Japan Penny Stocks Spike, Fuels Worry of Unauthorized Trades

Mar 27, 2025 | Markets

A spate of spikes in Japan’s penny stocks is raising speculation the moves were triggered by unauthorized trades. While smaller firms tend to be more volatile, the frequency and the scale of moves in some of their stocks were causing alarm over unauthorized trades on...

JPMorgan’s long-term quant model shows S&P 500’s current fair value is 5400

Mar 27, 2025 | Markets

JPMorgan analysts estimate that the S&P 500’s fair value currently stands at 5400, suggesting the index is about 6% overvalued based on their long-term quant model. According to JPMorgan, the discount rate from their model is around 4.8%, compared to a 10-year...

Australia’s $1 Trillion Market Draws UK Fund Manager Coller

Mar 27, 2025 | Markets, Private Markets

Coller Capital Ltd., a UK fund manager specializing in private market secondaries, is expanding in Australia with the launch of several funds targeting wealthy locals. The firm, which manages $38 billion, has launched two secondary feeder funds — Coller Private...

Why Barclays is the latest Wall Street bank to slash its outlook on stocks

Mar 26, 2025 | Markets

Toss another big Wall Street bank on the list of those becoming more cautious on stocks after a volatile start to the year. Barclays strategist Venu Krishna slashed his 2025 S&P 500 (^GSPC) price target to 5,900 from 6,600 on Wednesday, citing tariffs and...

Private Equity Is Coming for America’s $12 Trillion in Retirement Savings

Mar 25, 2025 | Markets

Inside the push to change how every American’s nest egg is invested and make private assets mainstream.  Less than a week before President Donald Trump’s second inauguration, more than 30 money managers gathered on Zoom to strategize about how to pull America’s...

Recession Watch: Cratering Condos and Creeped-Out Consumers

Mar 24, 2025 | Markets

Most of the following charts are from Wolf Street or the Kobeissi letter. Definitely follow those guys. Cratering Condos There’s no way to overstate how crazy US home prices have become. To take just one metric, the median US household income is $79,200, but it takes...