In today’s U.S. trading landscape, an alternative investment strategy to the traditional 60/40 portfolio is gaining attention. Alex Saunders and David Glass of Citi propose a portfolio allocation of 55% stocks, 40% bonds, and 5% bitcoin. This suggestion becomes more feasible with the introduction of spot bitcoin ETFs, offering easier...
On Monday, Tesla’s stock showed uncertainty, initially dropping after another downgrade before recovering to enter positive territory. By midmorning, its shares had stabilized. This downgrade, the fourth from a major brokerage firm this year, reflects a broader skepticism on Wall Street towards Tesla amid a slowdown in demand for electric...
Investor John Hussman is sounding the alarm on the current stock market, comparing it to historic bubbles like those before the 1929 crash and the peak in 2021. He warns that stock valuations now mirror those preceding past market downturns, signaling a looming correction. Despite the market hitting record highs...
Societe Generale predicts that ‘U.S. exceptionalism’ will be the driving force behind gains in the S&P 500, as per their latest analysis. They have revised their year-end target to 5,500, indicating a modest increase of just over 5% from current levels. This projection stands out as one of the most...
US stock indexes reached record highs on Wednesday after the Federal Reserve opted to keep interest rates steady and reaffirmed its forecast of three rate cuts for the year ahead. The S&P 500 (^GSPC) climbed 0.8%, closing above 5,200 for the first time at 5,224.62. Similarly, the Dow Jones Industrial...
The prior collaboration between tech titans Apple Inc. and Alphabet Inc.’s Google has already drawn federal regulatory attention, triggered by a multi-billion dollar search agreement that led to an antitrust lawsuit from the Justice Department. Now, with talks of another alliance, this time concerning Google’s Gemini artificial intelligence engine, concerns...
