A macro hedge fund investing chief expects a 42% correction in the S&P 500 to play out within a year. He lays out 5 ‘substantial risks’ lurking in the market – and the best way to position for the…

One of Wall Street’s most bearish analysts turned exceedingly bullish two weeks ago. Wells Fargo’s Christopher Harvey upgraded his bearish S&P 500 price target of 3,850, which he set in late 2020, to 4,825, representing an increase of 6.7% from the S&P’s current level of around 4,525. Harvey joins a number of strategists upgrading their … Read more

A JPMorgan portfolio manager overseeing a $2 billion fund lays out 4 areas of opportunity and 9 stock picks in an ‘unloved’ and incredibly cheap UK market that’s set to soar

Top investment banks from Citi, to Goldman Sachs and JPMorgan are incredibly bullish on the UK market. A JPMorgan fund manager who co-runs the firm’s flagship $2 billion UK fund helps investors navigate the market. He shares why the UK looks attractive and outlines what sectors boast good opportunities and what stocks to watch. See … Read more

Warren Buffett called inflation a ‘gigantic corporate tapeworm.’ Here’s the investor’s warning about rising prices.

Warren Buffett said costs were rising fast during Berkshire Hathaway’s recent meeting. Buffett has called inflation a “gigantic corporate tapeworm” for investors and businesses. Asset-light companies that can raise prices and scale easily often weather inflation best. See more stories on Insider’s business page. Warren Buffett said he was seeing “very substantial inflation” and homebuilding … Read more

Any decline in the stock market because of higher capital gains taxes will likely be short-lived, according to Goldman Sachs

President Biden’s proposed capital gains tax hike could weaken the stock market in the short-term, according to Goldman Sachs. However, in the long-term, stocks have trended higher six months after previous capital gains tax hikes, Goldman said. “We estimate $1+ trillion in unrealized capital gains for the wealthiest US households, but also large cash balances … Read more