The earnings growth rate of the S&P 500 Index (SPY) stood at 14.0% in 4Q17, which is higher than the previous estimate of 11.0%.
Overall, the US economy posted a growth rate of 2.4% in 2017, which is much higher than the 2016 growth rate of 1.5%.
The CBOE Volatility Index (VIX) has risen 67.8% in the past week. On February 5, 2018, the VIX rose 115.0%.
On February 6, 2018, Carl Icahn, billionaire investor and the chairman of Icahn Enterprises, shared his views on the recent market sell-off on CNBC’s Fast Money Halftime Report.
Billionaire hedge fund manager Ray Dalio recently noted that the recent big declines in the market are actually minor corrections.
Ray Dalio, the fund manager and chairman of the world’s largest hedge fund, Bridgewater Associates, shared his views on the recent market sell-off in a February 5, 2018, LinkedIn post.
Previously, we discussed major market indexes’ fall on February 5, 2018. According to CNBC, billionaire investor Dan Loeb weighed in on what could pause the bull market. The US market has rallied…
Billionaire investor Dan Loeb is known in the market for his event-driven investment strategies. For more than two decades, he has beaten the returns of the broader-market S&P 500 (SPX-INDEX),…
According to CNBC, billionaire investor and Third Point CEO Dan Loeb believes four key risks could stop the market rally in the near future.
Although Goldman Sachs expects a market correction, it’s still overweight on the equity market.