A recent Bloomberg article argues that after “blanking out the noise from American and European politics,” and pandemic news, the markets are signaling a “classic cyclical recovery.” The article outlines…
Tag: COVID-19
Vaccine a “Game-Changer,” According to JPMorgan
Strategists at JPMorgan Chase have upped their exposure to global stocks and retreated further from sovereign bonds, calling the recent positive vaccine news a “game changer” for markets. This according…
Bill Ackman is Hedging the Pandemic Again
After turning $27 million into $2.6 billion earlier this year by hedging against the pandemic, billionaire investor Bill Ackman placed a similar (although somewhat smaller) bet in early November after…
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…
Markets Expect Vaccine to Be Only Partially Effective
Hedge fund manager Dmitry Balyasny says stock markets are expecting a Covid-19 vaccine this year that is only 50% to 60% effective, “leaving room for some unloved equities to rally”…