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On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman Jerome Powell’s upcoming remarks on Wednesday. Furthermore, there has been a great deal of conjecture … Read more
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks in a row, while the crypto economy took some losses on Thursday, losing roughly 4% against the U.S. dollar during the past 24 hours. Meanwhile … Read more
Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once regulations come into focus. Equity Strategist’s Crypto Predictions Mai Capital Management’s Chris Grisanti shared his … Read more
An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’ Portfolios BTIG is a global financial services firm specializing in institutional trading, investment banking, … Read more
