The investor said the market is failing to discount the negative effect from federal spending cuts spearheaded by Elon Musk’s DOGE.
These are the stocks posting the largest moves in midday trading.
Individual investors have become the most important holder of U.S. equities, owning around 60% of the universe.
These are the stocks posting the largest moves in premarket trading.
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December.
These are the stocks posting the largest moves in midday trading.
“Partners are working with us to bring manufacturing here. In the near-term, the impact of tariffs won’t be meaningful,” the CEO said.
These are the stocks posting the largest moves in premarket trading.