Will the stock market rally last? Analysts share their predictions — and strategies

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The market is doing better than it did in 2022 — so far. But is this just a bear market rally or the start of a bull market? Here's what the pros have to say.

The tide seems to have turned since 2022 — markets have been rallying since the start of the year. But investors are wondering how long that will last. Stocks rallied after U.S. Federal Reserve Chairman Jerome Powell said the disinflationary process has started . And all three major Wall Street indexes finished the day up on Tuesday despite his warning that more interest rate hikes are still likely. But is this just a bear market rally or the start of a bull market ? Analysts are divided.

" The S & P 500 could hit 4,500 by the end of the year, he added — that represents about 8% potential upside from Tuesday's close. He also highlighted the fall in energy prices, which he told CNBC earlier this week will "bleed through to core CPI and [Personal Consumption Expenditures Price Index] over the next few quarters." But markets could go through some range-bound trading before a "big rally," Hatfield told CNBC Pro.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2022 Indian EV Market Share — Start Of The S Curve Evolution2022 has been an exciting year for the Indian EV market. Hence it makes sense to take stock of things are Nice one u can have regular data from auto_punditz
Source: cleantechnica - 🏆 565. / 51 Read more »

Stock market risks repeat of 2022 chaos in a 'no landing' scenario: Torsten SlokA hot labor market could see the U.S. economy avoid a recession altogether. That isn't good news for stock-market investors, warned a top Wall Street economist.
Source: MarketWatch - 🏆 3. / 97 Read more »