This stock market signal points to the S&P 500 surging 25% within the next year

There’s still significant upside potential in the stock market, according to Bank of America.The bank said the S&P 500 could surge 25% within the next year based on a bullish indicator.”Analyst consensus long-term growth expectations today suggest big gains,” BofA’s Savita Subramanian said. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading This stock market signal points to the S&P 500 surging 25% within the next year

5 common misconceptions about the US’s $32 trillion debt mountain

The US’s $32 trillion debt mountain may not be as bad as it seems. There are some misconceptions surrounding the national deficit, according to experts. Still, economists say debt problems could arise in the future given the current rate of spending. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading 5 common misconceptions about the US’s $32 trillion debt mountain

Legendary investor Jeremy Grantham rang the alarm on stocks and recession, warned about the housing market, and hailed Elon Musk’s Tesla. Here are his 10 best quotes from a recent event.

Jeremy Grantham issued grim warnings about the US stock market and economy this week. Stocks will slump despite AI buzz, and there’s a 70% chance of recession by early 2025, he said. Grantham touched on meme stocks, banking risks, real estate, commodities, and Elon Musk’s Tesla. Loading Something is loading. Thanks for signing up! Access… Continue reading Legendary investor Jeremy Grantham rang the alarm on stocks and recession, warned about the housing market, and hailed Elon Musk’s Tesla. Here are his 10 best quotes from a recent event.

Wall Street is turning cautious on US stocks, while some experts warn of pain ahead. Here’s what JPMorgan, Jeremy Grantham and others have said.

Zahra Tayeb TIMOTHY A. CLARY / Getty Investors are turning increasingly wary of what the end of 2023 brings for stocks and the US economy.  Wall Street banks including JPMorgan and Bank of America Merrill Lynch are turning more defensive in their investing approach.  Here’s what six top voices have said about US stocks as… Continue reading Wall Street is turning cautious on US stocks, while some experts warn of pain ahead. Here’s what JPMorgan, Jeremy Grantham and others have said.

The delayed effect of mortgage rates means housing affordability is actually about to get worse

Housing affordability is about to get even worse, thanks to the delayed impact of mortgage rates. Morgan Stanley researchers pointed out that it takes about seven weeks to close a mortgage. In addition, some housing data come out with a two-month delay, they said on a podcast. Loading Something is loading. Thanks for signing up!… Continue reading The delayed effect of mortgage rates means housing affordability is actually about to get worse

What Are FAANG Stocks?

“What are FAANG stocks” is a question newer investors may ask when they hear the once-popular phrase “FAANG stocks” tossed around. In 2013, CNBC commentator Jim Cramer coined “FANG” as an acronym for Facebook – now Meta Platforms (META) – Amazon.com (AMZN), Netflix (NFLX) and Google, which is now Alphabet (GOOGL). He wanted to find… Continue reading What Are FAANG Stocks?

Stock Market Today: UAW Strike Sends Stocks Lower

Stocks opened lower Friday and kept sliding into the close. Weighing on investor sentiment was the United Auto Workers (UAW) strike, which officially began today after contract negotiations between union leaders and the country’s three largest automakers stalled ahead of last night’s deadline.  Market participants also looked ahead to next week’s Fed meeting following a… Continue reading Stock Market Today: UAW Strike Sends Stocks Lower