Updates – Webinar

Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On

August 30th, 2023|

Farah Elbahrawy Bloomberg August 25, 2023 Oppenheimer’s Stoltzfus raises year-end target to 4,900 Morgan Stanley’s Wilson turned less bearish on Monday There’s a shift in tone happening across Wall Street. Oppenheimer Asset Management’s Chief Investment Strategist John Stoltzfus lifted his target on the S&P 500 index to a Street high, a day after Morgan Stanley’s Michael Wilson, one of

Powell Signals Fed Will Raise Rates If Needed, Keep Them High

August 30th, 2023|

Catarina Saraiva and Craig Torres Bloomberg August 25, 2023 Fed in position to ‘proceed carefully’ at upcoming meetings Stronger economy could push up inflation, warrant more hikes Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on

Strategists See Dip-Buying Shot Arising From Stock Rally’s Pause

August 21st, 2023|

Alexandra Semenova Bloomberg August 21, 2023 Citi, HSBC, Goldman eying when investors should pile in With soft landing, it may hit reset on lofty equity valuations If the August downturn for US stocks resumes, Wall Street strategists say it may be a buying opportunity for those who sat out of this year’s rally — not the beginning

Wall Street Forecasts Project Profit Recession Ends Next Quarter

August 7th, 2023|

Jessica Menton Bloomberg August 5, 2023 With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, but for a broad swath of companies the worst of the profit pain is likely over as margin-shredding inflation pressures ease. The bad news: S&P 500 Index companies are on track to notch a third straight quarter

JPMorgan Scraps Recession Call in Latest Sign of Rising Optimism

August 4th, 2023|

Reade Pickert Bloomberg August 4, 2023 JPMorgan Chase & Co. economists scrapped their call for a recession in the US, joining a growing number of forecasters who now expect the economy to avert the downturn that was once viewed as inevitable. The bank, which had previously said it expected a recession to begin in 2023,

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