Two big catalysts this week could represent a “game changer” for the stock market, according to Fundstrat’s Tom Lee.The outcome of Tuesday’s midterm elections and Thursday’s CPI report could turn around investor sentiment.”As hopeless and negative as sentiment appears, positive data points could be on horizon,” Lee said. Loading Something is loading. Thanks for signing… Continue reading There are 2 big catalysts that could be a ‘game changer’ for the stock market this week, according to Fundstrat’s Tom Lee
The Fed is raising interest rates, but there’s another tool that it hopes will help crush inflation and deflate market bubbles
The Fed has ratcheted up interest rates this year, but that’s only half of its approach to fighting inflation and taming frothy markets. Quantitative tightening is meant to suck excess liquidity from the market, fighting inflation and deflating bubbles. Experts say there is the potential it goes too far, but the Fed can avoid a… Continue reading The Fed is raising interest rates, but there’s another tool that it hopes will help crush inflation and deflate market bubbles
There’s a great bull market right around the corner in 2023, even as investors hoard cash at the highest rate since the pandemic began, BofA says
There is a great new bull market set to form in stocks next year, just not where most investors expect.Small-cap stocks are poised to go on a big run in 2023, according to a Friday note from Bank of America.”Secular trends of stagflation, reshoring, localization, fiscal stimulus = small cap bull in 2023,” BofA said.… Continue reading There’s a great bull market right around the corner in 2023, even as investors hoard cash at the highest rate since the pandemic began, BofA says
Brace for the Fed to steer the US into recession, Nouriel Roubini has warned. Here’s where ‘Dr Doom’, Sam Zell, and 3 other top experts think the economy will suffer.
Economist Nouriel Roubini has warned the Federal Reserve will have to trigger a recession. The US central bank has hiked interest rates from near zero to 4% to curb soaring inflation. Here’s “Dr Doom”, Sam Zell and other top experts on what damage that could do to the US economy. Loading Something is loading. Thanks… Continue reading Brace for the Fed to steer the US into recession, Nouriel Roubini has warned. Here’s where ‘Dr Doom’, Sam Zell, and 3 other top experts think the economy will suffer.
Warren Buffett’s Berkshire Hathaway spent a net $3.7 billion on stocks last quarter – and plowed another $1 billion into buybacks
Warren Buffett’s Berkshire Hathaway reported higher third-quarter revenues and operating profits. Buffett’s company spent a net $3.7 billion on stocks, and repurchased $1 billion of shares. Berkshire’s cash pile grew to $109 billion, after shrinking 28% in the first quarter. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Warren Buffett’s Berkshire Hathaway spent a net $3.7 billion on stocks last quarter – and plowed another $1 billion into buybacks
‘The Fed has to do the dirty work’ and induce a US recession that’s deeper than Europe’s as the economy is clearly overheating, BofA says
The Federal Reserve has to do the “dirty work” of bringing labor demand down to match supply, Bank of America analysts said. As a result, the US will face a deeper recession than Europe, where the labor market is already much weaker. BofA sees the Fed hiking the benchmark rate to 5.25%, while the European… Continue reading ‘The Fed has to do the dirty work’ and induce a US recession that’s deeper than Europe’s as the economy is clearly overheating, BofA says
Dow rises 403 points in volatile session as investors assess strong jobs report and path of rate hikes
Matthew Fox Spencer Platt/Getty Images US stocks surged on Friday after a solid jobs report showed nonfarm payrolls jumping 261,000 in October.The unemployment rate rose to 3.7%, but the jobs report was likely not weak enough to change the Fed’s interest rate hike plans.Stocks were also higher after new speculation that China would lift its… Continue reading Dow rises 403 points in volatile session as investors assess strong jobs report and path of rate hikes
A soft landing is a ‘very probable scenario,’ and Fed rate hikes to 5.25% would be a big overshoot, portfolio manager says
A soft landing is a “very probable scenario,” according to PGIM Fixed Income Senior Portfolio Manager Michael Collins. He told Bloomberg TV on Friday that GDP growth slowing to 0%-2% would be a good outcome and would leave rates closer to 4%. Meanwhile, investors are now expecting the Fed to raise interest rates to 5.25%… Continue reading A soft landing is a ‘very probable scenario,’ and Fed rate hikes to 5.25% would be a big overshoot, portfolio manager says
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