“Central Banks Are Now de facto Guarantors of the Corporate Bond Market” Fears about the rising number of reopening coronavirus hotspots and economic threats were superseded by unbounded joy as the Fed announced it will buy secondary market corporate bonds direct[ly]...
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. dollar bulls. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency...
Billionaire Leon Cooperman on Monday said that the emergence of individual investors eagerly scooping up stocks that have been rocked amid the coronavirus-induced downturn will ultimately not end well for those individual investors. The ‘Robinhood markets are going to...
After markets tried to put on a show of stability late Friday, confidence has crumpled to start the week as the narrative points to a second guessing the V-shaped recovery in asset markets and concerns that Covid19 remains hard to tame. Jumpy price action since...
“Robo-advisors faced their first big challenge with the bear market in the first quarter of 2020. They lost, and that is an ominous sign for the future of automated advice. All robos employ a degree of active management. They deviate from the cap-weighted market...