The world's biggest investors are notoriously skeptical of the stock market's bet for a quick economic recovery — and warning that the 'fantasy' rally will soon come crashing down
These legends have lived through multiple stock-market crashes. Now they're sounding the alarm at the risky behavior they're seeing right now.
GOLDMAN SACHS: Buy these 21 cheap under-the-radar stocks that offer market-beating growth potential right now
One of Wall Street's top banks recommended 21 stock picks that offer above-average growth at extremely reasonable prices.
'Likely to be excruciating': A notorious stock bear says investor reliance on Fed money-printing is misguided — and warns of more than 50% crash from current levels
"The Fed has encouraged a maladaptive confidence that risk does not exist," said renowned market bear John Hussman.
UBS lays out market strategies for all 3 economic-reopening scenarios, from a successful recovery to a COVID-19 resurgence
If the US economic rebound fails, gold and inflation-protected Treasurys offer investors safety amid a prolonged recession, the bank said.
As unemployment soars, so do bankruptcies. Unless creditors and Congress do something to help, it could be terrible for the US economy.
The GOP threats to end the pandemic boost to unemployment checks would cause a disaster for the US economy
The boost to unemployment insurance is scheduled to run out at the end of July. Republicans are threatening to let it expire. That'd be a mistake.
Warren Buffett bought 3,500 tons of silver in 1997. The purchase helped make Thomas Kaplan a billionaire.
"It became public that he had done this the week when I was taking my silver company public," Kaplan said. "That changed everything."
"It just goes to show you how quickly the current crisis has evolved and how deep it is," said Daniel Zhao, an economist at Glassdoor.
Wall Street is betting the enthusiasm for bonds that finance social projects will increase over the long haul as a result of the coronavirus outbreak.
UBS is pitching more 'blank-check' companies to rich clients and family offices —?and it's a big shift from how SPACs traditionally raise money
Jeff Mortara, head of ECM origination at UBS, told Business Insider why the Swiss bank is so bullish on blank-check companies being a good investment.
Shopify's stock has exploded 140% in the last two months making it briefly the biggest company in Canada. Here is why analysts think it won't get any bigger.
Shopify posted sales of $470 million in the first quarter of the year, a growth of 47% compared to last quarter.
Shortages of key goods during the coronavirus pandemic revealed America's dangerous dependence on foreign countries.
The pandemic exposed the dangers of US companies relying on global suppliers. Congress needs to address the problem before the threat gets worse.
POWER BROKERS OF DISTRESSED CREDIT: Meet 11 Wall Street stars trading busted bonds, bankruptcy claims, and other fire-sale securities
Wall Street distressed desks have unique styles and strategies. They're all poised to surge thanks to a wave of corporate defaults and bankruptcies.
'You did me a great favor': Billionaire investor Thomas Kaplan personally thanked Warren Buffett for buying 3,500 tons of silver
Buffett's unusual purchase removed the stigma around the metal, enabling Kaplan to take his mining company public .
Burry's hedge fund, Scion Asset Management, had $387 million in assets under management as of March 31, and its biggest investment was Gamestop.
The car-rental giant became one of the first major corporate casualties of the economic fallout from COVID-19 after entering Chapter 11 proceedings.
The US stock market has largely traded at the whim of economic-reopening optimism, but renewed tensions with China also dictating trading on Friday.
Michael Gayed's fund relied on just one market signal to book a huge profit when the coronavirus crushed stocks — and his returns are still soaring. He breaks down his simple approach to crisis investing.
Fund manager Michael Gayed made two dramatic market calls in 2020, going from offense to defense and back at the right time to deliver huge returns.
Facebook wants more people to work from home, but there are too many career advantages for workers to give up on the office.
China's government did not set an annual economic target for the nation for the first time in decades amid the coronavirus pandemic.
This week in Power Line, our weekly energy newsletter, we report on misleading solar ads, explain oil's rally, and share one important investing tip.
A wildly popular oil ETF has been cut off by its broker from buying futures, limiting its ability to meet its investment objective
The restrictions from RBC are impairing USO's ability to meet its investment objective, which is to track the spot price of crude oil.
"Having looked at the data myself, it is really quite promising," Dr. Anthony Fauci said about Moderna's COVID-19 vaccine candidate.
Billionaire investor Bill Ackman pitched Elon Musk to move Tesla's HQ to a Howard Hughes community. Here's why.
Ackman tweeted that Musk was a "visionary American" like Howard Hughes, and asked him to consider the developer's communities in Texas and Nevada.
