Goldman Joins JPMorgan in Calling Growth Concerns Overdone
Wall Street strategists kept trying to calm equity investors, saying their worries over the economy are overdone.
Job openings back over 7 million and near a record high
There were 1 million more jobs than unemployed workers in the most recent government count of job openings, according to a Labor Department release Monday.
Leon Cooperman says SEC needs to investigate computer trading for causing ‘Wild West’ with markets
Omega Advisors and billionaire investor Leon Cooperman says he’d like the SEC to explain why it hasn’t reacted to the rise of algorithmic trading.
Service sector grows in November despite tariff, employment concerns
The U.S. services sector expanded in the month of November, according to data released Thursday by the Institute for Supply Management.
Treasury yield curve inversion is ‘noise,’ veteran investor Jack Ablin says
Veteran investor Jack Ablin suggests Wall Street is overreacting to the first Treasury yield curve inversion in a decade.
Stocks plunge may have been a too fearful reaction to trade, economic worries
Stocks plunged on warnings from the bond market that the global economy could be slowing, but strategists say it may be overreacting.
Strategists Expect Stellar 2019 for U.S. Stocks
The perennial penchant for bullishness among Wall Street strategists has looked a little shaky of late, but that isn’t keeping them from their annual ritual of predicting another up year for stocks.