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…
Tag: U.S. Economy
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…
Odds of Recession in U.S. are Modest, Higher in U.K.
While, historically, an inverted yield curve (short-term rates above long-term rates) has preceded the end of a bull market and the beginning of a recessionary environment, a recent Barron’s article…
Bill Gross Forecasts Below-Par Economic Growth
In a recent article for Barron’s, fund manager Bill Gross argues that investors have “resorted to ‘making money with money’ as opposed to old-fashioned capitalism when money and profits were…