Markets

Guggenheim co-chair warns investors to brace for ‘significant volatility’ in markets as election nears and virus goes unchecked

Guggenheim Securities’ Jim Millstein told Bloomberg on Tuesday that investors should brace for a period of significant volatility ahead. The co-chairman cited uncertainty around the election and the lingering covid crisis as sources of volatility. He also said it’s “obvious” there has been a bubble around technology stocks. Visit Business […]
Guggenheim co-chair warns investors to brace for ‘significant volatility’ in markets as election nears and virus goes unchecked
Markets

Beyond Meat’s scorching-hot IPO has shades of the dot-com bubble

Beyond Meat shares skyrocketed 163% during their first day of trading. The last time an initial public offering saw such a big pop was during the tech bubble. Beyond Meat has never turned a profit. Watch Beyond Meat trade live. Beyond Meat shares have been on fire since making their […]
Beyond Meat’s scorching-hot IPO has shades of the dot-com bubble
Markets

Stocks are trading in a way not seen since the peak of the tech bubble

Stocks are trading more independently of macro factors than at any point since 2001, according to Morgan Stanley. These types of market conditions are ideal for stock pickers, who make their living analysing company fundamentals and betting on single stocks. Stocks are partying like it’s 2001. They’re trading independently of […]
Stocks are trading in a way not seen since the peak of the tech bubble
US

Why bitcoin checks all the boxes of a bubble

Business Insider CEO Henry Blodget discusses the meteoric rise of bitcoin. He references a recent research note published by former Merrill Lynch chief investment strategist Richard Bernstein, who refers to the cryptocurrency as “bitcon.” Blodget walks through Bernstein’s assertion the bitcoin meets all five characteristics of a bubble: available liquidity, […]
Why bitcoin checks all the boxes of a bubble
US

Stocks are still the most attractive investment

Business Insider executive editor Sara Silverstein speaks with Brian Levitt, the senior investment strategist at OppenheimerFunds, who says that he doesn’t think the stock market is particularly overvalued. He points out that US equities are still trading cheap when compared to bonds, and argues that people are still fearful of […]
Stocks are still the most attractive investment
Markets

CITI: Global growth stocks are looking bubbly

Global growth stocks are looking expensive. Some may even call them a bubble. And given recent volatility in the likes of the Nasdaq and other growth-orientated indices, along with stretched market positioning, it’s got some asking whether the relatively small pullback earlier this month may be a sign of things […]
CITI: Global growth stocks are looking bubbly