‘I’ve heard of one case where a young adult purchased a new used car with cash. Another one is approaching the $13,000 mark in savings from unemployment.’
Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., in a research report dated Tuesday doubles down on his warning of a bubble in stocks in recent research report.
Rather than waiting for technology to save us from COVID-19, the hardest-hit countries need to be fostering better leadership, governance, and social solidarity.
The S&P 500 and the Dow industrials trade lower Monday morning after momentarily touching intraday record peaks, in the first trading session of 2021, as investors contend with concerns around the spread of COVID-19 and the slow pace of the vaccine rollout.