What a Wall Street bear needs to see to flip bullish on stock market

"Secular inflation + end of era of QE + end of era of US buybacks + our expectation 'no landing' in H1'23 leads to 'hard landing' in H2'23... this keeps us bearish," Hartnett wrote on Friday. "Nibble at S&P 3,600, bite at 3,300, gorge at 3,000," Hartnettwhich would represent a sell-off in the S&P 500 of as much as 26% from current levels and a new cycle low in the current bear market.

The thinking goes that if wage inflation is subdued, it would give the Federal Reserve the green light to end its interest rate hikes and even consider cutting interest rates, as wage inflation is viewed as a primary drive of overall inflation. And even if a recession does arrive, Hartnett admits the bulls have something up their sleeve that the bears will never have: scared policymakers.

Another factor that could help the stock market perform better than Hartnett currently expects is the long lag between the Fed hiking interest rates and those hikes negatively impacting the economy.

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。

With record Super Bowl wagers expected, here are Wall Street's top sports-betting stocksCNBC Pro screened for the sports-betting stocks most loved by Wall Street analysts and have at least 10% upside to the average price target. You should warn us when your articles are only available to subscribers.
ソース: CNBC - 🏆 12. / 72 続きを読む »

These are the most overbought and oversold stocks on Wall Street right nowOne widely-used metric could help investors pick out which names to buy, and which stocks to avoid, in an uncertain market.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Bank of America reveals the most undervalued stocks on Wall Street, including this motorcycle giantBank of America said this week that investors should buy these extremely undervalued stocks. Lol run don’t walk from anything they tell you to buy
ソース: CNBC - 🏆 12. / 72 続きを読む »