Richard Bernstein on Quantitative Analysis
Masters in Business
00:00
The Goldman Basket of Profitless Stocks Is One of the Market Leaders
The Goldman basket of profitless stocks is one of the market leaders. That's a fundamentally based rotation, maybe from value to growth or to more economically sensitive companies. Cryptocurrencies are up 30 to 50%. Yeah. Where we like 23, 24 on Bitcoin. Up from 16. And I think what that is really relating to is people's hopes that inflation is going to subside very quickly. The Fed will go back to a period of cheap and abundant liquidity, which is a cornerstone of speculative investing.
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