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Finance Source: Markets.businessinsider.com

Billionaire Ray Dalio says Trump's halting of stimulus negotiations will be a 'significant negative' for the economy

Summary List Placement Legendary investor Ray Dalio told CNBC on Wednesday that Trump's halting of stimulus talks will be a "significant negative" for the economy. The absence of what could have been nearly $2 trillion of stimulus will cause "a lot of stress" on "those who are not going to get the money," he said.   The founder... go to Article >

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global chief strategist says

5 Days ago Finance Source: Businessinsider.com

Summary List Placement President-elect Joe Biden's  $1.9 trillion rescue plan could boost nominal GDP growth to 11.4% year-over-year by the end of 2021, says JPMorgan's David Kelly.  The chief global strategist said on Tuesday that the plan... read more

Shares 'look cheap': Here's what 4 Wall Street banks expect from Netflix's 4th-quarter earnings report

5 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement Netflix is set to report fourth-quarter earnings after the market closes on Tuesday. Analysts view growing competition and recent price hikes as key hurdles for the streaming giant. Here's what four analysts expect when... read more

Billionaires Tom Steyer, Mark Cuban support more checks for Americans in Biden's $1.9 trillion stimulus proposal

9 Days ago Finance Source: Businessinsider.com

Summary List PlacementPresident-elect Joe Biden presented a $1.9 trillion stimulus plan on Thursday evening, which included $1,400 direct payments, $350 billion in aid to state and local governments, and vaccine distribution funds. Some... read more

The stock market is undergoing a 'rare reversal' that's historically signaled double-digit returns to come, says one Wall Street chief strategist

49 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement Investors recently started moving cash out of crowded mega-cap stocks and into cyclicals. The shift makes for a "rare reversal" that's previously led to outsize gains, James Paulsen, chief investment strategist at The... read more

Billionaire Ray Dalio says Trump's halting of stimulus negotiations will be a 'significant negative' for the economy

109 Days ago Finance Source: Feedproxy.google.com

The absence of what could have been nearly $2 trillion of stimulus will cause "a lot of stress" on "those who are not going to get the money," Dalio said. read more

Billionaire Ray Dalio says a Joe Biden win in November wouldn't hurt the stock market in the long run despite initial 'modest' negative reaction

137 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement Ray Dalio told Top100funds.com that a Joe Biden win will be a "negative initially" for markets but won't be bad in the longer term.  The founder of Bridgewater Associates explained: "It's all a matter of money and... read more

Stocks will climb no matter who wins the presidential election — and could surge 19% in one scenario, JPMorgan says

114 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement The upcoming US election is a catalyst for positive action in stocks, according to JPMorgan's Marko Kolanovic, as it will remove a key overhang from the markets. No matter who wins the presidential election, expect the... read more

The world's biggest wealth manager says hopes for a vaccine may make the Fed 'slow to react' in injecting fresh cash

123 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement Mark Haefele, chief investment officer at UBS Global Wealth Management, told Business Insider the worst of the recent weakness in the stock market is probably over for now. But he said the central bank may wait for a... read more

10 things you need to know before the opening bell

181 Days ago Finance Source: Markets.businessinsider.com

Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Here's what you need to know before markets open. 1. Gold skyrockets to an all-time high as US-China tensions flare. Market analysts think... read more

10 things you need to know before the opening bell

181 Days ago Finance Source: Feedproxy.google.com

Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Here's what you need to know before markets open. 1. Gold skyrockets to an all-time high as US-China tensions flare. Market analysts think... read more