Defying gravity? What could bring US stocks down to earth

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 78 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 66%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The U.S. stock market's relentless drive higher has caused some nail-biting on Wall Street that the rally is about to end. Geopolitical risks – ...

NEW YORK: The U.S. stock market's relentless drive higher has caused some nail-biting on Wall Street that the rally is about to end. Geopolitical risks – such as the latest escalation of U.S. tensions with Iran: are just one on a list of worries for 2020.

But analysts expect S&P 500 earnings to rise 9.7per cent in 2020. There are some skeptics, notes Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana, who said bears are"still having some negative thinking that corporate profits aren’t going to be all that great because the economy is probably going to be a little softer.”

"Investors will be alert for any sign that tensions are re-emerging, or either side is dissatisfied with the implementation of the Phase 1 agreement," Haefele said."When the Fed injects money, funds generally flow to the best-returning market," said analysts at Bianco Research in a recent note."The big question is, what happens when the Fed ends T-bill purchases and repo support," said Bianco.

Several prominent investors have warned of steep stock declines should a progressive candidate secure the Democratic nomination and defeat President Donald Trump. Of particular concern is if Democrats sweep the presidency and both houses of Congress, paving the way for major policy overhauls. “Some of the sentiment readings have turned pretty aggressively," said Horizon's Carlson."While we may not be there yet, that would be something to watch as we go into the early part of 2020, is 'are we getting a little too excited or too ebullient on this market.'”Stocks were hit on Friday and investors moved into safe-haven assets after a U.S. air strike in Baghdad killed Iran's most prominent military commander.

 

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

 /  🏆 6. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

Singapore stocks: STI resumes Monday afternoon down 0.47% on dayRead more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »