Wednesday, May 18, 2022 07:29 PM By Joanna Ossinger Strategist believes there will be no recession this year ‘I almost refuse to talk about ‘where should I buy S&P?’” (Bloomberg) — Marko Kolanovic is resolute that things can get better for U.S. stocks as the year progresses, even with the S&P 500 tumbling and bullish catalysts seeming rare these days. “We […]

Thursday, May 19, 2022 05:01 AM By Sagarika Jaisinghani, Ishika Mookerjee and Abhishek Vishnoi Market is pricing a recession, but it’s not inevitable: Kostin Other strategists see stock slump as only just beginning (Bloomberg) — Doom and gloom on the outlook for the US economy and its stock market may have gone too far, according to some top Wall […]

Reuters May 16, 20225:23 AM PDT By Brenda Goh and Kevin Yao Shanghai aims for return to normal from June 1 City’s residents frustrated with shifting schedules China’s retail sales, industrial output plunge in April SHANGHAI/BEIJING, May 16 (Reuters) – Shanghai set out plans on Monday for the end of a painful COVID-19 lockdown that has […]

Wednesday, May 18, 2022 09:12 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 4,743 $228 Median 4,800 $227 High 5,330 $245 Low 3,900 $212 No. of replies 23 […]

Major General Kyrylo Budanov spoke exclusively to Sky News and predicted the war will reach a turning point in August. He correctly predicted when Russia would invade earlier this year. International Affairs Editor @DominicWaghorn Saturday 14 May 2022 04:19, UK Ukraine’s head of military intelligence says the war with Russia is going so well, that […]

By Neil MacFarquhar (New York Times) — Russia wanted to build a leaner, more flexible fighting force and eliminate waste, bureaucracy and corruption. But entrenched, Soviet-era practices endure. Army vehicles were so decrepit that repair crews were stationed roughly every 15 miles. Some officers were so out of shape that the military budgeted $1.5 million […]

Tuesday, May 17, 2022 06:01 AM By Olivia Rockeman Value of purchases climbed 0.9% in April after stronger March Spending gains were broad, potentially helped by credit cards (Bloomberg) — US retail sales grew at a solid pace in April, reflecting broad-based gains and suggesting demand for merchandise remains resilient despite rampant inflation. The value of overall retail […]

Monday, May 16, 2022 11:33 AM By Elena Popina Stock market pricing in higher recession risk than debt, rates Bullish strategist’s buy-the-dip calls haven’t worked in 2022 (Bloomberg) — Equity investors’ anxiety about a potential recession isn’t showing up in other parts of the market, which is giving JPMorgan Chase & Co. strategist Marko Kolanovicconfidence in his […]

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 […]

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 […]