Market on Brink of Steep Correction, Hussman Warns of 1929-style Valuation Extremes
Investor John Hussman has issued a stark warning about the current state of the stock market, comparing it to historic bubbles such as those preceding the 1929 crash and the market peak in 2021. According to Hussman, stock valuations are as extreme as they were before previous market downturns, signaling the potential for a significant […]
S&P 500 Investors Rejoice: Wall Street’s Top Bullish Bank Sets Target at 5,500
Societe Generale asserts that the trajectory of the S&P 500 will be steered by ‘U.S. exceptionalism,‘ according to reports. This sentiment underlies their bullish outlook, with a year-end target of 5,500, reflecting a modest increase of just over 5% from current levels. Among major financial institutions tracked by MarketWatch, Societe Generale’s projection appears to be […]
Fed’s Interest-Rate Rumble: Stock Market on Alert for Reality Check
This week, U.S. investors are gearing up for a significant moment as the Federal Reserve unveils its updated projections for interest rates. The burning questions on everyone’s mind revolve around the shifts in the ‘dot plot’ and how Fed Chair Jerome Powell will address these changes. With inflation persistently above the 2% target, investors are […]
Inflation’s Grip: U.S. Economy Enters Stagflation Territory
A top strategist at Bank of America is cautioning that the U.S. economy is shifting from a ‘Goldilocks’ scenario to one resembling the stagflation of the 1970s, where inflation persists amid slowing economic growth. Michael Hartnett emphasizes that investors should take this transition seriously to avoid potential pitfalls. Stagflation, characterized by high inflation coupled with […]
Dow Futures Inch Higher Despite Inflation Jitters
Stock futures in the United States were indicating a stable beginning on Friday, with concerns about prolonged inflation dampening the momentum following a strong start to the year. What’s happening The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced declines on Thursday. The DJIA dropped by 138 points to 38,906, the SPX […]
Robinhood’s Stock Surges Amid Retail Trading Renaissance
Robinhood Markets Inc. experienced a significant surge in equity trading volumes during February, with a remarkable 36% increase compared to the previous month. This surge propelled the company’s stock to soar during Wednesday’s after-hours trading session. In February, the online-trading platform witnessed a staggering $80.9 billion in trading volumes, marking a substantial uptick from January’s […]
