That’s the recommendation of Fundstrat Global Advisors analyst Thomas Lee in a Monday research note, in the wake of a tumble by equity indexes across the globe partly inspired by an apparent escalation of Sino-American trade tensions.
Domestic markets also got whacked, with the Dow Jones Industrial Average DJIA, -0.78% , the S&P 500 index SPX, -0.85% and the Nasdaq Composite Index COMP, -0.99% on track for the steepest slides, at their intraday lows, since March 22, according to FactSet data.However, Lee says there is reason to be a buyer in this downbeat environment.
The Fundstrat analyst also makes the case that the trade spat might prompt the Federal Reserve to remain “market friendly” by holding off on near-term interest-rate increases.
Shake of? Does anyone proofread before hitting send?
‘off’
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:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Apple's stock is surging, but Wall Street analysts thought earnings results were just 'fine'Wall Street analysts see Apple headed in the right direction after its earnings report Tuesday, but were less optimistic than the market. It’s all a game of Smoke & Mirrors. AppleSupport Apple They've stopped caring for customers.. Many like me are facing pathetic attitude of AppleSupport towards their customers. case ID: 100800933452 & Case ID: 20000042499650 Of course, because Wall Street wants to control and manipulate all stocks.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Major Wall Street banks are telling clients to be ready for a sudden rip higher in the marketWall Street firms have a playbook for a potential rapid move higher in stock markets.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Gilead stock ticks higher as earnings beat Street, revenue doesn'tGilead Sciences Inc. shares ticked higher in the extended session Thursday after the biotech drug maker topped Wall Street estimates for earnings but not for...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »
Fed and tech stocks could crack the market rally, warns Wall Street strategistOur call of the day, from Miller Tabak Asset Management’s strategist, Matt Maley, warns that any shift in the Fed’s dovish stance this week could cause this...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »