Among the investors who have pushed the Dow Jones Industrial Average to eight record closes this month is Said Haidar, head of Haidar Capital Management. He’s as surprised as anyone about the ascent.
A few months ago, Mr. Haidar’s New York-based hedge fund was betting that a worsening U.S. economy and the trade war between the U.S. and China would weigh on stocks and send investors into comparatively safe assets such as U.S. government bonds. But while the economic data remains gloomy and trade talks drag on with little resolution,...
Anybody that can rigs anything they can. Power. Privilege. Propaganda. Profits. No Punishment.
Apparently, impeachment is good for the stock market.
😂😂😂.. investors are not shrugging off anything. The federal reserve 60billion a month liquidity injection and stock buybacks are keeping the markets afloat. Stop lying to your readers.
Approaching maximum employment, coupled with an unsustainable debt load is a recipe for economic disaster. I know it, anyone who studied economics knows it.
Just remember, it’s always the last one in that gets burnt.
Wait for it ...
When people get to bullish and don’t have a great defensive strategy most will get caught. Pullbacks are necessary in order for markets to continue higher. I’m very much looking forward for one now. Like most smart money
Yep.
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