Profit forecasts are coming down as the economy slows and interest rates keep rising. Goldman Sachs generated a list of stocks it expects to earn much more than Wall Street predicts. Overall, the firm expects an economic “soft landing” and says the S&P 500 should rally 11% in 2023. It’s no surprise that profit projections… Continue reading GOLDMAN SACHS: Buy these 12 stocks that Wall Street is underestimating — setting the stage for outperformance in 2023
Wall Street is worried something is about to break in markets. Here’s where Jamie Dimon, Cathie Wood and 5 other top experts think the rupture will come.
Wall Street is worried about building signs of stress in markets and the financial system. Whipsawing assets, economic strains and dysfunction in the UK are raising red flags. Here’s what Jamie Dimon, Cathie Wood and 5 other experts say about where things could break. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Wall Street is worried something is about to break in markets. Here’s where Jamie Dimon, Cathie Wood and 5 other top experts think the rupture will come.
BofA sees a silver lining for the stock market’s 25% plunge this year: Valuations have been reset, and US investors should be able to avoid a ‘lost decade’
The silver lining to this year’s 25% decline in the stock market is that there is less risk of a “lost decade” going forward, according to Bank of America.The bank’s long-term valuation model points to annualized gains of 6% over the next decade.But the stock market isn’t out of the woods yet as there could… Continue reading BofA sees a silver lining for the stock market’s 25% plunge this year: Valuations have been reset, and US investors should be able to avoid a ‘lost decade’
Wharton professor Jeremy Siegel says the housing market is distorting high inflation readings, and expects home prices to fall up to 15%
Jeremy Siegel believes lagging housing market data is distorting the true rate of inflation.Siegel said if September’s CPI report used more current housing data, inflation would have dropped.”Housing prices by every indicator are going down, not up,” Siegel told CNBC on Thursday. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Wharton professor Jeremy Siegel says the housing market is distorting high inflation readings, and expects home prices to fall up to 15%
Stocks are finally oversold for the first time since 2016, but that doesn’t mean you should buy the dip just yet, says a Wall Street CIO
By one measure, the S&P 500 has dropped into oversold territory for the first time in six years. But investors should be cautious about viewing current levels as an entry point, according to The Leuthold Group. “Not all buy signals from VLT are slam dunks,” said Leuthold CIO Doug Ramsey. Loading Something is loading. Thanks… Continue reading Stocks are finally oversold for the first time since 2016, but that doesn’t mean you should buy the dip just yet, says a Wall Street CIO
BMO: These 42 dividend stocks will provide strong income growth as inflation continues to run hotter than expected
Premium Investors can target stocks with strong dividends to ride out high market volatility. Alistair Berg/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Higher-than-expected inflation has caused many Wall Street strategists to recalculate. Brian Belski, the top strategist at BMO Capital Markets, just cut his S&P… Continue reading BMO: These 42 dividend stocks will provide strong income growth as inflation continues to run hotter than expected
Bill Ackman touted a $2.7 billion profit from hedging rate hikes, explained his costly Netflix exit, and said interest rates could peak below 5%. Here are his 8 best quotes from a recent interview.
Bill Ackman’s Pershing Square has made about $2.7 billion hedging interest-rate hikes. Ackman explained his Netflix exit, and suggested US inflation has peaked and rates won’t exceed 5%. The billionaire investor cheered the bargains on offer following this year’s market downturn. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Bill Ackman touted a $2.7 billion profit from hedging rate hikes, explained his costly Netflix exit, and said interest rates could peak below 5%. Here are his 8 best quotes from a recent interview.
The White House is taking a tough stance against global rivals ahead of midterm elections. Here’s how that’s impacting US gas prices and the broader commodity market.
The Democrats are trying to prove their markets and economy track record ahead of upcoming midterm elections. The White House has emphasized declining gas prices and its tough stance on China. Joe Biden is also weighing up banning Russian metal imports as the war in Ukraine drags on. Loading Something is loading. Thanks for signing… Continue reading The White House is taking a tough stance against global rivals ahead of midterm elections. Here’s how that’s impacting US gas prices and the broader commodity market.
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