Since the U.S. economy began rebounding from the pandemic, market veteran Ed Yardeni has been banging the drum that a new “Roaring 20s” will drive Wall Street. Now, with Donald Trump headed back to the White House, Republicans retaking the Senate, and the House likely staying in GOP control, a decade of bullish returns not…
The exceptional stock market performance of the past ten years could be replaced by a decade of markedly lower returns, according to Goldman Sachs. During the next ten years, the S&P 500 (which reflects the broader market) could yield a nominal annualized return of 3%, analysts at the investment bank predicted in a note from…
The stock market crashed last month on recession fears but has since soared to fresh record highs as the Federal Reserve began cutting rates and China unveiled stimulus measures. To Mark Spitznagel, cofounder and chief investment officer of the hedge fund Universa Investments, events are unfolding as he predicted. The hedge fund veteran previously said…