The S&P 500 has soared 12% since October, and the rally is largely driven by expectations for a rapid rebound in earnings growth and the global economy.
The S&P 500 has soared 12% since the beginning of October. Not only does the rally defy many tried-and-true economic indicators, it also ignores the ongoing profits slump, leading many Wall Street strategists to urge caution. S&P 500 earnings are expected to drop by 0.3% in the fourth quarter of 2019, marking the first back-to-back quarterly decline since 2016, according to Refinitiv. Analysts project much higher earnings growth in 2020, a 6% increase in the first quarter.
Meanwhile, a century-old classic tool known as Dow Theory has yet to confirm the rally is for real. The
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:
Leading up to the biggest financial collapse in U.S history.
who cares? jimcramer
DNC to CNBC: Rain on this parade, damn it!
Trump 2020!
Not hardly, I watch & own hundreds of stocks and except for a handful (that make up majority of Dow s&p nasd etc) most really aren’t up this year or last, most are even down, it’s an illusion, it’s also nothing more than a computerized organized crime ring.
Think CNBC is detached from reality, you clowns you hate the country and the belief in US market and hard-working people
do yourself a favor and watch !
They have been 'detached' for several years now...
Didn't stocks plunge upon seeing President Obama in that tan suit? I cannot believe this stock market, is it possible that it is being artificially propped up?
What goes up 🤷♂️
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Andrew Yang sounds off on 'frothy' IPO market and 'overvalued' stocksIn an exclusive interview with CNBC, Democratic presidential candidate Yang discussed a range of topics, including Facebook political ads, the threat of a recession and even Baby Yoda. All time highs we in the yard Math :) Political affiliation needs to be part of the disclaimer. The Burros see a market crash as manna.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Alphabet, Boeing, Dave & Buster's, Snap & moreCheck out the companies making headlines in midday trading on Friday. Can you share more details on how your parent company Comcast Universal is planning to capture share of the soccer market? I know you (NBC) have the broadcasting rights to the Premier league in both the US and Europe. With the Sky PLC acquisition I assume you are trying to get
Source: CNBC - 🏆 12. / 72 Read more »
Dow futures rise, stocks will aim to cap a record-setting week with a flourish higherU.S. stock futures head firmly higher Friday morning, putting the three main equity gauges in position to cap a record-setting rally that has taken hold in just the third week of the new year, with the weakest annual growth in China in about three decades appearing to have little effect on the bullish mood. CRYPTOCURRENCY DIGITALASSETS rising up for safety net !!! Fyi BREAKING!!!🚀🚀🚀 bitcoin runs on Ripple $XRP Ledger for FASTER PAYMENTS SETTLEMENT THRU BLOCKCHAIN TECHNOLOGY Guess what, XRP IS THE STANDARD of INTERNET of Value !!!
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks seen higher as China's GDP grows as expectedEuropean stocks were seen cautiously higher Friday morning after China's GDP (gross domestic product) numbers grew in line with expectations, lifting global markets. Yayyyy.... again 😁
Source: CNBC - 🏆 12. / 72 Read more »
S&P 500 blasts through 3,300 as tech stocks surgeThe S&P 500 rallied through the 3,300 mark for the first time on Thursday and th... Slowly but surely, “The depression is coming next week” articles have been diminishing in frequency. Maybe soon they’ll give credit where it is due. That surge excludes all the sugar baby sites right? What would the rich sugar daddies do without all those little kids left to molest in this world? Imagine if you’ve been tracked by the FBI all this time and didn’t know it? 😱😱😱
Source: Reuters - 🏆 2. / 97 Read more »
Stocks Have Rarely Been This Quiet in the Past 50 YearsWSJWhatsNow: Stocks have rarely gone this long without posting a large swing. That has investors wondering what will happen next. AmrithRamkumar explains. AmrithRamkumar anther wall street crash like in 1929? that's a long shoot of Couse AmrithRamkumar Right before the election the stock market will correct -20%, and it will make it more difficult for Trump to win. The crash in the fall of 2008 sunk McCain’s chances. AmrithRamkumar Not gonna slow down any time soon if se keep cutting deals with China, Canada and Mexico
Source: WSJ - 🏆 98. / 63 Read more »