard Marks: Fed Only Thing Holding Treasury Market Up
The stock and bond markets' rally on Federal Reserve aid will backfire once the economy turns around, the Oaktree Capital founder believes.
Billionaire Marc Lasry: Market Not Pricing In Prolonged Recession
Much of the country's recovery hinges on an uptick in spending, and Lasry fears soaring unemployment and diminished confidence will delay the rebound.
Icahn Was Hurting On Oil, Now Hertz Goes Bankrupt
While Hertz has generated consistent growth in both price and volume over the last three years, virus-related disruptions raise doubts about survival.
Scaramucci Stung By Returns, Reallocates $290 Million To Other Hedge Funds
After a brutal start to 2020, hedge fund manager and ex-White House communications director Anthony Scaramucci is turning to the big boys for help.
Stock Pickers Should Be Winning. They're Not
March should have presented the perfect opportunity for stock pickers to profit from superior investing skills. As it turned out, few beat the index.
Mark Cuban: Market Overvalued During Pandemic
“I think the market is overvalued. I think it’s almost impossible to predict where consumer and corporate demand is going to come from."
