Macroeconomic news

The U.S. economy has transitioned from mid-cycle to late-cycle, says the Bank of America Securities’ Jill Carey Hall. The transition would typically imply that the time for small caps to trump large caps is over. Interestingly, however, Hall still picks the former over the latter. Why Hall picked small caps…

The famous “cash is trash” comment from Bridgewater Associates Ray Dalio last year has been the bible for investors amidst the global pandemic. With rising inflation, however, it’s getting more challenging for them to find names with a built-in hedge against it.    Firestone’s remarks on CNBC’s “Squawk Box”…

The benchmark S&P 500 index is up 20% this year, but Goldman Sachs’ David Kostin says the next fifteen months won’t be nearly as exciting for the investors. Kostin forecasts SPX to close 2022 at 4,900 that represents a roughly 10% upside from here. Kostin defends his thesis on…

The U.S. economy added far less jobs in September than expected, the United States Bureau of Labour Statistics said in its employment report this morning. According to the Labour Department, U.S. employers added 194,000 jobs last month versus a sharply higher 500,000 expected – an indication that the effects of…

The S&P 500 index made investors uncomfortable in recent weeks as it fell more than 5.0% from a year-to-date high on September 2nd. On the other end of the spectrum, however, there’s Zor Capital’s Joseph Fahmy, who sees the recent pullback as merely a “part of the seasonal weakness”.

There’s a lot that could scare investors into staying away from the markets right now; inflation, rising rates, issues with China, supply chain constraints, debt ceiling, the list goes on. Amidst the concerns, however, Capital Wealth Planning’s Kevin Simpson says the ongoing pullback is a buying opportunity. Simpson’s remarks…

Inflation, supply chain constraints, and the ongoing issues with China have the Wall Street experts divided at the moment, with many seeing the recent dip in the market as a buying opportunity while others recommending prolonged caution. Katerina Simonetti’s remarks on CNBC’s “Worldwide Exchange” On CNBC’s “Worldwide Exchange”,…

The Wall Street indices turned green on Friday after a rough September. There’s still plenty that could argue a further move down, including China, supply chain constraints, inflation, and “Washington unknowns”, but Hightower’s Stephanie Link is convinced of better times ahead. Link’s remarks on CNBC’s “Halftime Report” Link expects supply…

Chamath Palihapitiya is a little “skittish” about the market, the founder and CEO of Social Capital revealed in an interview with CNBC’s Scott Wapner at the news channel’s Delivering Alpha Conference on September 29th. The venture capitalist still owns businesses with significant growth potential and finds offline businesses exciting…

The Dow Jones Industrial Average turned negative for the third quarter as the market sell-off continued on Tuesday and Short Hills’ Stephen Weiss warns that a rebound is unlikely in the upcoming months. Stephen Weiss’ remarks on CNBC’s “Halftime Report” On CNBC’s “Halftime Report”, Weiss cautioned that there…

The U.S. Federal Reserve is likely to raise interest rates next year that could higher multiple stocks. For investors looking for ways to hedge against it, Sandy Villere of Villere & Co says switching to small caps could be a smart move. Villere’s remarks on CNBC’s “Power Lunch” Villere…

The ongoing market sell-off is an “opportunity for long-term investors”, says Loup Ventures’ Gene Munster. He, however, has a different suggestion for ones with a “trading mindset”. Munster’s remarks on CNBC’s “Squawk Box” This morning on CNBC’s “Squawk Box”, Munster recommended traders to “stay clear for a month or…

As Evergrande sparked the worst day in the U.S. stock market since May, the benchmark S&P 500 index tested the 4,300 level on Monday but rebounded in the afternoon session. The rally continued into Tuesday morning and Monday’s low of 4,305 can be seen as a new “point…

The three most widely followed U.S. indices are down up to 3.0% in September, fascinating investors to consider buying the dip. Mad Money host Jim Cramer, however, holds a different opinion. Cramer’s remarks on CNBC’s “Squawk Box” On CNBC’s “Squawk Box”, Cramer said this morning that it was…

The benchmark S&P 500 index is up 20% year-to-date, and JPMorgan says it will climb a bit further before the end of the year. In a note on Wednesday, JPMorgan’s Head of U.S. Equity Strategy Dubravko Lakos raised his year-end price target on SPX to 4,700 that represents an…

Morgan Stanley (NYSE: MS) sees a bumpy road ahead for the U.S. equities. On Tuesday, the investment bank’s chief cross-asset strategist, Andrew Sheets, downgraded U.S. stocks to “underweight” citing “outsized risks to growth and policy” over the next two months. Sheets’ remarks on CNBC’s “The Exchange” On CNBC’s…

After an about 100% gain since the pandemic low of 2,305 in March 2020, many would think that the benchmark S&P 500 index running out of steam is no longer a matter of “if” but of “when”. On the contrary, however, UBS Global Wealth Management says it sees no…

The major Wall Street indices are still trading at or near record levels on Monday. After a close to 20% rally this year, many would think of now as an opportunity to take profit. James Investment Research’s Barry James, however, says, “new highs do not mean you need to sell”.

The benchmark S&P 500 index has climbed by more than 20% this year and is currently trading near record levels. For many investors, now would be an opportunity to take profit, but Wells Fargo says SPX has more to offer in the upcoming months. Wells Fargo’s Christopher Harvey said…

At the peak of the Coronavirus in March 2020, the financial market started to plunge sharply. Similar were the expectations in recent days as the delta variant continued to spread its wings across the United States. What confused many investors, however, was that the market wobbled last week but then…

Numerator published its report on 2021 holiday consumer intentions on Monday that said the majority of consumers weren’t expecting their holiday celebrations to be affected by the Coronavirus pandemic this year. Numerator’s survey covers the third quarter that includes the Fourth of July and the Labour Day. The report highlights…

The average daily Covid-19 deaths have continued to trend downwards and are at their lowest point since March of last year, according to The Wall Street Journal. This is a clear indication that increased vaccination has worked to stem the spread of Covid-19. With wider vaccine rollouts and easing…