In an interview with CNBC’s Market Alert, David Herro of Harris Associates reminded viewers that there’s always a lag effect to monetary policy. Though the Fed was “behind the ball,…
Day: October 7, 2022
Another Bear Market Rally Is Coming, Says Evercore’s Emanuel
Amidst negative investor sentiment and Bank of England’s promise to pour money into the bond market, Julian Emanuel of Evercore ISI says equities will see another bear-market rally soon. The…
Citadel’s Funds Gain Double-Digits During Volatility
All four of Citadel’s hedge funds have returned double-digits so far this year, far exceeding many of its peers in this volatile year. According to an article in Bloomberg, Citadel’s…
The October Witch: Pain in the Short Term = Progress in the Long Term
Spooky season is upon us, even on Wall Street: October has seen 7 out of the 10 worst days in stock market history. The panic is historical; in the 1800s,…