Tag: stock 2024
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Market in Peril: John Hussman Warns of 1929-like Bubble, Anticipates Steep Crash Ahead
Investor John Hussman is sounding the alarm on the current stock market, comparing it to historic bubbles like those before the 1929 crash and the peak in 2021. He warns that stock valuations now mirror those preceding past market downturns, signaling a looming correction. Despite the market hitting record highs due to optimism about the…
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Stocks Soar to Unprecedented Levels Following Fed’s Rate Decision
US stock indexes reached record highs on Wednesday after the Federal Reserve opted to keep interest rates steady and reaffirmed its forecast of three rate cuts for the year ahead. The S&P 500 (^GSPC) climbed 0.8%, closing above 5,200 for the first time at 5,224.62. Similarly, the Dow Jones Industrial Average (^DJI) rose about 1%…
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Connecting the Dots: Unpacking the Implications of Sluggish Dow Transports for Investors
Despite the surge in other major U.S. stock-market averages to record highs, the Dow Jones Transportation Average (DJT) has struggled, remaining more than 6% below its peak from November 2021. Over the past year, it has lagged behind the broader Dow Jones Industrial Average (DJIA) by over 12 percentage points. This performance has raised concerns…
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Surprising Findings: The U.S. Stock Market’s Unparalleled Diversity
Despite the prevalent discourse surrounding the dominance of a handful of companies such as the Magnificent Seven in propelling stock-market performance, the truth reveals a different narrative: the U.S. market stands as one of the least concentrated globally. This insight stems from the latest research findings presented in the global investment returns yearbook authored by…
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Economic Forecast: Strategists Signal Potential for ’70s Stagflation Replay
Equities faced difficulties while bonds excelled during the turbulent inflationary periods of the 1970s. Presently, investors are drawn to the idea of a “Goldilocks” market, but a group of quantitative strategists from Wall Street warns of a potential return to conditions reminiscent of the disco era. In a recent communication, J.P. Morgan analysts, spearheaded by…
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Fed Minutes Anticipation: Treasury Yields Maintain Stability
There was little change in bond yields on Wednesday morning as traders waited for the Federal Reserve’s January meeting minutes to be released. What’s happening What’s driving markets Investors were hesitant to make risky investments until the minutes from the Federal Reserve’s policy meeting on January 31st at 2 p.m. Eastern time were released. In…