Multiple Wall Street pundits have stated that the stock market will plunge if Democratic presidential candidate Elizabeth Warren wins the White House in 2020. Similar comments were made ahead of President Donald Trump’s victory in 2016, but the S&P 500 has gained more than 40% since his election. Bloomberg’s Sarah Ponczek examines how Wall Street’s White House-related predictions have fared in the past. She speaks on “Balance of Power.”
On this edition of "Business of Equality," Laura Pavlenko Lutton, Morningstar Inc.'s director of manager research practice for North America, and Bloomberg's Liz McCormick discuss the best opportunities for women on Wall Street with Bloomberg's Scarlet Fu on "Bloomberg Markets."
After bitcoin rallied as much as 350%, JPMorgan Chase CEO Jamie Dimon now says he regrets saying bitcoin is a fraud while famed Wall Street trader Mike Novogratz has laid out plans for a crypto merchant bank described as the 'Goldman Sachs of Crypto' according to a person familiar.
As many American women prepare to draw attention to their role in the workplace, a Wall Street firm on Tuesday (March 7) put up a statue of a girl in front of Lower Manhattan's well-known bronze charging bull, as if to fearlessly stare it down.