Market is a bad inflation report away from correction: Jeremy Siegel

Long-term market bully Jeremy Siegel expects a serious downturn unrelated to the risks of an increase in Covid-19. Its turning point: a radical change in Federal Reserve policy in order to deal with severe inflation. “If the Fed suddenly gets tougher, I’m not sure the market will be ready to turn around [chair] Wharton finance … Read more

Bitcoin bull Mark Yusko sees trouble at $60,000, says it’s overbought

Bitcoin bull is under watch. Mark Yusko, a hedge fund manager, believes that investors will profit from the sharp rise in the cryptocurrency over the past few weeks. “There are a lot of people who think we can hit $100,000 by the end of the year. The stock-flow model says we should,” Morgan Creek Capital … Read more