Markets

Expect the US economy to shrink later this year, and stocks to retreat, Seema Shah says. The top strategist expects a mild recession that ends next spring, and AI to shore up equities. Shah advises investors to get creative and invest more widely as the market backdrop softens. Loading Something is loading. Thanks for signing… Continue reading Recession will strike and stocks will drop – but the declines won’t be half as bad as some fear, leading strategist says

Tech stocks may climb 10% to 12% in the second half of the year, Wedbush’s Dan Ives said. The sector is poised for a “1995 moment” similar to the boom that followed the advent of the internet. Unlike some skeptics, Ives doesn’t think tech stocks are about to burst like they did in 1999. Loading… Continue reading Tech stocks are in a ‘1995 moment’ and poised to boom on the AI revolution, Wedbush says

Recent gains by small-cap stocks are a sign of a broader rally, LPL Financial’s Quincy Krosby wrote. It also points to a sturdier economy as the Russell 2000 index is seen as riskier than the S&P 500. “Steady interest in small-caps suggests the economy is more resilient than the headlines imply.” Loading Something is loading.… Continue reading These bellwether stocks have flashed a larger market signal of underlying economic strength

Building a home known as an accessory dwelling unit could be a novel solution to low housing supply.  ADUs are units built on the lot of an existing home and tend to be cheaper to construct and live in. Higher rates have frozen the housing market, leading to a national shortage of homes for sale. … Continue reading Housing inventory is so tight that more shut-out home buyers could end up building backyard homes, researchers say

Wall Street experts differ in their outlooks for America’s housing market.  Wharton professor Jeremy Siegel, real estate tycoon Jeff Greene, and others have warned that home prices will drop, while others like “Shark Tank” star Barbara Corcoran are more optimistic. Here’s what 6 top commentators have said about US house prices over the past week.… Continue reading Wall Street is divided on the outlook for US house prices. Here’s what 6 experts have recently said.

The Fed’s battle against inflation could have economic consequences well beyond US borders, according to a new World Bank report. The swift tightening of monetary policy will particularly impact emerging market and developing economies. Markets believe it is likely the Fed will pause interest rate hikes at its policy meeting next week. Loading Something is… Continue reading The Fed’s fight against inflation hasn’t caused a recession in the US yet, but it could lead to a global downturn

Russia’s central bank sounded alarms on inflation amid the falling ruble and a record labor shortage. Policymakers kept interest rates steady on Friday but signaled an increase may be coming soon. “The option of hiking the rate was considered, but by consensus we decided to hold the rate, but tighten the signal.” Loading Something is… Continue reading Russia’s central bank sounds alarms on the economy as the falling ruble and record labor shortage add inflationary pressures

There’s more upside left in stocks after a new bull market started on Thursday, according to Bank of America.”After crossing the +20% mark from the bottom, the S&P 500 continued to rise over the next 12 months 92% of the time,” BofA said.These are five questions investors should ask now that the bear market is… Continue reading ‘New bull market has legs’: These are the 5 questions investors should ask now that the bear market is officially over