Market needs reassurance to go higher: BlackRock strategist

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 78 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 63%

Kate Moore Nachrichten

Labor Market,Equity Market,Earnings Growth

After the Federal Reserve kicked off its rate-cutting-cycle sending the market (^DJI,^GSPC, ^IXIC) higher, Kate Moore, BlackRock’s global allocation fund...

Moore tells Yahoo Finance that there are three things that the equity market is looking for to catalyze new growth: earnings, payrolls, and macro policy. “This is a really important story in the third quarter. Not because the actual earnings growth is going to move the market, but because there was a big disconnect in the second quarter between revenue growth and the bottom line, companies were having to pull a lot of levers and do a lot of things to deliver on the bottom line.

She says while major indexes have climbed to fresh record highs after the rate cuts, it doesn’t feel “super inspired. It's on not particularly high volumes.” But the determination about where we go from a policy perspective, um will really come from, you know, whether or not there's a deterioration in the labor market.And then third of course, is this kind of back and forth on policy, what I'm calling like macro political.Yeah, there was just a, a CFO survey that the Fed put out today, um where they said something like 30% of companies are waiting to spend until after the election.

I tell you the one thing that I was laughing a lot about last week is many times we dismiss or discount the dots like, oh, these get changed all the time forecasts are moving target.Why Is Pesto the Baby Penguin So Big? The Viral Bird's Aquarium Shares the AnswerWe recently published a list of 10 Best Hotel Stocks To Buy Now. In this article, we are going to take a look at where MGM Resorts International stands against other best hotel stocks.

Vincent Goodwill is joined by Yahoo Sports fantasy basketball expert Dan Titus to preview the 2024-25 NBA season, including making some conference finals predictions.The House voted Wednesday to pass a bill that funds the federal government until Dec. 20 and averts a government shutdown at the end of the month. Once again, Democrats helped Republicans get the bill over the finish line, with all Democrats voting for the bill and 82 Republicans voting against it.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

BlackRock ETFs to maneuver market volatility ahead of electionThe 2024 US presidential election is less than two months away and Wall Street is only expecting markets (^DJI, ^IXIC, ^GSPC) to be wrought with more market ...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meetingTOKYO (AP) — Asian shares were trading mixed Wednesday as markets focused on prospects for the U.S. Federal Reserve’s first cut to interest rates in more...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Federal Reserve cuts interest rates by half a percentage point, stocks riseInvestors digested the Fed's first interest rate cut since 2020.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Dow, Nasdaq seesaw amid more soft jobs market dataLabor data is in focus as the prospect of rate cuts fails to offset growing doubts about the health of the economy.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »