Today news
About the same in other media
Major Wall Street firm has one of its largest equity overweights ever - and is looking to buy even more stocks
Reading now: 492
cnbc.comA major Wall Street firm is piling into stocks near record highs.
Wilmington Trust's Meghan Shue reveals her firm has one of its largest stock market overweights ever.
Shue, who oversees $152 billion in assets, attributes a strong economic backdrop and seasonal tailwinds for the bullish move.
«The near-term disruptions and the near-term concerns over inflation and supply chain disruptions could create some real opportunities,» the firm's head of investment strategy told CNBC's "Trading Nation" on Wednesday. «We see this supply chain disruption as delaying not destroying the demand from consumers and businesses alike. And, we think that will be a tailwind particularly as companies restock shelves and rebuild very, very low levels of
Read more on cnbc.comAbout this in other media
Your Money: Why option premiums can never be negative financialexpress.com /2 years ago
The Surprise Winners From Biden’s $2 Trillion Spending Bill: Wall Street and Tobacco Companies wsj.com /3 years ago
John Malone says there's a misguided 'land rush' in stocks right now akin to late '90s bubble cnbc.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
