Citi Boosts S&P 500 Target, Says Federal Reserve Will Do ‘Whatever It Takes’ To Prevent Another Market Crash

  • 📰 Forbes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Citigroup has raised its year-end price target for the S&P 500, says the Federal Reserve will do 'whatever it takes' to prevent another market crash by skleb1234

Citi analysts, led by chief U.S. equity strategist Tobias Levkovich, on Tuesday raised their price target for the S&P 500 index to 3,300 from 2,900, their second upgrade in as many months.

“Unbridled Fed easing, negative real [interest] rates and technical indicators show resistance breakouts” in the market, the analysts said in a note, adding that investors firmly believe that Fed Chairman Jerome Powell “has their back.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

skleb1234 Now what criminal activity took place during these bank errors and who was behind it the people deserve to know what is going on... its obvious someone did something and it wasnt a clerical error the question is did they get away with it. Not a coincidence at all .....

skleb1234 😂😂😂😂✊🏿✊🏿✊🏿✊🏽👇🙏🙏🙏 WALKAWAY FROM DEMOCRATS !!! 👉 BLM and ANTIFA are EVIL!!! Radical left funded by George Soros and the democrats!!! Stand up!!! FREESPEECH 🖕 🖕 🖕 BLM CNN MSM

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trading the election and how both candidates hold risks for the stock market, according to CitiNew for subscribers: Trading the election and how both candidates hold risks for the stock market, according to Citi Check out CNBCPro today. Pro Pro CNBC is apparently over their embarrassment of 2016 when they widely promoted the idea that Donald Trump would be bad for the market. Another flight into the face of reality.
Source: CNBC - 🏆 12. / 72 Read more »

Tesla's eligibility to be included in the S&P 500 puts the index committee in a 'real bind' as its market value soars past Walmart, Datatrek says (TSLA) | Markets InsiderTesla's eligibility to be included in the S&P 500 puts the index committee in a 'real bind' as its market value soars past Walmart, Datatrek says Do You Want To Make 3d Animated Logo Intro Video In $5 ? Contact Me : Logo Animation 3D Logo Animation Top Logo Animation Best Logo Animation tslaqtwin Not really. They can simply say 'No', for many reasons- most glaring is that Tesla fails to measure up to GAAP earnings. Merely qualifying doesn't guarantee inclusion- everyone knows these shares are wildly inflated, it would be stupid to add them now.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks finish higher; S&P 500, Nasdaq sweep to new recordsU.S. stocks closed mostly higher Tuesday, pushing the S&P 500 and Nasdaq indexes to another round of record highs, as investors took some comfort from... Hi there, are you looking for awesome professional looking Flyer & Rack Card to increase your business growth? Then I got you covered. My work will help you to increase your business growth For more info Click Here:
Source: MarketWatch - 🏆 3. / 97 Read more »