The SPDR Gold Shares ETF saw a strong surge in the third quarter, fueled by growing investor optimism that the Federal Reserve could successfully achieve a “soft landing” for the U.S. economy. By the end of September, many investors appeared more confident that the Fed could lower inflation without triggering...
Investors are increasingly jittery about economic data, even reports that once flew under the radar. As the Federal Reserve works to lower interest rates and guide the economy toward a soft landing, market reactions have become more pronounced. While crucial reports like monthly job numbers still draw attention, even routine...
This raises concerns about how much longer the rally can maintain its current momentum. The S&P 500 is nearing a rare milestone: a 20% or greater rise in two consecutive calendar years. As of Tuesday’s close, the index had crossed the 20% year-to-date mark, hitting its 41st record high of...
The U.S. stock market continued its strong upward momentum on Monday, with the S&P 500 and Dow Jones Industrial Average reaching new all-time highs. According to DataTrek Research, the S&P 500 could hit 6,000 by 2024, a target that now seems realistic after the Federal Reserve began cutting interest rates....
September is typically the worst month for U.S. stocks, but 2024 is breaking that pattern. Historically, September has earned a bad reputation on Wall Street, with the S&P 500 averaging a 1.2% loss, making it the weakest month of the year, according to Dow Jones Market Data. However, this year’s...
On Wednesday, the U.S. Federal Reserve made waves by cutting interest rates by half a percentage point. While market responded positively, whether this marks a successful move remains uncertain. David Rosenberg’s Top Picks: Long-Term Treasury Bonds, Gold, Utilities, Real Estate, Financials, and Dividend Growth Stocks “The Fed’s 50-basis-point rate cut...
