Goldman Still Looking for $2k Gold
Goldman Sachs is raising its 12-month price forecast to $2,150 an ounce, up from its previous target of $2,000.
Recent
Faang Stocks Blindside Traders With $870 Billion Out-of-Nowhere Surge
“Growth and tech have seen a major reversal off the lows,” said Chris Harvey, head of equity strategy at Wells Fargo Securities.
Bridgewater Executive Says Commodities Are The Most Underused Inflation Hedge
Karniol-Tambour likes metals and carbon credits because they’re exposed to both cyclical strength and new measures aimed at combating climate change.
Flight From Risk Drives Biotech Stocks to Worst Start Since 2016
Few stocks have been hit as hard as biotechnology. Even after Friday’s broader market rebound, Nasdaq Biotechnology Index has fallen more than 14%.
The 60/40 Portfolio Has Worst Loss Since March 2020 on Fed
Both equities and bond prices dropped sharply in January as markets priced in a faster pace of interest-rate tightening during 2022 from the Fed.
ARK Short Sellers Make $999 Million to Eclipse All Gains in 2021
Bears who bet against ARK Investment Management exchange-traded funds have made a cool $999 million in 2022 so far.
When Cathie Wood Loses, He Wins, and It Started With a Tweet
The stray tweet stood out: Why not start a fund to bet against Cathie Wood...?
