This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
As stock indexes sit near record highs, Wall Street s biggest banks say future returns look dim.
Goldman Sachs, Morgan Stanley, and BofA strategists aren t bullish on the S&P 500 in the near term.
They share nine areas of the markets where investors can find the best opportunities.
Stocks continue to reach new highs as the economy begins to reopen with more than 40% of the US population vaccinated against COVID-19.
But investors shouldn t expect to continue seeing the returns they have over the past year, some of the biggest investment banks on Wall Street say.
Matthew Tuttle is the chief executive and chief investment officer of Tuttle Tactical Management. This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Matthew Tuttle is the chief executive and chief investment officer of Tuttle Tactical Management.
He manages the $147.2 million SPAC and New Issue ETF, which has returned 12.94% this year.
Tuttle shares his three-part SPAC picking strategy and three of his favorite blank-check companies.
Just like the newly filed Do It Again Corp., SPACs are doing it again breaking the record month after month.
According to Goldman Sachs, 90 Special Purpose Acquisition Companies raised $32 billion in IPO capital in February, the largest issuance month on record. Year-to-date, 204 blank-check companies have raised $65.4 billion compared to the $83.4 billion raised by the 248 SPACs last year, according to SPAC Research.
Kursgewinne 2021: Dax-Rekord markiert Aufbruch in neue Wohlstands-Dekade welt.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from welt.de Daily Mail and Mail on Sunday newspapers.