Billionaire Mark Cuban explains how stock-market bears feel about bulls: ‘I don’t think they are really factoring in what they are going to see on the other side’ of coronavirus

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

“Long term, I’m hopeful; short term, I’m uncertain,” Mark Cuban says of the economy and stock market.

— Mark Cuban That is Dallas Mavericks owner and billionaire Mark Cuban, explaining his skepticism about the market’s recent bullish tint, despite the COVID-19 pandemic.

Cuban’s comments came as S&P 500 index SPX, +3.40% technically entered a bull market, having now risen 20% from the recent low put in on March 23. Amazon has gained 10.6% this year, while Amazon is up nearly 15% in the year to date, according to FactSet data. By comparison, the S&P 500 is down 15%, the Dow Jones Industrial Average DJIA, +3.44% is off 18%, and the Nasdaq Composite Index COMP, +2.58% is down 9.8% thus far in 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

All gold and cash baby! Maybe a little of bit Netflix and Beyond Meat!

No shit Mark

SizweDhlomo I don't like this guy , he's dumb

Mark is not a market guy ... why would they ask him ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook CEO Mark Zuckerberg matched with his wife's friend while researching dating apps - Business InsiderFacebook CEO Mark Zuckerberg matched with his wife's friend while researching dating apps “Researching” His wife's boyfriend, you mean. It's never too late to change!
Source: BusinessInsider - 🏆 729. / 51 Read more »