In 1Q17, the US economy saw a growth rate of 1.2%, according to the report provided by the US Bureau of Economic Analysis.
Marc Faber said during a recent interview that he believes there is a bubble in the US stock market.
According to the recent 13F filings, Soros Fund Management has increased its position in the iShares Russell 2000 ETF (IWM) by 36% in 1Q17 compared to the previous quarter.
According to its latest 13F filing report, billionaire George Soros made a decent investment in Snap (SNAP) in 1Q17.
After Donald Trump’s win in the US (QQQ) (IWM) presidential election, George Soros became bearish on the US stock market (VFINX) (IVV).
Mario Gabelli shared some of his top investment picks in a recent interview.
Mario Gabelli believes infrastructure companies will play a key role in the current investment scenario.
The CBOE Volatility Index (VIX) rose nearly 46.3% on Wednesday, May 17, 2017.
In a recent interview with CNBC, Mario Gabelli shared his views on the bull market, Trump’s agenda, and various stock picks.
Since the US election, major sectors such as the financial (XLF), technology (XLK), and industrial (XLI) sectors have seen strong performances.
Morgan Stanley’s (MS) Mike Wilson shared his views on the industrial sector (XLI) in a recent interview.
Wilson believes that the US economy (IWM) (IWF) (QQQ) won’t get the benefit of tax reforms in 2017.
Morgan Stanley’s (MS) chief equity strategist, Mike Wilson, shared his views on the energy sector (XLE) in a recent interview.
Morgan Stanley’s Mike Wilson said that he’s bullish on the market rally (SPY) (QQQ). He expects that this bull market will continue and stocks will see more upside.
Jeffrey Gundlach said at the 2017 Sohn Investment Conference that funds flowing into active and passive investment management are deciding market valuations.
At the 2017 Sohn Investment Conference on Monday, May 8, 2017, Einhorn said he is short on oil and gas servicing company Core Laboratories (CLB).
On Wednesday, May 3, 2017, Jeffrey Gundlach said during a webcast that he believes the market (QQQ) will correct this summer.
According to Gundlach, a stronger dollar (UUP) could be a problem for emerging markets. But he also believes the risk could be overstated.
Ackman believes it’s a good time to invest in the Howard Hughes Corporation since it’s poised for strong growth in the current economic situation.
Mario Gabelli is optimistic about major technology stocks (XLK) such as Apple (AAPL), Google (GOOGL), and Amazon (AMZN).