Independent thinking for complex markets and current events
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, predicts that Bitcoin could crash, while gold rises and oil falls, as he believes markets are in a dangerous bubble that will burst with major volatility coming in the final months of 2025.
Joni Teves, precious metals strategist at UBS Investment Bank, says macroeconomic factors are what “ultimately” drive gold prices despite rising geopolitical tensions. Teves says the “expectation that the US fiscal deficit is going to deteriorate, regardless almost of who wins the elections, is seen to be positive for gold over the medium- to long-term.” She …
Former Obama Chief Strategist David Axelrod: “Biden is not winning this race… it's more likely that he'll lose by a landslide than win narrowly.” pic.twitter.com/swoYHZfrsY — Benny Johnson (@bennyjohnson) July 7, 2024 CNN’s Van Jones calls Biden “detached from reality” pic.twitter.com/vtYqeNSoKf — Julia 🇺🇸 (@Jules31415) July 7, 2024
The real estate market is in for sharp correction with losses that could take a decade to recover from, strategist says A strategist says to brace for a steep correction in residential and commercial property prices. Chris Vermeulen says he sees a wave of real-estate distress on the horizon. Foreclosure activity could rise as the …
JPMorgan Chase chief global market strategist and co-head of global research, Marko Kolanovic, reportedly said last week in a mid-year outlook that the S&P 500 will drop almost 23% from 5,483 on June 27 to 4,200 by the end of 2024 amid an economic slump and headwinds like downward earnings revisions. US real gross domestic product increased …
NEW: Democratic strategist James Carville has meltdown, blasts young people for thinking about staying home and not voting for Biden. The panic is setting in. “You little f**king 26-year-old, you don’t feel like ‘the election’s important to me. They’re not addressing the issues… pic.twitter.com/k7rU9nzeeH — Collin Rugg (@CollinRugg) April 29, 2024
The internet has been left bitterly divided after a podcast guest claimed that men who make under $50,000 a year should not go on dates. Talitha Troupe, from Atlanta, appeared on a recent episode of the Pour Minds podcast alongside cohosts Andrea and Lex P – who do not disclose their last names. The dating …
NEW – Biden will pull out of presidential race over poor health, top JPMorgan strategist predicts: report pic.twitter.com/WFbYbFwf9z — Disclose.tv (@disclosetv) January 7, 2024 A JPMorgan strategist predicts Joe Biden will drop out of the 2024 race Joe Biden could pull out from this year’s presidential elections, says a JPMorgan strategist. Michael Cembalest said Biden’s …
by MrBuffaLou JPM trying to make some bag holders materialize. https://www.marketwatch.com/story/the-markets-in-a-funk-why-now-is-an-attractive-entry-point-for-long-term-investors-says-jpmorgan-strategist-67dd989a?mod=home-page Someone has to buy Jamie’s shares! https://twitter.com/joosteninvestor/status/1717270633095004487 #recession … #GFC2 US #Banks edition#Banking $BKX $XLF $KRE 📉 👀 https://t.co/rjNti9bQ6L pic.twitter.com/lu6acbDVfC — Invariant Perspective (@InvariantPersp1) October 29, 2023
by Dismal-Jellyfish source: https://www.marketwatch.com/story/china-evergrande-collapse-shows-need-for-1-trillion-beijing-rescue-plan-says-clocktower-strategist China Evergrande Group’s EGRNF, bankruptcy filing in New York on Thursday shows a need for Beijing to go big, and soon, to sop up the nation’s soured real estate market, says Clocktower Group’s Marko Papic. China’s second-largest property developer asked a Manhattan court on Thursday for protection from creditors under Chapter 15 of the …