|Bid||73.64 x 100|
|Ask||78.05 x 100|
|Day's Range||73.63 - 73.90|
|52 Week Range||62.53 - 77.54|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.32%|
On March 7, 2018, during a Reddit Ask Me Anything production, Bill Gates, billionaire investor and principal founder of Microsoft, shared his view on the US market and the US economy. When asked about whether the United States will have another financial crisis like 2008 in the near future, Gates replied, “Yes. Many fund managers already warned during the recent market corrections in February 2018 that higher leverage-based trading and leveraged-based products have disturbed the market, and they might cause a disruption in the stock market.
In the previous article, we noted that Citi’s (C) global macro strategists believe we could see more corrections in the markets due to the Fed’s aggressive rate hike process. The Fed began its gradual rate hike process in December 2015.
Billionaire investor Dan Loeb is known in the market for his event-driven investment strategies. According to CNBC, Loeb wrote, “While we remain optimistic about the trajectory of the economy and markets, we have weighed our positioning with an acute awareness of the risks. On economic growth, Loeb wrote, “Since growth is already at a high level, further acceleration is less likely.
The Zacks Analyst Blog Highlights: Select Sector SPDR Technology, Vanguard Small-Cap Growth, iShares MSCI ACWI, EventShares U.S. Tax Reform and Vanguard Value
In the previous part of this series, we analyzed the performance of the US market (SPX-INDEX) (SPY). Although the global equity market had the best start to a new year that it has seen since 1988, investors should be cautious, according to Pimco. The MSCI All-Country World Index (ACWI), which tracks the performance of the global market, rose 4.8% between January 2, 2018, and January 18, 2018.
Can Teva Pharmaceutical's Restructuring Plan Help It Recuperate? In December 2017, Teva Pharmaceutical Industries (TEVA) announced a restructuring plan to recuperate sales. Its stock has had a bull run since the announcement, rising 44.5% since the company’s weak earnings results for fiscal 3Q17 on November 2, 2017.