Echoing the grave concerns of no lesser ‘maestro’ of manipulation than Alan Greenspan, Wells Capital Management’s Jim Paulsen notes that while the U.S. stock market has risen by about 3 times from its crisis low in March 2009; much of this advance has been against a backdrop of disappointing productivity gains… should productivity growth remain subpar, stock market risk […]
The multiyear run in major biotech stocks has not let up in 2015. Most of the large and mid-cap stocks in the industry are higher, but the smaller and lesser known names have also tracked them higher. In fact, several biotechs are up 200% or more so far in 2015.24/7 Wall St. ran a screen for the top five biotech […]
PAUL TUDOR JONES: Income inequality will end in revolution, taxes, or war by BusinessInsider.com : Thursday 06:14:19 CTCategories: markets, streamLegendary hedge fund manager Paul Tudor Jones II gave a dire warning about the growing gap between the rich and the poor in the US during a sold out TED Talk in Canada this week.“Now here’s a macro forecast that’s easy […]
This week, we take a hands-on look at the new iOS app Robinhood, a unique, mobile-first take on stock market trading that’s poised to be a big hit with millennials.Robinhood an apt name for the recently launched stock-trading app made by Robinhood Financial, Inc. — a company whose goal isn’t to rob the rich and give to the poor, but […]
This week, we take a hands-on look at the new iOS app Robinhood, a unique, mobile-first take on stock market trading that’s poised to be a big hit with millennials.Robinhood an apt name for the recently launched stock-trading app made by Robinhood Financial, Inc. — a company whose goal isn’t to rob the rich and give to the poor, but […]
U.S. stocks rose Monday even with another negative surprise, this time in the Empire State survey, one of the first pieces of data on March activity. The Empire survey, at 6.9 in March, was the weakest since November 2013, and well below the reading of 8 expected by economists.For the year, the divergence between the U.S. and Europe has been […]
Akin Oyedele
Mar. 16, 2015, 9:02 AM
2,783
Bloomberg TVJonathan GolubRBC Capital Markets is bullish on US stocks.”Non-U.S. markets are expected to see slightly faster earnings growth over the coming year,” RBC strategist Jonathan Golub wrote in a note Monday.”However, developed ex-U.S. has missed lofty expectations by a wide margin in each of the past four years.”Also, expectations for earnings growth in Europe have been sharply revised downward this year. Here’s […]
Billionaire Seth Klarman is a notorious investor who despite his uncoventional approaches always managed to achieve high returns. He founded Baupost Group in 1982 with around $30 million and since then the hedge fund grew to one of the biggest in the world and currently manages over $28 billion in assets. Mr. Klarman is very secretive about his strategies, which […]
Benchmarks snapped two-day losses to end in the green on Thursday as mixed economic data reduced fears about sooner-than-expected rate hike. Moreover, mixed economic data put the brakes on dollar rally yesterday. Meanwhile, financial stocks posted solid gains after Fed’s stress tests. However, decline in energy shares following oil price slump limited some of yesterday’s gains. The Dow and S&P […]
Art by Mike LucasAllergen Research has raised $80 million to help tackle the problem of peanut allergies, Brian Gormley reports for Dow Jones VentureWire. The company is developing a product that desensitizes patients so that accidental exposure to peanuts doesn’t cause a severe allergic response. Peanut allergy is one of the most common of food allergies, which affect 5% of children and 4% […]
