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OppenheimerFunds CIO: There won't be an economic recession for at least 5 yearsGrowing positive sentiment between the U.S. and China recently bodes well for stocks, says OppenheimerFunds' Krishna Memani. The people that are hating are at the top? How about a moral one? And there isn’t a “Severe Climate Change” because of fossil fuel ⛽️ or “Hydraulic Fracking” like Rep. Imhoff who threw a snowball on the floor of Congress, Clean Water & Clean Air R rights & should NOT B legislated by politicians, PERIOD!!
Source: CNBC - 🏆 12. / 72 Read more »
The S&P 500 could drop another 20% in the next 6 to 18 months, says Leuthold's CIOThere could be a lot more pain ahead for the stock market if Leuthold's Doug Ramsey's historical valuation comparison were to become a reality. And yest someone from ubs said spy to 3200. These stories and these guys are a joke This is just fear mongering if these people are so certain of a 20% drop in S&P 500 who is stopping from selling all their stocks today? Do you only look for negativity?
Source: CNBC - 🏆 12. / 72 Read more »
The Fed gave the market the language it wanted, Homrich Berg CIO saysFed Chair Jerome Powell is learning on the job and is 'increasingly sensitive to market participants' expectations of arguably one of the most powerful people in the country,' according to MKM Partners' Charles Campbell. Wall Street won’t be happy until the dollar is Monopoly money.
Source: CNBC - 🏆 12. / 72 Read more »
Bear market in stocks would be a catalyst for an economic slowdown, warns CIO Peter BoockvarThat kind of drop would alter consumer behavior, argues the chief investment officer at Bleakley Advisory Group. The Dow PE ratio is not indicative of a bear Market... what is going on here is the makeup of those who roam Wall Street... Gamblers, soothsayers, crystal ball readers, hand wringers, panic button pushers, day Traders, and your garden-variety jackasses
Source: CNBC - 🏆 12. / 72 Read more »
Split House and Senate could create unnecessary uncertainty, says Adviser Investments CIOCharles Bobrinskoy, Ariel Investments vice chairman, and Jim Lowell, Adviser Investments chief investment officer, discuss how investors should position their portfolios ahead of the midterm elections. The market will tank if the Dems take over the House.
Source: CNBC - 🏆 12. / 72 Read more »
Market sell-off was overdone and economy is strong, says Wells Fargo Global CIOEurope and Asia are slowing down, but 'I don't think the rest of the world can accelerate until the United States stabilizes,' Wells Fargo Global CIO Kirk Hartman said yesterday. He said the economy is strong and for now the U.S. is the place to invest. More biased bullish garbage from cnbc With the mess Wells Fargo had deliberately created, I don't believe I would listen too much of anything which a representative of their organization has to say... Thursday. It’s Sunday. Jeeesh. ReformedBroker
Source: CNBC - 🏆 12. / 72 Read more »
Morningstar’s $207 billion CIO was dumping US stocks before they got rocked during Red October — here are 2 under-the-radar global markets he’s buying insteadMorningstar’s $207 billion CIO was dumping stocks before they got rocked during Red October — here are 2 under-the-radar markets he’s buying instead
Source: BusinessInsider - 🏆 729. / 51 Read more »
Market experts reveal top 'bear market buys'David Katz, CIO of Matrix Asset Advisors, and Peter Andersen, CIO at Andersen Capital Management, discuss their bear market buys.
Source: CNBC - 🏆 12. / 72 Read more »