U.S. stocks finished mostly higher Thursday, but pulled back from record intraday highs on a report of distribution issues with Pfizer's coronavirus vaccine.
The prominent hedge-fund luminary has been among the traditional investors who is considered in the decidedly bullish cryptocurrency camp and sees big opportunities ahead.
According to Deutsche Bank strategist Jim Reid, the recent run-up in U.S. stocks has taken markets "above the level seen on the eve of the 1929 stock market crash and the recent peak in January 2018,"citing the CAPE ratio of price-to-earnings created...
"We've gotta have a really vigorous anti-misinformation campaign and judging by how we blew it on masks, that makes me very worried," Dr. Bob Wachter tells San Francisco's KGO-TV.
After months of holding out for a larger package, Democratic congressional leaders threw their weight behind a coronavirus stimulus proposal that has bipartisan support in both chambers of Congress.