This year, the annual celebration of Martin Luther King Jr.’s birthday aligns with the civil-rights leader’s actual birth date. On Monday, Americans will pay homage to the late Martin Luther King Jr., a pivotal figure in the civil-rights movement, as part of Martin Luther King Jr. Day. Established in 1983...
In 2023, despite initial concerns of a recession, the S&P 500 (SNPINDEX: ^GSPC) resiliently surged by 24%. The initial seven months witnessed a strong 20% increase, propelled by robust economic growth, subdued inflation, and a growing interest in artificial intelligence. However, the latter part of the year presented challenges. A...
Misjudging the timing of rate cuts poses a significant risk, caution TS Lombard strategists Amidst a robust “everything rally” driven by high expectations of Federal Reserve interest rate reductions to stave off a recession, the peril of inaccurately timing these cuts is underscored by Skylar Montgomery Koning and Andrea Cicione,...
On the early hours of Thursday, futures hinted at a slightly higher opening for the S&P 500, staying within a few points of the record close at 4796.6 recorded in January 2022. The possibility of reaching this milestone is contingent upon the release of the December CPI inflation report scheduled...
The upcoming week is poised to be a crucial juncture with several significant events that could shape the course of various markets. Despite an uncertain start for stocks in 2024, the first full trading week of the new year is expected to establish a definitive tone for the months ahead....
Stock investors have had a tumultuous beginning to the new year, grappling with uncertainties surrounding the Federal Reserve’s 2024 interest-rate cuts in terms of timing and magnitude. The impressive nine-week winning streak across all major U.S. stock indexes abruptly ended on Friday. This shift was prompted by unexpectedly strong job...
