He must have a crystal ball!!!
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Billionaire investor Steve Cohen is not optimistic about the bull market’s futureAll good things come to an end. And in case you’ve forgotten — understandable, given the longevity of this bull run — that also applies to the stock market. Steve Cohen, the billionaire hedge-fund investor, is the latest high-profile Wall Street player to remind us the boom times have a shelf life. The real story here is the question on how SAC Capital has just raised $5 billion in capital after pleading guilty to securities fraud in 2013.
Source: MarketWatch - 🏆 3. / 97 Read more »
Steve Cohen says returns won't be very good over the next two years, bear market possibleBillionaire Steve Cohen sees the U.S. economy slowing and predicted a bear market is coming as early as 18 months from now, according to a report by the Financial Times on Wednesday. Vegastrader66 After MUCH higher blow off top Eventually one of these guys will be right. It’s a part of the business cycle. Well Democrats did win back a branch of Government
Source: CNBC - 🏆 12. / 72 Read more »