Stocks could have a quick surge from here, BlackRock’s Larry Fink says
“We have a risk of a melt-up, not a meltdown here. Despite where the markets are in equities, we have not seen money being put to work,” the head of the world’s largest asset manager tells CNBC.
Jamie Dimon says the US economic expansion ‘could go on for years’
According to J.P. Morgan Chase CEO Jamie Dimon, the economic expansion that began after the 2008 financial crisis has no expiration date.
Credit Suisse raises S&P 500 forecast, sees 20% gain for 2019
Underneath the stock market’s epic rebound has been a “more favorable” trend that Credit Suisse says will drive the market higher.
Treasury’s Mnuchin expects elements of China trade talks to be resolved soon
The Trump administration is discussing a thick tome of ideas with Chinese officials as the two sides seek a trade deal, with Washington expecting some elements to be resolved soon, U.S. Treasury Secretary Steven Mnuchin said on Thursday.
Recession in 2019? Carlyle Group’s co-CEO says there’s enough momentum to avoid one
There will not be a recession this year despite a slowdown in economic activity worldwide, a top executive at Carlyle Group told CNBC Wednesday.
Credit Suisse, Goldman Downplay Market Risks From Earnings Slump
Strategists at two of Wall Street’s biggest firms are downplaying the risks posed by a looming earnings recession for corporate America, saying weakness among megacaps is masking broad-based profit growth.
Europe Looks Like the Real Weak Link in the Global Economy
For all the palpitations that the trade war between the U.S. and China will knock out their economies, it is Europe that increasingly looks like the biggest threat to global growth.
Fed Officials’ Views on the Economy Have Converged: It’s in a Good Place
Federal Reserve officials are getting their stories straight on the U.S. economy.
Understanding S&P 500 Forward Earnings Projections
by Chris Combs The below attached article titled “Latest Warning Sign for Markets: A Possible Earnings Recession” needs further explanation. If earnings projections are being revised down by analysts, why has the stock market continued to recover? The downward revision in full year 2019 S&P 500 EPS is mostly the result of a decline in […]