After a rally in stocks since late March fueled on pure hope around the pace of economic recovery post the worst of the COVID-19 pandemic, the markets may be starting to cry out for their latest pound of flesh to keep stocks moving higher.
Who’s right: David Tepper or Nelson Peltz?
Tepper, the hedge fund titan who founded Appaloosa Management, said the stock market is the “second-most overvalued” he’s ever seen. In contrast, Nelson Peltz, the Trian Partners chief executive, told CNBC that...
U.S. stock-index futures turned lower Friday after a report said the Trump administration was moving to block shipments of semiconductors to China’s Huawei Technologies, prompting threats of retaliation and stoking fears of renewed trade tensions as the global economy struggles to emerge...
The market may be in better shape than Wall Street thinks.
The Leuthold Group’s Jim Paulsen believes investor angst over the coronavirus pandemic is overdone.
He predicts stocks will return to all-time highs sooner than it...
Bill Miller, founder of Miller Value Partners, disagreed Wednesday with the assessment made by other major investors about the market’s valuation being too high.
“If you look at the overall market … we’re trading around 17 times the consensus...
Despite a post-halving rise in bitcoin’s price Wednesday, the current value may not be enough to keep less-efficient miners operating, and that could shift market dynamics.
At press time, bitcoin (BTC) was trading up 2.3% over 24 hours at $9,106. The world’s first...
Billionaire hedge fund investor David Tepper told CNBC on Wednesday the stock market is one of the most overpriced he’s ever seen, only behind 1999. His comments sent stocks to a session low.
He also said some Big Tech...
Sell in May and go away is a common adage in the markets.
But the stock market, like everything else, has been disrupted by the coronavirus outbreak this year.
Stocks were at record highs at the start of...
Asian markets fell in early trading Wednesday, as investors took remained cautious as the world’s economies slowly start reopening from coronavirus-related shutdowns.
Japan’s Nikkei NIK, -0.48% dropped 0.8%, while Hong Kong’s Hang Seng Index HSI, -0.27% rose slightly. The...
Hedge fund manager Stanley Druckenmiller told the Economic Club of New York on Tuesday that stock market is historically overvalued.
“The risk-reward for equity is maybe as bad as I’ve seen it in my career,” Druckemiller said, according to...
