Hedge fund manager Bill Ackman is betting on the economy’s comeback, saying that not even the Delta variant of the coronavirus will derail it. This according to a recent article…
Tag: U.S. Economy
Sonders on the Stock Market’s Connection to the Economy
In a recent article on Charles Schwab, Managing Director Liz Ann Sonders discusses what she describes as the “nuanced relationship between the stock market and the COVID-19 economy.” Here are…
Mario Gabelli is Optimistic About the Economy
In a recent interview with CNBC, Gabelli Asset Management Company founder Mario Gabelli shares his outlook on the markets and economy. Here are highlights from Gabelli’s comments: “In terms of…
The Economy is Coming Back, But Looking Different Than It Used To
“The central reality of the economy in 2021 is that it’s profoundly unequal across sectors, unbalanced in ways that have enormous long-term implications for businesses and workers.” This according to…
JPMorgan’s Dimon Says Economic Boom Could ‘Easily’ Last into 2023
In his annual letter to shareholders released earlier this month, JPMorgan CEO Jamie Dimon predicted that the pandemic will end with an economic rebound in the U.S. that lasts into…
For the Economy, It’s All About the Near Future
The jobs numbers reported by the Labor Department earlier this month don’t matter, according to a New York Times article that reports the U.S. economy is at a “momentous inflection…
Felix Zulauf on ‘Crazy’ Policies, Bargains and Bitcoin
A recent Barron’s article offers highlights from an interview with Felix Zulauf–owner and president of Zulauf Consulting and retired Barron’s Roundtable member–that touches on markets, bond yields, China and Bitcoin.…
The Big Short’s Michael Burry Slams Lockdowns
Doctor-turned-investor Michael Burry, who bet against mortgage securities before the 2008 financial crisis, has condemned the coronavirus-related lockdown on social media. This according to a recent Bloomberg article. In a…
The U.S. Expansion is Still Going
In a recent Bloomberg article, columnist Nir Kaissar suggests that the current extended period of economic growth—albeit raising plenty of questions among some market-watchers—may have a ways to go. Kaissar…
David Tepper Says the Market is Not Overheated
The head of Appaloosa Management is “rejecting arguments that stocks are overvalued and believes there are still plenty of opportunities,” according to a recent CNBC article. Tepper says “any comparisons…