A seasoned strategist whose accurate prediction of the 2023 market rally garnered attention now envisions a period of stagnation for stocks throughout the remaining course of this year and possibly extending into 2024. This foresight is rooted in the belief that corporate earnings growth will fall short of the exceedingly...
The U.S. stock index futures fell on Tuesday, reflecting a cautious market sentiment following the release of underwhelming Chinese international trade figures for July. Bank stocks grabbed attention after Moody’s Investor Service announced that it was considering downgrading its credit ratings for six significant U.S. banks. How are stock-index futures...
Stocks have surged to unprecedented heights, prompting a reassessment of S&P 500 targets by Wall Street. However, exercising caution and resisting the allure of hype is prudent. At the onset of the week, several strategists recalibrated their S&P 500 projections. Citigroup adjusted its mid-2024 estimate from 4400 to 5000, while...
Exercise Caution”: Wall Street’s Esteemed Bull Hints at Potential Stock Market Sell-Off A potential storm may be brewing in the stock market, and one of Wall Street’s most respected figures is raising the alarm. Tom Lee, a renowned strategist from Fundstrat, known for his consistently optimistic outlook even in skeptical...
A team of U.S. equity analysts at Goldman Sachs has unveiled the secret underpinning the consistent outperformance of the U.S. stock market compared to international counterparts. The concept is elegantly simple: U.S. corporate managers possess a unique skill in maximizing returns from each dollar of equity investment. This performance metric,...
As U.S. stocks continue to soar to fresh yearly highs, concerns loom over the possibility of an impending recessionary bear market, as brought to light by Tyler Richey, co-editor at Sevens Report Research. According to Dow Jones market data, the Dow Jones Industrial Average (DJIA) and S&P 500 index recently...
