Bank of America Merrill Lynch’s near-perfect market indicator is pointing to a strong buy
The continuing deterioration in investor sentiment is triggering a buy signal from a measure that has a 94 percent success rate.
Never Mind the Fed: Reliable S&P 500 Rescuer Poised to Return
While investors debate whether the Federal Reserve will rescue stocks, one reliable source of support for the market is poised to return.
Nobel Prize winner Robert Shiller: I don’t expect a sharp turn in the housing market
The housing market may be slowing down, but Yale economist Robert Shiller says he isn’t fearful that a big downturn is ahead.
A Hard Landing for China Just Isn’t in the Cards
The “common” view of China has long been that its economy is teetering on the verge of collapse, its impressive economic growth over the past 40 years has been a fluke, and it can’t be sustained.
Goldman Sachs: Sell-off is ‘overdone’ and market should rebound by 6% before end of the year
The stock market sell-off over the past month has gotten overdone and will be offset in part as companies get back to buying back their own shares, according to a Goldman Sachs analysis that sees the market gaining close to 6 percent over the next two months.
The Federal Reserve doesn’t need to ‘keep our foot on the gas pedal’ anymore, Fed’s Bostic says
The risk of a powerful economy overheating is the reason the Fed should stick to its schedule of interest rate increases, Atlanta Federal Reserve President Raphael Bostic said Tuesday.
Market sell-off is about 80 percent over and will be reversed by share buybacks, JP Morgan says
The recent mini-correction in stocks has been driven mostly by technical factors and should reverse as companies progress through earning season, according to J.P. Morgan strategists.
U.S. regains crown as most competitive economy for first time since 2008: WEF
The U.S. economy sits atop of the World Economic Forum’s annual global competitiveness survey for the first time since the 2007-2009 financial crisis, benefiting from a new ranking methodology this year, the Swiss body said on Tuesday.
Goldman says sell-off is just about over so get back into growth stocks
While investors wait for the sequel to last week’s market sell-off, Goldman Sachs strategists think the worst of it already may have passed.