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Its top experts explained what's worth buying in stocks, fixed income, and alternative assets. Globalization was an aid to economic growth over the last few decades, but it's fading, or even reversing. Meanwhile productivity growth is weakening, and the aging populations of many countries means there are fewer workers, which makes growth harder to achieve and sustain. Global Fixed Income Strategist Graham McDevitt says that bond yields are peaking and prices are attractive in a lot of fixed income sectors, but overall fixed income pricing "is much more aligned with a soft landing" than the recession Macquarie's experts expect. Lastly, in real assets, McCormack says he's bullish on infrastructure and agriculture assets, and positive on real estate to a lesser extent.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe haven't seen a drop in demand over inflation concerns, says Ledbury CEOPaul Trible, Ledbury co-founder and CEO, and CNBC's Melissa Repko join 'Squawk on the Street' to discuss why he's bullish on the holiday season and if there's been a shift in consumer behavior.
He's bullish heading into 2023 on physical collectibles because supply is limited but constantly created. He thinks digital collectibles will have a place in the industry when the market is less volatile. A July report by Market Decipher estimated the size of the sports-memorabilia market at $26.1 billion as of 2022 and predicted it to rise to $227 billion by 2032. Vasu KulkarniCourtside VC invests in all facets of the sports space, but Kulkarni leads the collectibles portfolio. Kulkarni thinks the NFT market will become less of a "money-making mechanism" and more tied to real-world utilities, which could make it less volatile.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer says he's bullish on Disney after Iger's return as CEOCramer on Monday gave his thoughts on Disney after the company's leadership shake-up.
Cramer on why he's feeling good about the market
  + stars: | 2022-11-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer on why he's feeling good about the marketCramer explained why he's bullish on several stocks.
A new product from Advanced Micro Devices is inspiring optimism from Baird. Analyst Tristan Gerra upgraded the microchip maker's stock to outperform and raised his price target to $100 per share from $65. The new target implies upside of 38.2% from Friday's close. Interest in AMD is growing as a result of Genoa's performance, said Gerra. Arcuri set a price target of $95, which is slightly lower than Gerra's but still shows upside of 31.2%.
Here's the short of it: The once-top-dog crypto firm, FTX, helmed by 30-year-old billionaire Sam Bankman-Fried, is being bought by Binance amid significant liquidity issues and rumors of insolvency. But Binance CEO Changpeng "CZ" Zhao seemed to think saving a floundering FTX was worth the risk of any future downside. CoinDesk published a revealing report on November 2 about the crypto trading firm Alameda Research, another branch of Sam Bankman-Fried's empire. It turns out that the trading firm held billions of dollars' worth of FTX's native token, FTT. Anthony Georgiades, co-founder of blockchain company Pastel Network told me he doesn't think Binance is too concerned about making those investors whole again at this point.
Amid a poor-return environment for the broader market, he shared what he's looking for in stocks. Stocks dropped quickly on Wednesday afternoon after the hike was announced and as Powell reiterated the FOMC's hawkish intentions. "We've had a nice little run here in the stock market — it's the third double-digit percentage gain since the bear market started," Doll said. 9 stocks Doll likes right nowWith Doll's outlook being that the broader market is doomed to a range-bound near-term future, he said he's focusing on so-called quality stocks — firms with quality income statements, balance sheets, and management teams. Doll also listed quality stocks in the health maintenance organization (HMO) space.
Katz: The bulk of the stock market damage has been done
  + stars: | 2022-11-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKatz: The bulk of the stock market damage has been doneDavid Katz, Chief Investment Officer at Matrix Asset Advisors, joins Worldwide Exchange to discuss why he's bullish on equities.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWein: The bull case is there's light at the end of the tunnel, and bad news may be good newsJosh Wein of Hennessy Funds discusses why he's bullish on the markets, but not so much on the economy over the medium-term, and highlights a few under-the-radar smaller-cap names.
Jeff Muhlenkamp of the Muhlenkamp Fund believes stocks could fall another 20% to 25%. Muhlenkamp shared two sectors and five stocks he's investing in to beat macroeconomic headwinds. The portfolio manager's eponymous Muhlenkamp Fund (MUHLX) has beaten 99% of its peers year-to-date. Even though the S&P 500 has already cratered over 25% year-to-date, another 20% to 25% decline wouldn't surprise Muhlenkamp. Energy currently looks ridiculously cheap, with energy companies generating a lot of free cash flow, Muhlenkamp said.
