Cliff Asness warned stocks may be overpriced and bond markets are signaling a major recession. The AQR boss fears a financial crisis, and says Warren Buffett and quant traders have similarities. Asness is worried about commercial real estate and is bullish on cheap stocks. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Billionaire investor Cliff Asness talks stocks, recession, Warren Buffett, and commercial real estate in a new interview. Here’s the 8 best quotes.
The housing market has never been this unaffordable for new buyers
New home buyers are facing the least affordable market ever, data from the Mortgage Bankers Association shows. The group’s Purchase Applications Payment Index hit a record high, indicating declining affordability. “For new home buyers, this is the worst situation since the end of the Great Recession.” Loading Something is loading. Thanks for signing up! Access your… Continue reading The housing market has never been this unaffordable for new buyers
Jim Chanos, Bank of America, and others still aren’t jumping on the AI hype train
Artificial intelligence has sparked a major stock-market rally in 2023. But some big-name investors – including famed short seller Jim Chanos – aren’t buying into the hype. Others, like Warren Buffett, have voiced concerns about the dangers of AI. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Jim Chanos, Bank of America, and others still aren’t jumping on the AI hype train
What Is a Stock Split, and Why It Matters to You
The market loves a stock split, but should you? Amazon.com, Tesla and Alphabet (Google’s parent company) made headlines last year with high-profile stock splits. It’s common for high-growth companies to split their shares to make them easier for smaller investors to trade and to add liquidity. But what does that really mean? And how does… Continue reading What Is a Stock Split, and Why It Matters to You
Stock Market Today: Stocks Rally on Debt Ceiling News, Manufacturing Data
Stocks started the day in negative territory in response to a red-hot reading on the labor market. The major indexes rallied into the close, however, helped by a batch of bad-news-is-good-news manufacturing data and signs the debt ceiling deal could make it across the finish line ahead of the June 5 default date. Ahead of… Continue reading Stock Market Today: Stocks Rally on Debt Ceiling News, Manufacturing Data
Is Chevron Stock Set for a Rebound?
Chevron (CVX) stock caught its second analyst upgrade in as many days Thursday, and investors surely appreciated the good news. After all, shares in the integrated oil and gas giant are lagging the broader market by a wide margin this year. Tough comparisons against 2022 – a blowout year for profits as oil prices soared… Continue reading Is Chevron Stock Set for a Rebound?
Commercial real estate’s cataclysmic crash is underway and there’s now a ‘huge class of zombie buildings,’ says top executive
The commercial real estate crash has already started, Corion’s Fred Cordova told Fortune. The office sector is already cratering due to high interest rates and people working from home. “It’s just a matter of how hard it’s going to hit. It is apocalyptical,” Cordova said. Loading Something is loading. Thanks for signing up! Access your… Continue reading Commercial real estate’s cataclysmic crash is underway and there’s now a ‘huge class of zombie buildings,’ says top executive
China hopes to boost economy with fresh support for the property market amid signs of renewed weakness
Chinese regulators may offer fresh support to the ailing property market, Bloomberg reported. Proposed policies include reductions in down payments and real-estate commissions. That’s as a slowdown in home sales adds to troubles faced by struggling developers. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading China hopes to boost economy with fresh support for the property market amid signs of renewed weakness
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