Sam Zell: Stock Market Is Overvalued | Video | RealClearMarkets: "Billionaire real-estate tycoon Sam Zell says investors are way too optimistic and that’s pushed the stock market to overvalued levels.
The chairman of Equity Group Investments told CNBC he’s not suggesting that things are terrible, but is worried that “we’re missing an awful lot of bounce. The stock market would have suggested that everything is kumbaya. I think there is a real discrepancy between the two.”"
U.S. Report Casts Doubt on Legal Structure of Alibaba, Other Chinese Firms - WSJ: "A U.S. government commission warned that investors face "major risks'' if they buy shares in Chinese companies like e-commerce firm Alibaba Group Holding Ltd. A report released this week by a commission that advises Congress on U.S.-China economic issues took aim at the legal structure underpinning Alibaba as well as a host of other Chinese Internet firms, calling it "a complex and highly risky scheme of legal arrangements." It warned that the structure could lead to losses by shareholders in the U.S. "U.S. shareholders face major risks from the complexity and purpose" of the structure, said the report, released on Wednesday by the U.S.-China Economic and Security Review Commission. The group, an independent agency directed by Congress, has in the past issued critical reports about China." (read more at link above)
Schwarzman: Individuals Need More Alternatives: Video - Bloomberg: (Allow video to load after clicking play)
Steve Schwarzman, chairman/CEO at Blackstone, discusses the latest round of sanctions against individuals and companies in Russia, where he sees opportunities in the current market, and offers his warnings to tech industry investors from the 2014 Milken Global Conference on Bloomberg Television’s “Market Makers.”