With the major indexes trading around record highs, BTIG's Julian Emanuel is drawing a parallel to another euphoric time: 2000 dot-com bubble top.
"The participation is on a par with 2000, if not greater," BTIG's chief equity and derivatives strategist told CNBC's "" on Monday. "It's pushed valuations to an equivalent level to where they were in 2000." "It's a totally different interest rate environment, and there's a lot of cash on the sidelines. That wasn't necessarily the case," Emanuel said. "And if anything, the economy is waiting to accelerate, which we think happens on a global basis in 2021.". He speculates that the most-likely catalyst to spark a correction would be related to the coronavirus vaccine and distribution. He also believes the fallout would be temporary.
Biden Inc. exposed on live Ukrainian press conference. Part 2
Biden Inc. exposed on live Ukrainian press conference. Part 1
Nope, not even close.
LOL.
Lolz. How does CNBC not get sued for promoting irrational investing while robinhood is getting in trouble? 🤔
.... that means big investors will pull out leaving American workers investments to be consumed..... heed now... go to cash and protect your accounts.
As long as the fed continue buying bonds, we go up
Too much liquidity to fail
ShortLong no MarginsofSafety BigShort2 95% of companies being downgraded 92%+ of value being downgraded 91%+ are rated as Speculative Grade
“Because I’m shorting”
Until we should fear it
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