The chief economist of Moody’s Analytics, Mark Zandi, believes that Wall Street is severely minimizing the impact that the coronavirus will have on the economy and on President Trump’s reelection chances. “Right now, we don’t have a whole lot of confidence. I mean, he can’t seem to get on the same page with the experts, the CDC,” […]
The coronavirus epidemic continues to wreak havoc on the Chinese economy, as the country’s businesses — both large and small — struggle to resume operations. Recent government indexes indicate that manufacturers and service sectors have been slow to recoup. A review of the extraordinary measures taken by the government reveals the negative impact these initiatives […]
Australia and New Zealand Banking Group Limited (ANZ) analysts recently came to a conclusion that many, and especially those in the Pacific trading sphere, aren’t going to want to hear. “I think we all need to accept that China is slowing structurally — we use the word ‘structural,’ and really, we mean ‘permanently’,” said Richard […]
NBA star Shaquille O’Neal, more commonly known by his nickname Shaq, was one of the most, if not the most, dominant center ever to play the game of basketball. After earning nearly $300 million during his 19-year basketball career, Shaq has gone on to become a highly successful businessman. He was an early investor in […]
Jim Bianco, president of Bianco Research, is concerned about the Federal Reserve. Quoting boxing legend Mike Tyson, Bianco said, “Everybody has a plan until they get punched in the mouth.” Markets throughout 2019 moved along swimmingly, but Bianco believes the Fed hasn’t been truly tested yet. Bianco thinks that in 2020 the Fed will be challenged […]
Howard Marks, the well-known billionaire investor and the co-founder of Oaktree Capital Management, is warning against taking on too much risk in the ongoing bull market. Marks, while not predicting the outset of a bear market, is advising that investors should minimize their exposure to risk in 2020. “I think there are reasons to have […]
Jim Paulsen, chief investment strategist, for The Leuthold Group, thinks U.S. stocks could go up this year, but global stocks could go up faster. The S&P 500 notching another 15% in 2020 wouldn’t shock Paulsen in the slightest. What would shock Paulsen, he says, is if the S&P 500 ends up being the most lucrative […]
Investors have been anticipating a bear market for a while now. One such investor is hedge fund guru Stanley Druckenmiller. Druckenmiller started his own fund, Duquesne Capital, in 1981. He managed George Soros’s Quantum Fund between 1988 and 2000. Druckenmiller has identified three events that may finally tip this long-running bull market into a bear […]
Did you know that the majority of American stock market trading, valued at over $26 trillion, is actually done using computer algorithms, otherwise known as artificial intelligence (AI)? In fact, the robo-advisors of today are just the commercial evolution of automated investor systems that have existed in the stock market sector since the 1980s. For […]
Social media influencers are celebrities, experts, and pop culture personalities with large social media followings. Their followings are then monetized by selling access to their followers to major financial sponsors. By 2022 the influencer industry will be worth $15 billion. It’s worth $8 billion now. Kylie Jenner, the most profitable influencer, has 144 million online […]