Mark Hackett is the investment research chief for Nationwide, which manages $74 billion in assets. But he thinks investors should allocate to small cap stocks and emerging markets, which he says have the best risk-reward balance of anything out there. "We much prefer S&P Small Cap relative to the Russell Small Cap," he said, because the larger Russell index includes larger proportions of companies that aren't consistently making money. In small caps he's bullish on healthcare, industrials, and business-oriented technology companies, rather than pricier tech stocks and higher-risk companies in biotech or energy. He also recommends high cash-flow value stocks, meaning companies with strong balance sheets and diversified revenue.
Drawing from the dot-com crash, he believes the current bear market still has 15%-20% more downside. Abate also shared the biggest mistake investors could make once the Fed begins to ease once more. Today's bear market mirrors the dot-com crashPart of Abate's investment process involves drawing parallels between the current market and historical recessions. "I still think that we are in the midst of a bear market. Similarly, both bear markets were also kicked off by an "excessive period of poor allocation of investment capital," Abate said.
CNBC's Jim Cramer on Monday advised investors to add Wells Fargo to their shopping lists. "Wells Fargo has now taken the lead as the best net interest margin play in the group, and their multi-year turnaround plan is finally bearing fruit. The money Wells Fargo receives from this spread, known as net interest income, has "massively outperformed" expectations, according to Cramer. Cramer added that Wells Fargo's net interest margin is better than those of its competitors, whose quarters he also recapped on Friday. Disclaimer: Cramer's Charitable Trust owns shares of Wells Fargo.
Matthew Caruso is a position trader, holding his stocks for weeks or even months at a time. Matthew Caruso has been trading stocks since 2008, first professionally for Canada's National Bank and then personally since 2014. "What made this year difficult was you had to balance, one, a very weak market, but yet, there were very strong industry trends within that weak market," Caruso said. Coming into the year, he noticed that the oil market was in tight supply, which pushed other commodities such as natural gas and fertilizer up as well. For example, if he has exposure to too many oil stocks, one news headline could plunge the entire sector.
Watch CNBC's full interview with ARK Invest's Cathie Wood
  + stars: | 2022-09-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with ARK Invest's Cathie WoodARK Invest CEO Cathie Wood joins CNBC's 'Squawk Box' to discuss ARK's new venture fund, which is targeted toward individual investors with a minimum investment of $500. Wood lays out her expectations for interest rates and inflation in the months ahead and also discusses why she's bullish on shares of Tesla and Roku.
And below, I'm breaking down what Bank of America has to say about the worst bond market decline in over 70 years. The bond market is in the middle of a historic crash and it'll hammer stocks, according to a Friday note from Bank of America. As central banks around the world move to stem inflation, BofA analysts said bonds are experiencing their worst decline since 1949. What's your stock market outlook heading into year-end? As stocks sell off, Fundstrat's Tom Lee is sticking to his bullish year-end stock market forecast.
Bridgewater Associates founder Ray Dalio said on Wednesday that stocks are likely to fall further. Given his down outlook, Dalio was asked how investors should approach the current environment, and gave two answers. The former shields investors from rising or falling inflation rates, while nominal bonds can lose money when considering inflation. Dalio also recommended that investors keep their portfolios well-balanced and diversified, and avoid timing the market. "The most important thing that you can do is have a well-balanced portfolio, not to market time, but diversify," Dalio said.
Jamie Dimon slammed bitcoin and some other crypto as "decentralized Ponzi schemes." However, Dimon touted blockchain and said he would welcome a properly regulated stablecoin. "I'm a major skeptic of crypto tokens, which you call currency, like bitcoin," the JPMorgan CEO told the House Financial Services Committee on Wednesday. Dimon told the same Congressional committee in May 2021 that crypto was inferior to conventional assets such as dollars and gold. Moreover, the JPMorgan boss said in 2017 that bitcoin was a fraud, and the hype around it would end in disaster.
The India chairman of conglomerate Hinduja Group said he's bullish on India, which he called "the very great emerging, fast moving market." The Hinduja Group is headquartered in India though it owns businesses across many industrial sectors and has a presence in nearly 40 countries, including the United Kingdom, Switzerland and the United States. "The credit goes to our prime minister," he said, referring to Prime Minister Narendra Modi. Tensions between India and China sharpened in 2020 after their troops clashed on a shared border, and remain strained. More recently, Western countries have criticized India for increasing its purchases of Russian oil as that country's invasion Ukraine rumbles on.
Getty / SOPA ImagesHello and welcome to Insider Investing. Here's what's on the docket:If you aren't yet a subscriber to Insider Investing, you can sign up here. The Wolf of All StreetsScott Melker, aka "The Wolf of All Streets," is a legend in the world of crypto trading. He spoke with Insider about how he balances his investing and trading strategy. He specifically laid out his strategy for identifying 100x-return opportunities, and shared five under-the-radar tokens he's bullish on.
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