Economists Say Inflation Impact May Be Brief, but Tariffs Could Alter Fed’s Rate Path The return of “Tariff Man” is shaking up global markets, with President-elect Donald Trump reigniting trade tensions by pledging significant tariffs. On Monday, Trump announced plans to impose a 25% tariff on imports from Mexico and...
According to Bank of America (BofA) Global Research, U.S. stocks typically perform well during Thanksgiving week, with even stronger gains observed in presidential election years. “Seasonality suggests that Thanksgiving week can be a strong week,” said Stephen Suttmeier, BofA’s technical research strategist, in a recent note. Historical data shows that...
Tariffs and Inflation: BNY Wealth CIO Says It’s ‘Far Too Early’ to Predict Significant Impact Inflation Concerns Resurface as Investors Eye Policy ShiftsU.S. financial markets are grappling with renewed inflation fears following President-elect Donald Trump’s victory, as investors weigh the potential impact of proposed policies like tax cuts and import...
Morgan Stanley’s Andrew Slimmon: ‘It’s hard to see the market correcting before year-end.’ The S&P 500 has staged a comeback from last week’s decline, which briefly erased its post-election rally, keeping the index on track for a strong finish to 2024. The November 5 election outcome may further fuel the...
High Valuations Raise the Stakes as Q4 Earnings Forecasts Decline As the year winds down, Wall Street analysts are once again trimming their profit forecasts for the next calendar year—a common practice during the fourth quarter. By mid-November, estimates for S&P 500 earnings in 2025 had fallen to $274.96 per...
Bears Are Eyeing This Stock-Market Predictor — But It’s Rarely Right The “Fed model” isn’t about to derail the stock market, despite its recent shift into negative territory. This well-known market-timing tool compares the stock market’s earnings yield (the inverse of the P/E ratio) with the 10-year Treasury yield. According...
