Jeremy Siegel: Increasing Risk of a ‘Runaway’ Market

Jeremy Siegel, a lauded professor of finance at the University of Pennsylvania’s Wharton School of Business, says his significant concern for the market in 2020 is that investors will act too recklessly.  “Actually, one of the dangers is that people could be throwing risk to the wind, and this thing could be a runaway,” said Siegel. […]

Paul Tudor Jones: ‘Explosive Combination’ Of Forces Pushing Market Higher

Billionaire investor Paul Tudor Jones is a big fan of the current market. In particular, Jones believes that the US economy is feeling the boost of both lower taxes and a lax monetary policy. “We’ve got an explosive combination of monetary and fiscal policy right now,” said Jones. Jones continued, “We’ve got a 5% budget deficit […]

Goldman Says Worst Of Economic Slowdown Has Passed

American multinational investment bank and financial services company Goldman Sachs says the worst of the economic slowdown may be behind us. “This easing in financial conditions suggests not only that global growth is likely to pick up somewhat in absolute terms, but also that growth may come in stronger than currently predicted by the forecaster community,” wrote […]

Fed Warns: USA Becomes Venezuela If Progressives Do This One Thing

Modern Monetary Theory, MMT, is an economic idea that has found support with progressive politicians such as Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez. The principle behind MMT is that the government can print more money to pay for deficit spending. Scott A. Wolla, of the St. Louis Fed, and Kaitlyn Frerking, a student at […]

Head Of Facebook Crypto Project: ‘I Don’t Think Of Bitcoin As A Currency’

One of the main developers of Libra, Facebook’s proposed cryptocurrency, sees Bitcoin — a potential competitor to the Facebook project — as a store of value, perhaps, but not a way to spend money. “I don’t think of Bitcoin as a currency,” said David Marcus. “It’s actually not a great medium of exchange because of […]

Swiss Bank Reveals: Wealthy Investors Expect Big Market Drop in 2020

Investors with significant wealth were asked their opinions concerning what shape the economy will take in the future in a recent survey by Swiss multinational investment bank and financial services firm UBS. A majority of the investors surveyed reported they believe a significant market decline will happen in 2020. To be surveyed, one needed to have […]