Bizarre Stock Market Rally Leaves Wall Street’s Best Billionaires Dumbfounded

Wall Street billionaires have little intention of re-entering the stock market despite its strong rally. Carl Icahn’s failed $1.5 billion bet on Hertz shows why billionaires are cautious. Big cash-buffer at a time like this is necessary to rescue struggling businesses. Carl Icahn is the latest billionaire to be on the wrong side of the […]

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Stop Waiting for Another Stock Market Correction. Do This Instead.

Investors are patiently waiting on the sidelines for another downturn so they can buy stocks cheaper. What if it the correction never comes and the stock market goes back to all-time highs? Smart investors should at least consider the fact that we really are back in a bull market for stocks. Everyone is waiting for […]

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U.S. Stock Market Rattled as Millions of Jobs are Permanently Dead

Total unemployment claims in the U.S. since March total 36 million, with China exceeding 50 million and U.K. projected to see 12 million. Stanford professor Nicholas Bloom says 42% of lost jobs will not be restored. The U.S. stock market risks a deep pullback as investors fail to consider worse outcomes of the pandemic. Unemployment […]

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3 Reasons Why the ‘Greed’ Rally Courts a H2 2020 Stock Market Disaster

The U.S. stock market is surging, but lack of spending and record-high optimism leaves it vulnerable to a correction. Swiss pharma giant Novartis CEO re-emphasized that a vaccine is not likely to be ready in 24 months. A stock market researcher warns there is no money in the equities market. The U.S. stock market is […]

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Wild Stock Market Has a Bottom. That’s When the Panic Really Begins

The stock market is facing an “important test” according to Fidelity strategists. The S&P needs to hold 2,500 or stocks will careen back to the March 23 low, or even further. Morgan Stanley is confident we won’t go below that level and is aggressively buying the dips. We’ve just witnessed the fastest crash in the […]

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