Matt Kaufman, Calamos head of ETFs, joins Wealth! to offer insight into the best small-cap ETFs and why now may be a good time to start buying into them. “We’re seeing the Russell 2000, a broad measure of small-cap stocks, still about 17% off its record high from 2021. And so a lot of this […]
Tag: strategist
AI trade has plenty to grow in second half of 2024: Strategist
The AI craze has dominated conversations on Wall Street in the first half of 2024, with chip-making giant Nvidia (NVDA) making significant gains. Envestnet co-chief investment officer Dana D’Auria joins Wealth! to give insight into which sectors investors should consider as markets head into the year’s second half. D’Auria argues that the broadening out in […]
Stocks will fall 30% as the U.S. economy heads for a painful recession, strategist says
Wall Street has a new most apocalyptic forecast for stocks. – MarketWatch photo illustration/iStockphoto Move over, J.P. Morgan — we have a new contender for most apocalyptic stock-market forecast. It comes courtesy of Peter Berezin, chief global strategist at BCA Research, who said in a report shared with MarketWatch on Thursday that he has revised […]
Stocks are set for a 10% correction amid stagflation and no rate cuts in the 2nd half of 2024, Stifel strategist says
The S&P 500 could see a 10% drop in the second half, according to Stifel’s chief stock strategist.MicroStockHub/Getty Images The S&P 500 could see a 10% pullback, Stifel’s Barry Bannister said. That’s because the benchmark index looks overvalued, according to several metrics. The economic outlook also looks precarious, given stubborn inflation and slowing growth. The […]
The S&P 500 could crater 48% when the stock-market bubble pops and recession finally hits, elite strategist says
Stocks could crash nearly 50% and a recession might hit this year, B. Riley’s Paul Dietrich said.Yuichiro Chino/Getty Images The S&P 500 could crash 48% when the bubble in stocks pops and a recession hits, Paul Dietrich said. The elite strategist pointed to a massively overvalued market and cracks in the economy. Dietrich predicted inflation […]
The Wall Street strategist who nailed 2023’s stock rally sees the S&P 500 soaring more than 170% to 15,000 by end of this decade
Fundstrat Global Advisors cofounder Tom Lee was among the few voices on Wall Street last year who predicted a stock market surge while most of his peers saw a slump amid widespread expectations for a recession. But he—and the U.S. economy—proved the doomsayers wrong. In fact, among the forecasters surveyed by Bloomberg, Lee’s call in […]
Markets have ‘lost the plot’ on interest rates: Strategist
June’s Purchasing Managers Index (PMI) data release shows signs of economic acceleration, with a reading of 54.6 surpassing economist expectations of 53.5. JPMorgan Asset Management Global Market Strategist Jack Manley joins Catalysts to discuss his market (^DJI, ^IXIC, ^GSPC) outlook in light of this data. Manley expresses frustration with the prevailing market theme of “good […]
Investors should shift into ‘undervalued’ sectors: Strategist
As markets (^DJI, ^IXIC, ^GSPC) face pressure following semiconductor giant Nvidia’s (NVDA) reversal of rally gains, Wells Fargo Investment Institute senior global market strategist Scott Wren joins Morning Brief to offer his insights. Wren observes that the computer services and technology sectors are currently “very highly valued, very momentum driven.” He advises investors to consider […]
Oil prices could be in the $60s next year: Strategist
Oil (BZ=F, CL=F) prices are in the spotlight as they continue to rise, despite growing demand uncertainty. Citi’s Global Energy Strategist Eric Lee joins Catalysts to provide his perspicacious outlook. As the latter half of the year approaches, Lee foresees “markets getting a lot weightier” due to the intricate supply and demand dynamics. However, he […]
A stock market correction is coming as rates, inflation, and valuations darken the outlook for investors, strategist says
Yichiro Chino/Getty Images The S&P 500 is in for a 5% drop, according to CFRA’s Sam Stovall. The veteran strategist warned of a veteran backdrop for stocks. The market could see its first “crack on the ice” in the tech sector, he warned. The stock market is in for a correction, as a trio of unfavorable […]
Trump’s former top strategist pushes the 2024 election as a ‘victory or death!’ war
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Steve Bannon, Donald Trump’s former chief strategist in the White House, used the language of war to fire up a conservative gathering over the weekend, promising to remake the US government and completely […]
Brace for a stock-market pullback after an epic start to the year, strategist warns
ekapol/Getty Images The S&P 500 is likely to fall at least 5% in the coming months, one strategist predicted. CFRA’s Sam Stovall said a pullback tends to follow a great first quarter for the benchmark index. On the bright side, Stovall said the S&P’s full-year gain is usually over 20% after a stellar start. Brace […]