Barclays Private Bank chief market strategist says bitcoin is ‘almost uninvestable’

Bitcoin’s bull run peak of nearly $40,000 caught the attention of many institutional investors — but Barclays Private Bank chief market strategist Gerald Moser doesn’t seem impressed. “While it is nigh on impossible to forecast an expected return for bitcoin, its volatility makes the asset almost ‘uninvestable’ from a portfolio perspective,” Moser told Financial News. […]

Jeremy Grantham says the market is in a bubble with ‘very seldom seen levels of investor euphoria’

Famed investor Jeremy Grantham on Thursday reiterated his warning that Wall Street is in a bubble as individual traders get “carried away.” “They’re becoming euphoric … They’re borrowing money. They’re trading more shares,” Grantham, co-founder and chief investment strategist at Grantham, Mayo, & van Otterloo told CNBC’s “Squawk Box Asia” on Thursday. In recent months, […]

Leon Cooperman sees ‘euphoria’ in parts of market, says he’s skeptical on long-term outlook

Billionaire investor Leon Cooperman told CNBC on Wednesday he believes the stock market will struggle to generate meaningful returns in the years ahead, following its robust recovery from pandemic-era lows in the last 10 months. “I think the near-term outlook is probably OK. Long term, I think that we’re borrowing from the future,” Cooperman said […]

The Stock Market Just Fired a Warning Shot at Stay-at-Home Stocks

Tuesday was a strong day for the stock market, with investors hoping that the near future could bring a much larger stimulus package that would help bolster the U.S. economy. Gains for the Dow Jones Industrial Average (DJINDICES:^DJI) were relatively modest, but sharper gains for the S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite (NASDAQINDEX:^IXIC) reflected widespread bullishness across the market. Index Percentage Change Point Change […]

The Stock Market’s Telltale Crash Signal Is Back

The stock market is coming off nothing short of an historic year. In no particular order, Wall Street and investors navigated their way through: The benchmark S&P 500 (SNPINDEX:^GSPC) losing over a third of its value in less than five weeks during the first quarter. A record-breaking snap-back rally from the March 23 bottom that allowed the S&P 500 […]