According to Pacific Investment Management Co. (Pimco), the dollar’s decline has only begun, “with room for the world’s reserve currency to weaken against emerging markets,” reports a recent Bloomberg article.…
Day: September 10, 2020
Gundlach Says Avoid the Bond Market and Trump Will Win
DoubleLine Capital CEO Jeffrey Gundlach said in an August call with investors that Trump will beat Joe Biden and advised avoiding short- and long-term bonds. This according to an article…
Morningstar Downgrades Buffett-Backed Fund
Morningstar has downgraded the Sequoia fund, a $4.2 billion fund that launched in 1970 with the support of Warren Buffett, from a bronze to a neutral rating, according to an…
Warren Buffett’s Life in Pictures
In honor of Warren Buffett’s ninetieth birthday, CNN recently published a collection of photos chronicling his life.
How Stocks and Bonds Have Responded Differently to Coronavirus Pandemic
A recent Morningstararticle offers insights regarding the divergent responses to the coronavirus pandemic by stocks and bonds. During the second quarter of this year, the article notes that global stocks…