Historic tech sell-off is a ‘generational buying opportunity’ for the ‘right’ stocks, says analyst Dan Ives
PUBLISHED FRI, MAY 13 202212:20 PM EDTUPDATED 40 MIN AGO Sarah Min@_SARAHMIN In this article PANW+11.12 (+2.32%) TSLA+41.23 (+5.66%) LICY+0.78 (+12.36%) AAPL+3.90 (+2.73%) XOS-0.02 (-1.07%) The tech sell-off is not the second dot-com bubble — it’s a “buying opportunity” for the right stocks, according to Wedbush Securities’ Dan Ives. “We view this historic sell-off as more of a generational buying […]
U.S. INSIGHT: Will China Lockdown Knock Fed Off 50-bps Path?
Monday, May 9, 2022 02:39 PM By Anna Wong (Economist) (Bloomberg Economics) — At his press conference following the May FOMC meeting, Fed Chair Jerome Powell outlined the condition that would allow the committee to shift from 50-bps rate hikes to 25-bps: Inflation would have to come down on a sustained basis. One way that could happen […]
Williams Says Unemployment Rate May Rise as Fed Fights Inflation
Tuesday, May 10, 2022 06:36 AM By Matthew Boesler and Alexander Weber New York Fed chief speaks at economics conference in Germany Sees inflation cooling to nearly 4% in 2022, 2.5% in 2023 (Bloomberg) — The US central bank’s interest-rate increases may lead to somewhat higher unemployment as it attempts to bring about a “soft landing” while tackling […]
Goldman’s Oppenheimer Sees Value After $11 Trillion Stock Rout
Tuesday, May 10, 2022 02:55 AM By Michael Msika and Nikos Chrysoloras European stocks at ‘oversold’ levels, Nasdaq 100 nearing that Goldman, JPMorgan see buying opportunities after selloff (Bloomberg) — The rout in global equity markets that erased $11 trillion since the end of March may be reaching a floor for now as battered valuations, particularly among tech […]
2018: The key reasons behind the stock market’s ugly October fall
Published: Oct. 29, 2018 at 8:10 a.m. ET By Mark DeCambre The Dow has lost around 2,140 points, or 8%, since its Oct. 3 2018 all-time high, as of Friday’s close Markets are falling fast. But why? A few short weeks ago the Dow industrials were on the verge of busting through another psychological milestone […]
Inflation outlook for consumers falls from record high, Fed survey shows
Inflation expectations over the next year fell to a median 6.3% in April, a 0.3 percentage point decrease from the record high the previous month. Still, household spending is projected to rise a record 8% over the next year, according to a New York Fed survey of consumers. Consumer expectations for gas price increases fell […]
JPMorgan’s Kolanovic says the globe is not headed toward recession and is very bullish energy stocks
PUBLISHED MON, MAY 9 20222:18 PM EDTUPDATED 25 MIN AGO Pippa Stevens@PIPPASTEVENS13 In this article EOG-15.10 (-11.42%) OXY-7.35 (-11.32%) Stocks tumbled Monday as global growth concerns continue to weigh on markets, but JPMorgan doesn’t see a recession on the horizon. With this in mind, the firm is doubling down on its call to buy energy stocks. “The […]
CNBC: Ron Insana says the Fed is defying logic by trying to create a recession
Below is an excellent article highlighting the alternative view of what the federal reserve should be doing today. Though the article makes good points, the Federal Reserve does have to move off of negative real rates and begin to normalize monetary policy. Federal reserve forward guidance is to normalize monetary policy, not to create a […]
JPMorgan’s Kolanovic Sees Rebound as Bearish ‘Fears Overblown’
(Bloomberg) — Monday, May 2, 2022 01:17 PM By Jessica Menton The negativity in the U.S. stock market has become so overwhelming that a rebound may not be far off, JPMorgan Chase & Co.’s strategists say. In a note to clients, analysts led by Marko Kolanovic pointed to the closely watched American Association of Individual Investors survey hitting the […]
Wharton’s Jeremy Siegel says the struggling stock market now looks attractive for long-term investors
CNBC PUBLISHED FRI, APR 29 2022 5:10 PM EDT Kevin Stankiewicz Wall Street just finished up a brutal April, and Wharton School’s Jeremy Siegel told CNBC he’s now liking where the stock market sits. In an interview on “Closing Bell: Overtime,” the longtime University of Pennsylvania finance professor stressed it’s impossible to know if the […]