First Obama, Then Trump, Now They Say Warren Will Crush Stocks
“Strategists predicting the impact of a presidential election are worse than the pollsters,” Miller Tabak strategist says. "Best contrary indicator."
“Strategists predicting the impact of a presidential election are worse than the pollsters,” Miller Tabak strategist says. "Best contrary indicator."
The showman lets an important point slip. it's good to focus on the big-brain strategic picture but at the end of the day clients need to see results.
Chief investment strategist warns that failures in the repo market are anything but "random" in a world punctuated with negative yields and doubts.
Record profit despite setbacks is great. Record cash is a serious problem for someone who already owns vast amounts of all the major market elephants.
Some investors have not been put off by bitcoin's rollercoaster year, however, with billionaire PayPal cofounder Peter Thiel backing new ventures.
What Marks is saying here is that the future becomes more nebulous in the absence of a positive, risk-free rate of return. The risk floor rises.
The retired "bond king" opined that the interest rate play for the world is gone. There are no more interest rates to be lowered by central banks.