Stocks just had their best first quarter in 5 years — here's where strategists think the market is headed

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

With stocks off to their best start in five years, many strategists on Wall Street still make a case for the S&P 500 to keep chugging higher.

). The prevailing bet is that the US economy will continue to grow as inflation falls closer to the Fed's 2% goal, a so-called soft landing scenario.

The two downside cases explore similar topics to those often referenced by the persistent bears on the Street. One is where the market's expectations forare too optimistic, and that brings down the whole market. The other is that the Federal Reserve's battle against inflation leads to a higher-for-longer interest rate strategy that eventually stunts economic growth and spawns recession.Both negative scenarios would lead to the S&P 500 hitting 4,500, per Goldman's estimates.

The Wall Street entrance to the New York Stock Exchange is seen in New York City, Nov. 15, 2022. , the firm's chief global strategist Binky Chadha has noted the equity strategy team feels more confident in its bull case for the S&P 500 this year, which sits at 5,500, about 5% upside from current levels.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market today: Stocks retreat as Wall Street weighs hot inflation's impact on FedInvestors are weighing whether two big hot inflation prints will prompt a Fed rethink on rate cuts as its March policy meeting looms.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Markets today: Stocks fall as Wall Street trims risk before FedStocks fell as traders took some chips off the table ahead of the highly anticipated U.S. Federal Reserve decision that will help shape the outlook for rate cuts this year.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »

Markets today: U.S. stocks rise on Wall Street's 'soft landing' hopesThe relentless rally in stocks powered ahead on optimism the Federal Reserve will be able to engineer a soft landing, which would bolster the outlook for corporate earnings.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »

Wall Street's most bullish strategist cites a 'big surprise' pushing stocks higher: Morning BriefAs stocks rally to record highs, Wall Street strategists continue to raise their forecasts to keep pace.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Japan's leading stocks could face near-term selling pressure, Wall Street banks sayExplore stories from Atlantic Canada.
مصدر: SaltWire Network - 🏆 45. / 63 اقرأ أكثر »