2024 will get really sloppy in first half
Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625…
New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known as dividend monarchs. That’s a top strategy for Roundhill Investments,…
Big mistake if you park your money forever in bonds
Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of high interest rates and an aversion to risk taking are…
20% stock market plunge ahead, recession
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks…
Bond yields could race through 5%, market forecaster Jim Bianco warns
Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in the next couple of weeks. “I don’t think we’re near…
Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks
Srettha Thavisin, Thailand’s prime minister, arrives at the Thai Parliament in Bangkok, Thailand, on Monday, Sept. 11, 2023. Valeria Mongelli | Bloomberg | Getty Images Months of political deadlock and…
Bond yield jump is not death to equities: BofA’s Savita Subramanian
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on Tuesday. In fact, Subramanian sees the bond move as a…
New trading tech doesn’t alter investment pillars: William Bernstein
Advancements in investment products and trading platforms haven’t altered long-standing investing fundamentals, according to neurologist and best-selling financial author William Bernstein. Bernstein, who released the second edition of his 21-year-old…
JPMorgan backs off recession call even with ‘very elevated’ risks
JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are…
Substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no substitute for…