Stocks could retest highs in possible last Fed rate hike: Fundstrat

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Stocks could soon retest all-time highs as markets react to possible 'thesis changing' final rate hike from the Fed, Fundstrat says

Stocks are facing a pivotal moment this week as the Fed could deliver the last rate hike of its tightening cycle – a move that could cause the S&P 500 to retest its all-time-high from early 2022, according to Fundstrat's Tom Lee.

In a note on Monday, Lee pointed to broad expectations that the Fed will deliver another 25-basis-point rate hike this week, after having raised interest rates 475 basis points in the past year to lower inflation. Markets are pricing in a 86% chance of a quarter-point increase after the next policy meeting concludes on Wednesday, and a 62% chance the Fed will begin to pause interest rates in June, per theA Fed pause could be a"make or break" moment for stocks, Lee said, as steep rate hikes weighed heavily on equities in 2022.

"This will likely be the last hike of the cycle. This is thesis changing," Lee said, forecasting the S&P 500 could notch 4,750 by the end of 2023, close to its record high of 4,796 in January of last year. That's largely because easing inflation indicators could pressure the Fed to hold back on its hawkish monetary policy, Lee said. Prices have been on the downtrend since June of last year, including key categories like

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Don't expect the Fed to rescue stocks in a recession: Macquarie economistThe US will suffer a recession – and don't expect the Fed to rescue stocks when that happens, top Macquarie economist says
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Stock Market Calm Rekindles Debate Over Fed TighteningEconomic growth has slowed, but inflation remains persistent in key areas, raising concerns that the Fed’s balance-sheet size could force the Fed to take rates even higher.
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »