The GameStop buying frenzy was driven by 'irrational exuberance' – and investors should consider cashing out, market bull Ed Yardeni said

Brendan McDermid/Reuters The GameStop buying frenzy signaled “speculative excess” in markets, Ed Yardeni said. The Yardeni Research president highlighted government stimulus as a key driver. Yardeni said the US economy could bounce back to pre-pandemic levels next quarter. Visit Business Insider’s homepage for more stories.   The GameStop mania provided fresh evidence of a stock-market bubble, Ed Yardeni said on […]

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US stocks on track to hit new highs after Janet Yellen pushes for $1.9 trillion stimulus, while Brent oil climbs above $60

Washington Post/Getty Images US futures pointed to a higher start on Wall Street after stocks closed at record highs. Brent crude oil rose above $60 a barrel as investors bet on a strong economic recovery. Bond yields and the dollar rose to reflect stronger growth and inflation expectations. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US […]

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Elliott Management Corp looks to make inroads in the SPAC craze: WSJ

Fox Business Flash top headlines for February 5 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Elliott Management Corp., the hedge fund best known for its high-profile shareholder-activist campaigns, is looking to join the sizzling SPAC craze. Continue Reading Below Ticker Security Last Change Change % T AT&T INC. 28.93 +0.06 +0.19% MPC MARATHON PETROLEUM […]

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INSURTECH DISRUPTORS: Here's exactly what full-stack insurtechs are doing to beat incumbents on customer acquisition, personalization, and claims processing

This is a preview of the Business Insider Intelligence Insurtech Distributors premium research report. Purchase this report here. Business Insider Intelligence offers even more fintech coverage with our Fintech Briefing. Subscribe today to receive industry-changing financial technology news and analysis to your inbox. Insurtechs globally are challenging the status quo of the insurance industry. By using new technologies, including machine learning […]

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Reddit rebellion is a sign of 'irrational exuberance,' but market bull Ed Yardeni suggests it's different this time

As the Reddit rebellion tries to make a comeback, one long-time market bull is seeing euphoria at dot-com bubble levels. According to Ed Yardeni, it's happening because the government is unintentionally setting the stage for retail investors to wage highly speculative bets. "There's just so much liquidity that has been provided by the Fed and by the Treasury," the Yardeni […]

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A resort in Hawaii says bookings surged to pre-pandemic levels after it became a 'bubble resort'

Kauai, Hawaii’s Lodge and Club at Kukuiula has become an Enhanced Movement Quarantine “resort bubble.” Kauai has “resort bubbles” for travel during COVID-19, but guests have to wear a tracking bracelet. Bookings at the Lodge at Kukuiula shot up to pre-COVID-19 numbers after it became a “resort bubble.” Visit the Business section of Insider for more stories. Everyone dreams of […]

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4 tips to avoid losing money in property

It was in 2010 when I started blogging in PropertySoul.com to share experiences and exchange ideas with like-minded property investors. Unexpectedly, I started receiving e-mails from unhappy home buyers sharing their regrets and grievances. Why are they so unhappy and how come people are losing money over property purchases? Please subscribe or log in to continue reading the full article. […]

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