Forget The Fed: Stocks Will Slump Even If Jerome Powell Slays Inflation Beast
With Wall Street talking about a 6% Fed Funds rate, stocks are facing renewed Fed pressures. But a hawkish Powell isn't the market's only concern.
With Wall Street talking about a 6% Fed Funds rate, stocks are facing renewed Fed pressures. But a hawkish Powell isn't the market's only concern.
And it seems investors continue to underestimate the impact of the Fed's hawkish policy shift on equities and the economy.
The Treasury market is sending its sharpest warning about recession risks since 1981.
Morgan Stanley’s Michael Wilson says he still sees some 20% downside on some of the big technology and meme stocks, without specifying which ones.
Paul Tudor Jones-backed hedge fund that harnesses stock-picking skills of non-finance quants has nabbed another $100M of inflows after soaring 20%.
The delayed arrival of a US recession will weigh on stocks in the second half of the year, according to Bank of America Corp. strategists.
While equity markets are on relentless march higher amid optimism around stronger economic growth, cooling inflation, most investors aren’t convinced.