Wall Street is torn over the future of stocks, so we pitted the market's biggest champion against its most outspoken bear. This is where they differed on 4 main themes.

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United States News News

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

We exclusively interviewed Binky Chadha of Deutsche Bank and Peter Cecchini of Cantor Fitzgerald to see why their stock market views are so polarized.

, saying a divided Congress is unlikely to be able to do anything to help the economy. Meanwhile corporate earnings forecasts are weakening, and he says they'll keep going down because the rest of the world economy is also weakening.Around the end of the year he thinks

. In his view, that would help European car companies and also encourage more economic growth in the EU.Cecchini says optimism around the potential trade deal was a big contributor to the rally in January and February. But he thinks it's now priced in, and that leaves investors with little to get excited about.

 

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

 /  🏆 729. in US

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.

Macy's shares rise after earnings and sales beat expectationsIt’s the ap!
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall Street thinks the $1 billion market CBD could explode to $16 billion by 2025In a new report, analysts at the investment bank Cowen highlight a marijuana and hemp compound called CBD as a massive opportunity for growth. I hope so since I invested ! SamirMustafic20
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street Is Gushing Over Palo Alto Stock After Earnings Crushed EstimatesThe cybersecurity company crushed Wall Street profit expectations and reported fiscal second-quarter adjusted earnings per share of $1.51 versus the $1.22 consensus. It also gave sales guidance for its fiscal-third-quarter above the average analyst projection.
Source: MarketWatch - 🏆 3. / 97 Read more »