Hedge fund manager David Tepper, in a CNBC interview this morning, rescued the market from a notably, and surprisingly (given the weekend stimulus news), down open.
Friday, March 5, 2021
Thursday, March 4, 2021
Wednesday, March 3, 2021
If you've been watching the price of gold lately, you might be wondering what's up, or why it’s down?
Allow me to answer with one simple 5-year chart.
You gotta love Wall Street! BofA analyst Stephen Suttmeier is out with a note stating that the buying of stocks with borrowed money (margin debt), while it's at an all time nominal high, is not excessive -- when you look at it compared to the total nominal value of the stock market.
Tuesday, March 2, 2021
So, the irony in the financial world today -- it's so thick, as they say, you can cut it with a knife.