Morgan Stanley’s Mike Wilson issues correction warning
[ad_1] Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even…
BofA’s Rick Sherlund predicts software comeback
[ad_1] Bank of America top banker Rick Sherlund sees a major market shift ahead. According to Sherlund, optimism surrounding technology stocks will make a comeback this year — but the…
Inflation backdrop may increase appetite for this roughed-up bond play
[ad_1] The appetite for Treasury inflation-protected securities ETFs, otherwise known as TIPS, may soon increase. According to Charles Schwab’s D.J. Tierney, these investments are becoming more appealing as the economy…
Tax strategy that may offset losses – but investors need to act now
[ad_1] Investors may get a wake-up call this winter when it comes to taxes, but it doesn’t have to be that way. According to BNY Mellon’s Ben Slavin, it’s a…
Double-digit percentage drop will hit stocks in 2023: Morgan Stanley
[ad_1] Investors may be on the doorstep of a deep pullback. Morgan Stanley’s Mike Wilson, who has an S&P 500 year-end target of 3,900 for next year, warns corporate America…
Why investors may want to add retail ETFs to their cart
[ad_1] ‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “We…
Under-the-radar trend shows tech investors loyal despite major losses
[ad_1] It appears most ETF investors aren’t cashing out of technology despite this year’s painful losses. The widely-held ARK Innovation ETF and the Technology Select Sector SPDR Fund, down 59% and…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
Fed should hike interest rate rates 150 basis points: Wells Fargo
[ad_1] It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s “Fast…
Next Fed rate hike to spark dangerous game in economy: Peter Boockvar
[ad_1] The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn’t moderating,…
Inflation ‘collapse’ will spark big stock market gains: Credit Suisse
[ad_1] Credit Suisse expects the Federal Reserve to pause interest rate hikes sooner than widely expected due to tumbling inflation. According to the firm’s chief U.S. equity strategist, it will…
U.S. needs miracle to avoid recession, economist Stephen Roach warns
[ad_1] Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chair of…