Finance

Citigroup’s top market watcher isn’t letting geopolitical jitters rattle his stock market forecast. In an interview on CNBC’s “Futures Now,” Tobias Levkovich said it’s too premature to make investment decisions on whether a trade war will erupt over Trump tariffs, or if Italy’s political crisis will spark a contagion. “That’s kind of geopolitical risks akin
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The U.S. is the best place for investors to put their money, according to Bessemer Trust’s Rebecca Patterson. In fact, she said the U.S. market has been overweight from a combination of added stimulus from tax reform, a February spending package that filters into government agencies and global turmoil that benefits the U.S. market. “We’ve
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Exchange-traded funds hold a basket of stocks and can be traded in real time. The investment product has become increasingly popular, and BlackRock predicts global ETF assets will more than double from $4.7 trillion this year to $12 trillion by the end of 2023. U.S. stocks are in the middle of their second-longest bull market
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A veteran market researcher is out with a warning — saying the Federal Reserve is relying too heavily on economic surveys skewed by social media to mold their policies. According to Bianco Research President James Bianco, most economists mistakenly believe that leading indicators are signaling an “A+” economy that can withstand rising interest rates. “It’s
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Bitcoin is still a buy despite its continued losses, blockchain venture capitalist Spencer Bogart told CNBC. The digital currency’s increased number of use cases is proof that the popular form of money is being institutionalized. “Every major bank is trying to do something in the space,” Bogart, a partner at Blockchain Capital, told CNBC’s “Fast
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