How a ‘leftist takeover’ of the Democrats could ultimately crush the bull market

A “black swan” in the investing world essentially means an unpredictable event resulting in extreme consequences. Unpredictability, however, hasn’t stopped Wall Street pundits predicting the next one looming over this bull market.

1: Private markets get clipped in the wake of disappointing IPOs from Uber UBER, -0.76% and Lyft LYFT, +1.56% as risk appetite dries up among investors. “Valuations will need to be dropped,” Deluard said. “Skeletons may come out of the closet of many a once-highly valued tech unicorn.” Overseas, Europe stocks SXXP, -1.06% are following Wall Street’s lead lower as their week gets underway on a soft note, while Asian equities ADOW, -0.26% closed mixed. Data showed that the Japanese economy enjoyed better-than-expected growth in the first quarter, though the Nikkei NIK, -0.43% got just a small lift. Chinese stocks SHCOMP, +0.43% ended lower.The buzz It’s a big week for biotechs, with three IPOs from the sector set to make landfall. Peloton Therapeutics, Ideaya Biosciences and U.

Democratic presidential hopeful Pete Buttigieg crossed over dividing lines when he took part in a Fox News town hall. “A lot of folks in my party were critical of me for even doing this. And I get where that’s coming from,” he said, before launching into a critique of two of the conservative network’s top hosts.

That, he warns, is where the problem lies. “What it says is there is an insufficiency of savings to absorb ever-larger budget deficits,” Hunt explained in a presentation posted on CMGWealth.com. “National savings is not staying at 3%, it is going to decline. Real investment is going to decline. It is possible the private sector will save more but that means there will be less consumption.”

elonmusk Most of which is deferred compensation from vested options. How much of that is forfeited if elonmusk doesn't meet $tsla operational & profitability objectives? Looks like we are telling half a story here.....

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Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

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