Fed’s Kashkari Says U.S. May Face 18 Months of Rolling Shutdowns
Kashkari warned that a V-shaped recovery is unlikely and a hard landing is more likely until we get either to an effective therapy or a vaccine.
Recent
Dalio: Cash Still Trash
Billionaire investor Ray Dalio is still making the case that U.S. dollars, perhaps, any currency, will prove a losing bet in this new era of COVID-19.
Why Howard Marks Is Still Defensive
Marks says that the unknown unknowns of the pandemic and its impact on economy are so great investors should practice cautious investing.
Gundlach Sounds Alarm on ‘Paper Gold’ ETFs Raking in Billions
“Paper gold” ETFs are little more than speculative vehicles, Gundlach said, and buyers should be aware that holding shares doesn’t mean gold bars.
Ackman Is All In On Recovery And Up 11% Last Month
“That’s about the most bullish thing we’ve done,” he says about big hotel bets. “We are all long. No shorts, you know, betting on the country."
Big Short Finally Pays Off For Buffett Disciple With 40% Win
He kept 50% of the fund's assets in cash and parked money in gold and silver over the last two years as stocks continued their record bull run.
2019 Was Bad For Active Management, 2020 May Be Worse
Most actively managed fixed-income funds also performed poorly relative to their passive indexes, including core fixed income and high yield.
