Stocks could continue to go higher at least through the end of the first quarter given the massive stimulus out of Washington and the Fed’s purchase program, according to Guggenheim’s Scott Minerd. The chairman of investments and global CIO told CNBC on Thursday “Stocks have a green light…I probably would […]
Technology stocks have led the broader market rally this year, but a team of analysts led by UBS Global Wealth Management Chief Investment Officer Mark Haefele see stocks representing a return to normalcy on the rise. “ We think global equity gains from here may lean more heavily on ‘more […]
BlackRock said US stocks will be sensitive to the upcoming presidential election in November and as the impact of fiscal and monetary policy stimulus measures disappear. In a 2020 mid-year outlook, BlackRock said the US election will take place against the most “tumultuous domestic backdrop since 1968,” and the result […]
The S&P 500 could fall another roughly 6% to 2,600 as traders price in a potential recession amid the coronavirus outbreak, analysts at Morgan Stanley wrote in a Monday note. The firm maintained its bull, base, and bear case targets for the S&P 500 of 3,250, 3,000, and 2,750, respectively. […]
Business Insider executive editor Sara Silverstein speaks with Brian Levitt, the senior investment strategist at OppenheimerFunds, who says that he doesn’t think the stock market is particularly overvalued. He points out that US equities are still trading cheap when compared to bonds, and argues that people are still fearful of […]
Larry Fink, the chief executive at BlackRock...
Gold prices hit a 3-week low as investors...