…news of an effective COVID-19 vaccine broke. This according to an article in Business Insider. During a talk at the Financial Times’ Dealmakers Conference, Ackman argued that the vaccine news…
Search Results for: covid-19
If Not Now, When Will Value Return?
…has been “driven by the lack of a recession.” The current Covid-related recession, it argues, “has ended the longest and most shallow expansion on record in the U.S.” The market’s…
Berkshire Hathaway Reveals Stakes in “Big Pharma” Stocks
…during and after the coronavirus pandemic. Indeed, Pfizer announced last week that its COVID-19 vaccine had proven extremely effective in a late-stage trial, raising hopes of a faster return to…
Appetite for Niche Funds Boosted by Pandemic
Hoping to profit on ways Covid-19 will “upend” the economy, investors are channeling money into “thematic” funds that track trends such as cybersecurity, green energy and health technology. This according…
Four Things Buffett Does Most Investors Couldn’t or Shouldn’t Do
…major airlines coming into this year. He sold every one of them during the COVID shutdown on fears their businesses would be permanent damaged or the U.S. Government was going…
For First Time in Decade, Central Banks Sell Gold
…The article reports that total gold supply dipped by 3% compared to last year as mine production remains depressed “even after Covid-19 restrictions were lifted in producers like South Africa.”…
GMO’s Jeremy Grantham on What America Needs Now
GMO founder Jeremy Grantham recently wrote that “the combination of depressed economic growth, rising inequality, negative real interest rates and now the economic impact of Covid-19 makes this the most…
Value Bulls Were Hoping for Democratic Sweep
…averages in the seven months after the election, regardless of which party wins. It stipulates, however, that the surge in Covid cases “doesn’t bode well for a recovery in economically…
Brown University Became Top Endowment in Ivy League
…Covid-19 health measures while revenue from enrollment has shrunk.” Brown’s administration reportedly expects as much as a 13% deficit in its total operating budget for the current fiscal year, which…
The Market Bubble Will Burst, Says Jeremy Grantham
…by investors which, he said, “was not lacking in the rally off the COVID low.” “My bet,” said Grantham, “is that reality will catch up with the high P/Es.” Other…