The rotation was primarily fueled by soaring interest in biotech names and strong crowding within hedge fund portfolios, the bank said.
George Soros says Europe should tap up an obscure bond used during the Napoleonic Wars to save itself from a coronavirus depression
Consols, also known as perpetual bonds, were used by the US in the 1870s and by the UK during the First World War.
"Government and corporate bond prices have been fixed by central banks ... Why would anyone expect stocks to price rationally?" the firm said.
Biden is seeking implement new taxes on wealthy individuals and corporations, including a rollback of the Trump tax cuts.
The tools banks used to boost earnings are losing their effectiveness, the IMF said, which could prompt firms to take new risks for profitability.
WeWork could falter as costs spiral and social distancing hits offices, the boss of a rival real-estate group said
However, flexible leases, ready-to-go spaces, and "beer kegs and ping-pong tables" may be widely adopted, Vornado's CEO said.
Billionaire investor Marc Lasry says the market isn't pricing in a recession that will last 'for a while'
"It's going to be a hard couple years" as unemployment lingers and an economic rebound fails to get off the ground, Lasry said on Thursday.
After the remote transition, some Wall Street firms are already considering how coronavirus could permanently transform the way they work.
China didn't set a target for 2020 annual growth this year, the first time in decades the country has forgone the practice.
'It works for anything I look at': BlackRock's bond chief who oversees $2.3 trillion shares the 'really simple' 3-part framework that guides every investment decision he makes — and outlines 2 factors he looks for in a company
"I look at three lenses whenever I look at any asset," Rick Rieder, BlackRock's global chief investment officer of fixed income, said.
Global stocks dive after China sets up a fresh showdown with Trump and shocks investors by announcing a new Hong Kong security law
China's ruling Communist Party has tabled a motion to ban "treason, secession, sedition and subversion," which could challenge Hong Kong law.
When big-name hedge-fund managers like Cliff Asness feud with the Twitter masses, major investors notice. Here are the behaviors that could cost them billions.
"I don't hold someone's social media accounts against them" unless they're being "abusive to people online," said one hedge-fund allocator.
China ditches its annual growth target for the first time as the coronavirus hammers the world's 2nd-largest economy
Chinese Premier Li Keqiang also pledged to impose controversial new national-security laws for Hong Kong and Macau through "enforcement mechanisms."
According to a new report, the roughly 600 US billionaires have seen their wealth grow from $2.948 trillion to $3.382 trillion since March 19.
Treasury Secretary Mnuchin sees 'strong likelihood' that further stimulus is needed as Senate spars over new bill
While House Democrats have passed a new $3 trillion stimulus measure, Senate Republicans refuse to consider its unemployment benefit expansion.
These 11 stocks loved by hedge funds have beaten the market during both the coronavirus collapse and its subsequent recovery, RBC says
RBC equity strategist Lori Calvasina finds that for hedge funds, the best defense today is a good offense.
A return to 2019 fund allocations could drive $1 trillion back into stocks and send equity prices soaring, the bank's analysts said.
Initial sales overall have been above last year's sales across all states and countries for more than 1,100 reopened stores, TJX said.
Reopening restaurants and barber shops won't get the economy going again. Tackling the coronavirus public-health crisis will.
A filing showed that the borrower had notified the master servicer, Wells Fargo, of COVID-19 related hardships.
Multiple readings of the stock market's future are near their worst levels ever. UBS says that's set up a 'significant recovery' — and lays out a 2-part playbook to profit from it.
There is an open window to buy stocks that move higher first when the economy is on the upswing, UBS said.
The founder of a $1 billion energy fund shares why buying on the dip is the wrong investment strategy in this oil price downturn
During the last oil price downturn, private investors poured billions into the oil industry but returns never materialized. This time is no different.
BANK OF AMERICA: Stocks haven't been this attractive relative to bonds in 70 years, suggesting further gains are coming
The stars have aligned for more stock gains, Bank of America said. The firm said equities were the most attractively valued in decades versus bonds.
There are plenty of Steve Jobs and Elon Musk parallels, according to Morgan Stanley's analysts who cover both companies.
"Most names have been weak in the stock market drawdown and recovery," Lori Calvasina of RBC Capital Markets wrote.
JPMORGAN: These 5 stock- and bond-market risks could resurface as the government continues blockbuster stimulus efforts
The risks also arose during the financial crisis, JPMorgan said, but record deficits and a different policy tool kit escalate the bank's concerns.