GDP Growth Slows Down Big Time; the Market Shrugs
As a third quarter economic deceleration was expected, the S&P 500 keeps on gaining.
WHAT’S BUZZY
Cathie Wood vs. Jack Dorsey: Deflation or Hyperinflation?
The disruption avatar takes on the Twitter founder over his Weimar-like projection.
Moderna Easily Outpaces Giant Rivals in Stock Market
As booster shots win approval, the smaller firm’s shares blast past J&J and Pfizer’s.
Biden Labor Department Wants to Ease Options for ESG Investing
A new proposed rule would end Trump-era barriers to retirement plans using environmental assessments in asset allocation.
Supply Chain Snarls Are Temporary, Dimon Says
JPM chief: High US consumer spending will keep economy chugging.
Buy Pummeled Facebook Stock on the Dip, JPM Says
Despite wretched publicity and talk of a regulatory crackdown, the company is resilient, an analyst argues.
Virus Will Become ‘Manageable,’ Vaccine Chief Says
The co-founder of BioNTech believes COVID-19 will stick around, but not be such a threat.
Yellen: Inaction on Debt Ceiling Could Bring a Recession
The Treasury chief decries stalemate in Congress on spending authority.
What’s Buzzy: Cathie Wood Likes T-Bonds Over Large Caps
The doyenne of disruption thinks deflation will change the game board. Except for her beloved Tesla.
China, Says Chanos, Is a ‘Terrible Place to Keep Your Money
A long-time bear on the Middle Kingdom, the famed short-seller is double spooked by Evergrande.
So, the Market Outlook Is Cloudy, Huh? Not to JPM
The firm has a sunny view for stocks up ahead, differing from the likes of Goldman and BofA.
Cathie Wood Sees Tesla Up 4-Fold, Bitcoin Up 11 Times, China: Meh
The disruption queen speaks out at SALT Conference.