Treasury Yields Jump as Conviction on Fed Hikes Grows
Key economic data this week pose risk of earlier rate hikes Two-year yield exceeds 0.80%, highest since March 2020 By Michael Mackenzie and Edward Bolingbroke January 3, 2022, 6:27 AM PSTUpdated onJanuary 3, 2022, 4:05 PM PST (Bloomberg) — Treasury yields surged, with 10-year notes recording their worst start to a year in more than a […]
Inflation Holds No Fears for Equities Bulls, BofA Survey Shows
Tuesday, January 18, 2022 02:01 AM By Nikos Chrysoloras Spread between stock optimism, bond pessimism at decade high Monthly survey shows highest ever allocation to commodities (Bloomberg) — Global fund managers expect inflation — not economic growth — to decline this year, and are placing record bets on a boom in both commodities and stocks, a […]
Investors see inflation falling, central banks as biggest risk to markets, Bank of America survey shows
PUBLISHED TUE, JAN 18 202212:02 PM EST Edwin Lopez sorts the money in the cash register at Frankie’s Pizza on January 12, 2022 in Miami, Florida. Joe Raedle | Getty Images Professional investors are growing less afraid of inflation and more leery about central banks’ reaction to it, according to the latest Bank of America […]
Deutsche Bank hikes price target for Apple, sees more than 15% upside for tech giant
PUBLISHED TUE, JAN 18 20227:11 AM ESTUPDATED 3 HOURS AGO Jesse Pound@JESSERPOUND In this article AAPL-2.87 (-1.66%) The Apple logo is seen on a window of the company’s store in Bangkok on February 14, 2021. Mladen Antonov | AFP | Getty Images Apple is in a good position to surprise Wall Street in 2022, creating a more […]
Goldman’s Kostin says earnings will drive the market in 2022. Here’s his ‘barbell strategy’ for how to play it
PUBLISHED THU, JAN 13 202212:10 PM ESTUPDATED 2 HOURS AGO Hannah Miao@HANNAHMIAO_ David Kostin, Goldman Sachs chief U.S. equity strategist, speaks during an interview with CNBC on the floor of the New York Stock Exchange, July 11, 2018. Brendan McDermid | Reuters Goldman Sachs’ David Kostin sees corporate earnings driving market action this year and […]
Profits for S&P 500 companies rose 22% in the fourth quarter and nearly 50% in 2021, estimates show
PUBLISHED THU, JAN 13 20227:05 AM ESTUPDATED THU, JAN 13 20227:35 AM EST Bob Pisani@BOBPISANI Traders work on the floor of the New York Stock Exchange (NYSE) in New York, January 12, 2022. Brendan McDermid | Reuters Earnings season begins with a focus on guidance. It’s a cliché, but it’s true: Investors are focused on […]
December’s consumer prices are likely to be hot, but the peak could come soon
PUBLISHED TUE, JAN 11 20223:30 PM EST Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM The consumer price index is released by the Labor Department Wednesday and is expected to show headline inflation jumped by 7%, its fastest pace since 1982. The Federal Reserve is already on a path to raise interest rates to battle rising prices. A hot number should […]
JPMorgan’s top strategist Kolanovic says buy the dip, markets can handle higher yields
PUBLISHED MON, JAN 10 202212:36 PM EST Yun Li@YUNLI626 Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading in the new year on January 03, 2022 in New York City. Spencer Platt | Getty Images Wall Street’s top strategist Marko Kolanovic said the sell-off in the […]
Tom Lee, the strategist who has correctly guided through the pandemic, sees more gains next year
PUBLISHED TUE, DEC 21 20219:13 AM EST Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM Tom Lee, Fundstrat Global Advisors Scott Mlyn | CNBC Fundstrat founder Tom Lee says 2022 could be treacherous for stocks, but he still expects the market to end the year higher. The widely-followed analyst, who was among the first to say buy stocks in March 2020, […]
Strategists’ S&P 500 Index Estimates for Year-End 2022 (Table)
Thursday, December 16, 2021 09:37 AM By Lu Wang (Bloomberg) — The table presents estimates from strategists for where the S&P 500 Index will finish 2022 and how much profit companies will generate. S&P 500 Index 2022 Close 2022 EPS Average 4,950 $231 Median 5,000 $232 High 5,330 $245 Low 4,400 $212 No. of replies 19 […]