‘Classic signs of euphoric sentiment’: Famed economist David Rosenberg warns that Snowflake-led IPO mania is inflating a market bubble that could soon pop

Summary List Placement Although most would rank 2020 exceedingly high on a list of years to soon forget, the past few months haven’t been all that bad from an investing standpoint. Despite an unprecedented virus, stockpiling bankruptcies, and double-digit unemployment, markets have demonstrated a fierce level of stoicism. On Friday, the S&P 500 sat about […]

Continue Reading

The wildest IPO market since 1999

Here are three of the week’s top pieces of financial insight, gathered from around the web: ‘Low volatility’ bets backfire“An investment strategy for reducing risk in the long run” has largely failed in the pandemic, said Jason Zweig at The Wall Street Journal. So-called low-volatility funds were supposed to invest in stocks that fluctuated less […]

Continue Reading

Is Facebook growing too close to Trump?

The smartest insight and analysis, from all perspectives, rounded up from around the web: An “alliance of convenience” has been forged between the White House and the world’s largest social network, said Sarah Frier and Kurt Wagner at Bloomberg Businessweek. “Facebook executives often point out that the company was seen as overly friendly to Democrats […]

Continue Reading