Investors cautious on U.S. stocks, even though Fed hikes may soon end

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 92%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Some fear the rapid rises in rates are only starting to ripple through the U.S. economy

The end of the Federal Reserve’s bruising rate hiking cycle may be in sight, yet investors are finding plenty to worry about when it comes to the U.S. stock market.

“Macroeconomic policy and the outlook for the economy is more complicated than it was two weeks ago,” said Anthony Saglimbene, chief market strategist at Ameriprise Financial, who is holding a lighter than normal equity allocation. Adding to the market unease were comments from Treasury Secretary Janet Yellen, who told lawmakers on Wednesday that the Federal Deposit Insurance Corporation was not considering “blanket insurance” for deposits arising from recent strife in the sector.

Meanwhile, though the Fed’s latest policy statement no longer said that “ongoing increases” in rates would likely be appropriate, Powell said that inflation remained well above the Fed’s goal and that policymakers were unlikely to cut rates this year, an outlook at odds with that of many investors. Many investors’ portfolios remain light in equities, a market condition some view as a positive for stocks because of the potential for powerful buying when the market mood shifts. Deutsche Bank’s measure of aggregate equity positioning saw its biggest drop in 15 months last week, the bank’s strategists said in a March 17 note.

“I think there’s more volatility to come, without a doubt,” said Desai, who expects the benchmark U.S. 10-year yield will rebound to 4% this year from its current 3.45%.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Banking stocks steady after Credit Suisse rescue as focus turns to Fed, U.S. lendersThe question among traders and investors is whether the U.S. Federal Reserve’s relentless rate hikes might be at an end yeah!!!....im still broke
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Asian stocks rise ahead of Fed's next interest rate decisionStock markets rose in Europe and Asia on Tuesday ahead of a Federal Reserve decision on another possible interest rate hike amid worries about global banks.
Fuente: CTVNews - 🏆 1. / 99 Leer más »