Bitcoin could soar 268% to $100,000 as crypto winter is finally over, Standard Chartered says

Bitcoin could surge to $100,000 by the end of 2024, according to a Standard Chartered note. That’s due to bank turmoil, bitcoin halving, and the expected end of Fed rate hikes, among other things.  “While sources of uncertainty remain, we think the pathway to the USD 100,000 level is becoming clearer.” Loading Something is loading.… Continue reading Bitcoin could soar 268% to $100,000 as crypto winter is finally over, Standard Chartered says

The commercial real estate market is wobbling, and 2 of the largest players are feeling the pain of higher rates and tighter credit

Commercial real estate is feeling the pain of higher rates and tighter credit conditions.  Blackstone reported big losses in the past quarter, and Brookfield reportedly defaulted on some office loans.  Experts have warned that commercial property is the next shoe to drop after March’s bank failures.  Loading Something is loading. Thanks for signing up! Access… Continue reading The commercial real estate market is wobbling, and 2 of the largest players are feeling the pain of higher rates and tighter credit

Fears of an earnings recession are overblown and investors shouldn’t panic sell as stocks will hold up fine, BMO chief strategist says

Fears of a coming earnings recession might be overblown, says BMO Capital Markets.  Historical data shows four of the last seven earnings recessions didn’t coincide with economic contractions.  BMO also found that the S&P 500 during 16 profit recessions since 1948 rose by an average of 5.9% in the next six months.  Loading Something is… Continue reading Fears of an earnings recession are overblown and investors shouldn’t panic sell as stocks will hold up fine, BMO chief strategist says

Here are the 7 signals that suggest a ‘bullish cocktail’ is about to power a surprise rally in the stock market

Despite increased fears of a recession, the stock market is generating bullish signal after bullish signal. Carson Group’s Ryan Detrick highlighted seven signs that indicate an upside surprise. “We think the odds strongly favor continued strength from stocks in 2023,” Detrick told Insider. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Here are the 7 signals that suggest a ‘bullish cocktail’ is about to power a surprise rally in the stock market

Warren Buffett just made a rare trip to Tokyo. Here’s the story of a disastrous sushi dinner that made him swear off Japanese food forever.

Warren Buffett just made a rare trip to Japan after investing in five companies there. The famed investor swore off Japanese food after attending a disastrous sushi dinner in 1989. Here’s the story of Buffett’s 15-course meal, during which he didn’t take a single bite. Loading Something is loading. Thanks for signing up! Access your… Continue reading Warren Buffett just made a rare trip to Tokyo. Here’s the story of a disastrous sushi dinner that made him swear off Japanese food forever.

JEFFERIES: Buy these 18 stocks that are set for outperformance the rest of the year after dropping to long-term low prices

Jefferies says that investors are acting like it’s 2018 or 2020 and buying secular growth stocks. Strategist Steven DeSanctis says that’s a mistake, as the stocks are expensive and facing headwinds. DeSanctis put together a list of hard-hit stocks that he expects to stage a strong rebound.  Sometimes the old rules don’t apply anymore, and… Continue reading JEFFERIES: Buy these 18 stocks that are set for outperformance the rest of the year after dropping to long-term low prices

Stock market forecasts are getting grimmer as recession risks loom. Here are the latest calls from Mike Wilson, Jeremy Grantham, Jeremy Siegel and other experts.

Market pundits including Marko Kolanovic, Jeremy Siegel and Lisa Shalett have warned that US stocks are entering a danger zone.  The banking turmoil and the risk of a recession have spurred some of the recent pessimistic market forecasts. Here is a selection of the most recent stock-market predictions from high-profile investors, analysts and other experts.… Continue reading Stock market forecasts are getting grimmer as recession risks loom. Here are the latest calls from Mike Wilson, Jeremy Grantham, Jeremy Siegel and other experts.

Bond yields could drop under an idea that would make Treasury trading more like the stock market

Treasury markets have a liquidity problem that was fueled by regulatory changes after 2008. All-to-all trading, similar to how equities operate, is a possible fix that regulators are studying. It could also lead to astronomical growth in bond markets and lower yields, which would lift stocks. Loading Something is loading. Thanks for signing up! Access… Continue reading Bond yields could drop under an idea that would make Treasury trading more like the stock market