Stock market outlook: First week of gains suggest more than 20% upside

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

대한민국 뉴스 뉴스

Gains in the first week of 2023 suggest stocks could see at least 20% upside through this year, Fundstrat says

The stock market is poised for big gains in 2023 after the first four days of the year saw a gain of 1.4%, according to a Monday note fromA historical analysis from Fundstrat found that so goes the first week of the year, so goes the rest of the year for the stock market, on average."Our work suggests odds increasing [that] equities will produce more than 20% gains in 2023," Lee said. has seen gains of 1.

"This is another set of analytics supporting equities could rise 20% in 2023," Lee said. A gain of 23% this year would send the S&P 500 to Lee's year-end price target of 4,750. "This is so counter to consensus, which is looking for 'flat markets' marked by a steep decline in the first half of 2023, followed by a rally only in the second half of the year," Lee said.the Federal Reserve would have good reason to end its interest rate hikes, which could be supportive of stock prices.

and that means market consensus could be way off with its 2023 expectations for what the Fed is going to do. "We think this points to a Fed that will be more 'dovish' versus consensus in [the] coming months. And in turn, lowers equity and bond volatility. This then means equities can gain more than 20% in 2023," Lee said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Nancy Pelosi's portfolio plunged 20% in 2022 stock market crash'Queen of Stonks' Nancy Pelosi's portfolio of stocks plunged 20% last year – meaning she even underperformed funds that track the struggling S&P 500 Is this true unusual_whales Ugly a f HouseOfCards
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »