News Formal

Some Wall Street analysts are predicting a market decline. Here's when that might happen

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Despite a rally in stocks so far this year, major financial institutions are now predicting a downturn due to lagged effects of interest rate hikes.

As stocks continue their rally, several major financial institutions are now predicting a significant downturn in global markets. The S & P 500 index has risen by more than 10% since its lows in October last year. In Europe, the STOXX 600 has increased by more than 15% over the same period. But, according to some investment banks, those gains are now at risk as they fear the lagged effects of monetary tightening are likely to hit earnings and cause compression in profit margins this year. .

24 UBS: STOXX 600 down 8% to 410 by Dec. The Swiss bank also sees potential for an 8% decline to 410 due to declining earnings/margin expectations. We think the market significantly underprices downside risks. With yields and global growth risks expected to remain elevated for most of this year, we don't expect a material valuation rebound beyond what we have already seen this year. - Jan. 11 JP Morgan: STOXX 600 up 3% to 465 by Dec. The American investment bank has a more mixed outlook.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

CNBC seems to be rooting for a recession despite all evidence pointing in the other direction

Thanks I’ll sell everything first thing tomorrow morning

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Wall Street totters after mixed earnings, trade halt glitchWall Street was mixed on Tuesday as a raft of mixed earnings took some wind out of the sails of the recent rally.
Bron: Reuters - 🏆 2. / 97 Lees verder »

Explainer: Wall Street's market glitches and the repercussionsThe New York Stock Exchange (NYSE) suffered a technical problem at the opening of trading on Tuesday that caused more than 80 stocks to be halted for several minutes, creating confusion among traders about which orders were filled and where stocks were trading, and harking back to the 'flash crash' of 2010. Expecting Snow tomorrow dress warm and shovel light.
Bron: Reuters - 🏆 2. / 97 Lees verder »