Ed Yardeni: Investors Should ‘Go Global’ to find opportunities
Veteran strategist Ed Yardeni warns that U.S. stocks are overvalued and could “face a shock if Covid-19 cases continue to surge and ripple across the U.S., and tensions with China…
$500-million SPAC Planned by Billy Beane of ‘Moneyball’ fame
A special purpose acquisition company (SPAC) called RedBall Acquisition Corp., co-chaired by baseball executive Billy Beane, announced a plan to raise $500 million in an initial public offering. This according…
As Others Hedge, is Buying Bank of America Stock the Right Move for Warren Buffett?
Warren Buffett’s Berkshire Hathaway bought $1.73 billion of Bank of America stock between July 20 and July 30, bringing its holdings to 1.02 billion shares, worth more than $25 billion.…
Goldman Sachs: American Investors ‘Open’ but Skeptical about Buying European Stocks
The London-based team at Goldman Sachs has been approaching U.S. investors about buying European stocks, according to a recent article in Barron’s. “The good news is, they’re not hanging up…
Buffett’s Apple Stake Earns $40 billion since March
Buffett’s best-ever trade may be his move into tech giant Apple, which earned Berkshire Hathaway $40 billion since the market bottomed in March. This according to a recent article in…
What Peter Lynch, the Granddaddy of Stock Picking, Might Say To 3 Million New Robinhood Investors
Over 3 million new accounts were opened at Robinhood in the first quarter of this year – a resurgence in individual stock picking in the heart of the COVID-19 shutdown…
WealthTrack Interview: Bill Miller Shares Reasons to be Bullish
In a recent episode of WealthTrack, host Consuelo Mack talked with Miller Value Partners’ founder and CIO Bill Miller about the state of the market today and his outlook going…
Bill Ackman is Long-Term Bullish on America
In a recent interview with CNBC, billionaire investor Bill Ackman said he’s bullish on the U.S. and markets over the long term but added “I’m cautious on markets over the…