Markets

3 reasons why the S&P 500 could be headed for an imminent 48% drop, according to an investment chief who crushed the market during the coronavirus crash

The S&P 500 could be headed for a drop of up to 48%, according to James McDonald, the CEO and chief investment officer of Hercules Investments. McDonald said the new strain of COVID-19, historically elevated tech stock valuations, and already-priced-in stimulus leave the stock market vulnerable to a crash if […]
3 reasons why the S&P 500 could be headed for an imminent 48% drop, according to an investment chief who crushed the market during the coronavirus crash
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

An investment chief who crushed the market during the coronavirus crash says Trump’s positive test has him even more cautious on stocks — and shares his strategy for hedging

James McDonald, Hercules Investments founder and CEO, said President Trump’s positive COVID-19 test could “completely change the direction of the campaign,” and has added to his already cautious outlook on the stock market. The investor whose trading strategy led him to profit from the market’s volatility in March said he […]
An investment chief who crushed the market during the coronavirus crash says Trump’s positive test has him even more cautious on stocks — and shares his strategy for hedging