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Larry Berman: Evidence of a melt-up bubble is growing, caution signals are rising

U.S. futures rise with stocks as bond yields slip David Fingold s Top Picks: April 14, 2021 Archegos ripples through banks lucrative hedge fund business NFT fans want to crack the Da Vinci code Fat finger briefly trims US$4B off Barclays market cap Canaccord prepared to raise offer for rival RF Capital, CEO says Tech leads stock decline from record; bonds drop Ontario pension manager plots real estate cut, credit growth Gordon Reid s Top Picks: April 13, 2021 China Huarong s worsening bond rout stokes market contagion Stocks, bonds rise with inflation concern fleeting European Investment Bank poised to deploy blockchain for bond sale

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FNB : le plan pour bâtir un portefeuille gagnant

FNB : le plan pour bâtir un portefeuille gagnant
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Long-lost 1960 Chevrolet Corvette racecar could be worth $1.3 million

The 2020 Corvette Stingray is the first mid-engine version of the all-American sports car. Fox News Autos Editor Gary Gastelu found out if it it has what it takes to compete with the world s best. One of the most historically significant Chevrolet Corvettes is heading to auction at the RM Sotheby s event at Amelia Island, Fla., in May and expected to pull in a high price, even though it doesn t run. Actually, that has something to do with it. (RM Sotheby s) The 1960 Corvette was one of three that were entered in the 1960 running of the 24 Hours of Le Mans by famed racer Briggs Cunningham.

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Larry Berman: S&P 500 earnings expectations rise into sell-in-May rally

Larry Berman: S&P 500 earnings expectations rise into sell-in-May rally VIDEO SIGN OUT Optimism around market performance, corporate earnings and economic recovery could be setting the tables for a traditional May sell-off. Bottom-up estimate expectations for 2021 were about US$164, according to S&P Global at the start of the year. Bloomberg consensus had similar numbers. FactSet, had the number at US$167 to start the year. They are currently at US$176. The current numbers for 2022 are about US$200. I think a 20-times multiple is expensive, compared to the historic mean 16.5-times, which gives the S&P 500 a 4,000 target at the end of 2022. If bond yields rise 100 basis points and “normalize,” as the U.S. Federal Reserve seems to want with more inflation, the multiple should be closer to 18-times, which would put the market at 3,600 at the end of 2022. Herein lies the major challenge we face: Bond yields need to stay very low to keep the elevated multiple in the 2

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Larry Berman: Chinese tech stocks in the crosshairs

Larry Berman: Chinese tech stocks in the crosshairs
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