-
David Rubenstein Predicts 3 Fed Rate Cuts, Emphasizes Trump's Election Prospects: 'He's A Serious Political Force'
Friday, January 19, 2024 - 10:27am | 654At the World Economic Forum in Davos, David Rubenstein, co-chairman of the Carlyle Group and renowned philanthropist, offered predictions on interest rate cuts and the U.S. political landscape for 2024, including Donald Trump‘s rising prospects in the upcoming presidential election....
-
Bank Of America Predicts 10 2024 Market Surprises: From Booming IPOs To Japanese Equity Surge
Tuesday, January 9, 2024 - 3:46pm | 712The fastest easing of financial conditions in history could leave markets offsides if the expected ideal economic scenario fails to materialize, Bank of America warned in a note released on Tuesday. The bank’s analysts observed that investors recently adopted a conflicting stance,...
-
JPMorgan's Top Strategist Predicts Stock Market Turbulence In 2024: 'Markets Appear Overbought'
Tuesday, January 9, 2024 - 12:48am | 628JPMorgan‘s chief global strategist, Marko Kolanovic, predicts a challenging year ahead for stock markets in 2024. What Happened: Kolanovic revealed on Monday that investors should brace themselves for a riskier reward environment than previously anticipated, Business Insider reported. He...
-
Top Economist David Rosenberg Predicts 2024 Economic Downturn With Echoes Of 2007 And 2000: 'Premature To Throw In The Recession Towel'
Wednesday, January 3, 2024 - 10:43pm | 550Acclaimed economist David Rosenberg has voiced concerns over an impending recession in 2024, which he believes may lead to stock market instability. What Happened: Rosenberg on Wednesday warned of a potential economic downturn. He highlighted that such a situation could take investors by...
-
Jim Cramer Tells Investors To 'Wait..For Sell-Off' As Buyers Temporarily Move Away From Magnificent Seven: 'Then Do Some Buying'
Tuesday, January 2, 2024 - 9:57pm | 775CNBC’s Jim Cramer recently shared his market predictions for 2024, suggesting a possible sector rotation and significant influence from Federal Reserve decisions. What Happened: Cramer on Tuesday predicted that investors might move away from the leading Magnificent Seven tech stocks to invest...
-
EXCLUSIVE: Gene Munster Predicts 1990s-Like Surge In Tech Stocks, Cautions Against AI's 'Bubble-Like' Environment
Wednesday, December 27, 2023 - 1:29pm | 604Gene Munster, the managing partner at Deepwater Asset Management, shared his insightful year-ahead outlook for the technology sector. In an appearance on Benzinga’s “PreMarket Prep” Wednesday, Munster provided a comprehensive look into the future of tech stocks. Artificial...
-
Ed Yardeni's 12 Reasons For Being Bullish On S&P 500 In Upcoming Year
Wednesday, December 27, 2023 - 11:57am | 757As 2023 nears its end, renowned economist and market expert Ed Yardeni offered a bullish perspective on the S&P 500 Index for the upcoming year. The president of Yardeni Research’s perspective comes at a pivotal moment, as the SPDR S&P 500 ETF Trust (NYSE:SPY) is currently hovering...
-
Semiconductor Stocks Soar To All-Time Highs: On Track For Strongest Year Since 2008, But Are They Too Expensive Now?
Tuesday, December 26, 2023 - 12:48pm | 1541In 2023, the semiconductor industry has emerged as the standout performer, with the PHLX Semiconductor Sector, tracked by the iShares Semiconductor ETF (NYSE:SOXX), achieving a remarkable 66% increase and reaching new all-time highs. This growth not only signifies the strongest performance among U...
-
China Vs. Emerging Markets: Opportunity Or Value Trap For Investors In 2024?
Tuesday, December 26, 2023 - 10:32am | 894Are Chinese stocks and the broader emerging markets an attractive investment opportunity, or do they represent a value trap? This question becomes even more pressing given the divergent performances and economic signals emanating from China and other emerging economies. The onset of 2023 brought...
-
Long-Duration Treasury Bonds Enter Bull Market: What Lies Ahead In 2024?
Wednesday, December 20, 2023 - 1:11pm | 673Long-duration Treasury bonds, a cornerstone of many investment portfolios, have recently recovered from a bear market that commenced in August 2020. This downturn led to a significant reduction in value, with a maximum drawdown exceeding 50% at their lowest point. The iShares 20+ Year Treasury Bond...
-
How High Can S&P 500 Go In 2024? Goldman Sachs Sets An Even Loftier Target
Monday, December 18, 2023 - 12:18pm | 604Goldman Sachs’ chief equity strategist, David Kostin, has revised the 2024’s year-end S&P 500 index target to 5100, marking a 7% increase from its current level, and up from the previous target of 4,700. The catalyst behind this bullish revision? A Federal Reserve that’s...
-
Markets Go 'All-In' On Fed Pivot: Bank of America Forecasts 152 Global Interest Rate Cuts For 2024
Friday, December 15, 2023 - 10:07am | 736Bank of America chief investment strategist Michael Hartnett, predicts that global central banks will collectively deliver 152 interest rate cuts in 2024. This would mark the first year since 2020 when rate cuts surpass rate hikes. According to the leading Wall Street analyst, markets are going...
-
Will Recession Accompany Bull Market In 2024? Analysts Project S&P 500 Nearing 5,000 Mark
Wednesday, December 13, 2023 - 1:04pm | 532A blend of caution and optimism for the upcoming year is evident in LPL Research’s economic and investment outlook for 2024. The team of specialists at LPL Research, featuring chief investment officer Marc Zabicki, chief global strategist Quincy Krosby, and chief economist Jeffrey Roach, has...
-
S&P 500's Hidden Gems: 27 Stocks With 30%+ Upside Potential According To Wall Street Analyst Targets
Thursday, December 7, 2023 - 2:08pm | 1617The S&P 500 Index has risen by 19% year-to-date, with three weeks remaining in the year and just a five percentage point gap from the all-time highs reached in January 2022. Despite the impressive rally in the broader stock market, closely followed by the SPDR S&P 500 ETF Trust (NYSE:SPY),...
-
Bull Market Takes Flight For Airline Stocks As Rosier 2024 Outlook Clears Wall Street's Last Hurdles
Wednesday, December 6, 2023 - 3:54pm | 770Stocks in the airline industry, as tracked by the U.S. Global Jets ETF (NYSE:JETS), have surged more than 20% since early November. This underscores a new bull market phase, fueled by strong demand and optimistic future projections. Earlier this year, airline stocks were riding high on the...