The U.S. will be in a recession by the second half of 2022, and investors should be prepared for a 30% decline, says David Rosenberg, founder of the economic consulting…
Day: May 10, 2022
Worst Environment For Stocks & Bonds, Says Tudor Jones
Paul Tudor Jones is calling the current environment “worse than ever” for investors, as the Fed raises interest rates and conditions tighten. The billionaire hedge fund manager was interviewed on…
Musk & Wood: Passive Funds Have Gone Too Far
In a Twitter thread, Elon Musk and Cathie Wood weighed in on the debate over the growing power of index funds, reports Bloomberg. Responding to a tweet from venture capitalist…
Berkshire Buys More Occidental Shares
Berkshire Hathaway bought about 5.9 million more shares of Occidental Petroleum Corp, in addition to the 14.6% stake the conglomerate previously held in the oil giant, reports Yahoo! Finance. The…
Katz: Buy Into Weakness
In an interview with CNBC Market Alert, CIO of Matrix Assets Advisors David Katz offered this advice to new investors who are just getting into the stock market: “Don’t get…
Netflix Is Now One Of The Worst Performing S&P 500 Stocks
With earnings season well under way, many big tech companies are posting losses; Amazon reported its first quarterly loss since 2015. But no company is taking the kind of beating…