Markets

An investment chief who crushed the market during the coronavirus crash sees the S&P 500 crashing 20% in the near term — but says investors should buy these 2 stocks on the dip

James McDonald, the CEO and chief investment officer of Hercules Investments, told CNBC on Monday that he expects a 20% S&P 500 sell-off in the near term. McDonald, who crushed the market during the coronavirus crash earlier this year, explained that the market is at a “tipping point,” and won’t […]
An investment chief who crushed the market during the coronavirus crash sees the S&P 500 crashing 20% in the near term — but says investors should buy these 2 stocks on the dip
Markets

US stocks slide as stimulus stalemate continues

US stocks slipped on Tuesday as a stalemate in fiscal stimulus negotiations continued. Initial results of the third-quarter earnings season kick off also failed to impress investors. JPMorgan and Citigroup reported quarterly results that beat expectations but were met with falling stock prices. A temporary pause in Johnson & Johnson’s […]
US stocks slide as stimulus stalemate continues