U.S. business activity accelerates in March - S&P Global survey
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Kolanovic: Q1 is High Point for Equities in 2023
March 27, 2023 2:05 PM EDTKolanovic: Q1 is High Point for Equities in 2023.
JPMorgan analyst Marko Kolanovic comments "Our view remains that Q1 will likely mark the high point for equities this year; we prefer low beta and are increasingly cautious on Cyclicals/Banks/Value. We view the most vulnerable areas as unprofitable companies that depend on steady flow of equity capital to fund operations and tight... More
Bitcoin acts as a safe-haven asset during periods of crises, claims Bernstein
March 24, 2023 11:37 AM EDTBernstein's Gautam Chhugani said Friday that Bitcoin acts as a safe-haven asset in times of crisis.
The analyst explained in a note titled "Bitcoin vs. Gold vs. Equities correlation in 3 charts" that the correlations have flipped for risk-off assets in the last few days since the US banking... More
