Pete Biebel from Benjamin F. Edwards suggests that a portion of Santa’s generosity may have already been distributed, indicating a potential early start to the anticipated Santa Claus rally on Wall Street. This traditional rally is characterized by the stock market‘s tendency to ascend during the final five trading days...
Recent attacks on commercial shipping in the Red Sea are raising broader concerns about the potential resurgence of inflation, especially in Europe, posing a threat to the central narrative in the financial markets for the new year. This narrative gained traction after the Federal Reserve’s recent shift towards a more...
U.S. stock markets capped off their seventh consecutive week of gains as they closed mostly higher on Friday, following the Federal Reserve’s policy meeting. According to Dow Jones Market Data, the S&P 500 achieved its lengthiest weekly winning streak since November 2017. Breaking down the performance of key indices on...
As the year approaches its conclusion, financial professionals can enumerate a range of reasons for the continued ascent of the U.S. stock market. Nevertheless, a faction of Wall Street strategists contends that attributing the market gains solely to the possibility of a “soft landing” for the U.S. economy or potential...
Approaching the year’s final Federal Reserve meeting, stock markets continue their ascent to new record highs. The pivotal question remains: Can the Fed sustain this upward trajectory? The answer hinges on the forthcoming insights from Chair Jerome Powell and the dot plot detailing future rate expectations. Diverging from the current...
Doubts are emerging on Wall Street regarding the enduring appeal of the once-praised “Magnificent Seven.” An intriguing development unfolded in the U.S. stock market on Monday, triggering speculation and prompting concerns about the future trajectory of market leadership. Despite all three major U.S. equity indexes achieving fresh 52-week highs, with...
