Archive for May 2020
The stock market may get cut in half, but this ‘most undervalued’ asset is about to surge, billionaire investor says
Paul Singer, the hedge-fund billionaire behind Elliott Management, warned last month that the ultimate path of global stock markets is a drop of at least 50% from February highs. What’s an investor to do in the face of such a grim outlook? Load up on gold, perhaps. After all, according to a report this week from the Financial…
Read MoreThis year is lining up exactly like the 2000 dot-com bubble crash — stocks will drop 40% from here, former Goldman manager says
This year is shaping up exactly like the 2000 dot-com bubble crash and stocks will drop a further 40%, a former Goldman Sachs manager has warned. April produced the best monthly gains for the Dow Jones Industrial Average DJIA, -1.58% and S&P 500 SPX, -1.04% in 82 years — after the worst first quarter in history — and May has so…
Read MoreThe stock market may get cut in half, but this ‘most undervalued’ asset is about to surge, billionaire investor says
Paul Singer, the hedge-fund billionaire behind Elliott Management, warned last month that the ultimate path of global stock markets is a drop of at least 50% from February highs. What’s an investor to do in the face of such a grim outlook? Load up on gold, perhaps. After all, according to a report this week from the Financial…
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