News Formal

The case for a 'powerful rally' in the stock market is building, MKM Partners says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

While there is no way to precisely tell when a bottom is reached, several indicators suggest a counter-rally may be coming.

A powerful counter-trend rally could be on the horizon, but may not come immediately, according to MKM Partners. Actual or expected softness in indicators such as rent, wages and core inflation that are currently pressuring the Federal Reserve and markets, could prompt a rebound simply by making investors more bullish, MKM chief economist and market strategist Michael Darda said in a report Tuesday — days before Thursday's historic market reversal.

The five-year average for estimates – typically seen as a more common recessionary indicator – is also down to 20x from 29x a year ago. In the last century, Darda said these multiples have only dropped more in 2008, 2001 and 1930. "Unfortunately, in each of these episodes, there was still equity market weakness ahead.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

Oh my God Sell sell sell and bookmark this one

Click bait … narrative KeithMcCullough

Sucker rally?

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock Market Today: Dow Closes Up 800 Points, U.S. Stocks Rally Following Inflation DataIn a major turnaround, the Dow closed up more than 800 points after investors shook off hot inflation data Sounds healthy passed this time
ソース: WSJ - 🏆 98. / 63 続きを読む »

Bill Nygren is looking to stocks with 'unsustainably low' price-earnings ratios. Here are his picksHe's looking at stocks that will perform better as market pressures recede.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Stock market news today: Stocks surge as inflation soarsUS markets staged a dramatic turnaround on strong earnings to close sharply higher. The Dow surged 828 points, its biggest percentage gain of 2022. Beware. The higher one climbs, the further one falls. Wait! Just few minutes ago, Republicans were all mad at Biden cuz market was down.
ソース: CNN - 🏆 4. / 95 続きを読む »