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Economists' Bullish View At Odds With Yield Curve
Is the U.S. economy heading for a hard or a soft landing?
The Trader: The Stock Market Doesn't Need Your Rate Cuts
The Federal Reserve refuses to concede victory in its battle against inflation -- but the stock market has other reasons to feel good about the future.
Don't Bet on Fed Rate Cuts. Do This Instead
Small-capitalization stocks are more sensitive to interest rates than their large-cap peers. When the Federal Reserve lowers rates, or even hints at it, lackluster small-cap names should surge, as lower interest expenses tend to goose their profits more than other stocks.
Goldman Sachs raises its target price for US stocks again, with the S&P 500 index up 7.7%.
Goldman Sachs strategist David Kostin's team has raised their year-end S&P 500 index forecast from the previously 5,200 points to 5,600 points, an increase of 7.7% in target price. The reason is that earnings down revisions are below average levels and they now see higher price-earnings multiples as reasonable. In a report to clients on Friday, Kostin and others said: Our 2024 and 2025 earnings estimates remain unchanged, but the excellent profit growth of the five large technology companies offset the typical pattern of negative EPS revisions. Goldman Sachs strategists are putting the S&P
Fifth Times a Charm, But Just for the Nasdaq | Wall Street Today
Major stock indexes pulled back Friday, but the Nasdaq still climbed to a Fifth closing high.
S&P 500 Finally Pulls Back, Nasdaq Hits Fifth Closing High | Market Story
The S&P 500 and Nasdaq hit all-time closing highs in the past four sessions, but today the market was overall lower.