Greenlight Capital's David Einhorn just called the top in stocks, and gave 10 reasons why tech is in a bubble | Markets Insider

September 2 was the top in the stock market, hedge fund investor David Einhorn argued in Greenlight Capital's third quarter letter.

In Greenlight Capital's third quarter letter, Einhorn offered 10 reasons technology stocks are in a bubble that"has already popped." Einhorn admitted that his 2016 bubble call was wrong, and that this bubble call could be disproven. But he contended that investor sentiment is in the process of moving from greed to complacency, which is what happens just before it moves to worry and then panic.2020 has seen a surge in IPOs despite the COVID-19 pandemic, and"blank check" SPAC companies have been the preferred route for companies to go public. Just this week Jack Ma's Ant Financial Group said it2.

That’s a great article making me think that at least I am not alone. Although it seems I agree with one of the recently most unsuccessful investors which I am not sure is a good thing

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Earnings season is repeating a tech-bubble trend filled with counterintuitive market reactions, Bank of America says | Markets InsiderIt’s literally a tech bubble every year since 2013
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Industrial stocks tank after China sanctions Lockheed Martin, Boeing, and Raytheon over Taiwan sales | Markets InsiderThank you Lockheed Martin, Boeing and Raytheon! stay strong against the communists. china sanctioning US!!!
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

US election 'blue wave' will create a stock picker's market: Ronald Temple - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. One nation, one plan? Wow...that's seen in communist countries 😳 this isn't funny anymore!
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »