Wells Fargo’s Chris Harvey is reluctantly Street’s new biggest bull
Wall Street’s new biggest bull is growling a bit like a bear. Wells Fargo Securities’ Chris Harvey hiked his S & P 500 year-end price target by about 20% this…
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will…
Time running out for rate cuts, Jim Bianco warns before Fed meeting
The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely…
Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and…
Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding…
investors weigh 2024 interest rate outlook
U.S. Treasury yields were mixed on Wednesday, as investors considered the outlook for monetary policy and financial markets for the coming year. At 5:10 a.m. ET, the yield on the…
10-year Treasury yield rises to start the week
The 10-year Treasury note yield rose Monday to start the last full trading week of 2023. The yield on the 10-year Treasury was more than 2 basis points higher at…
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…