Third Point's Dan Loeb says stock market will be fine despite Trump's 'unconventional' approach

Third Point’s Dan Loeb says stock market will be fine despite Trump’s ‘unconventional’ approach

The stock market is on a volatile ride this week in part because of the tariff back-and-forth from the Trump administration and various countries. But Third Point’s Daniel Loeb believes investors should relax. The hedge fund manager believes stocks will benefit from the macro environment going forward, even with periods of volatility brought on by…

Read More
BlackRock's Fink says that the bond market will tell us where we're going

BlackRock’s Fink says that the bond market will tell us where we’re going

BlackRock CEO Larry Fink said President Donald Trump‘s efforts to unleash capital in the private sector could have unintended consequences that would hurt the stock market. “I’m cautiously optimistic. That being said, I have scenarios where it could be pretty bad,” Fink said Thursday on CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland. “I believe…

Read More