Tag Archives: Strategists

As a synchronized rout in stocks and bonds this year sours the outlook for 60-40 portfolios, some strategists see an opportunity for a new-and-improved investing framework. MSCI, in conjunction with GIC – a sovereign wealth fund of the Government of Singapore – this week proposed an alternative to the mainstay equities and fixed income mix that has long been a favorite of long-term investors: an asset allocation that integrates macroeconomic risk considerations. With inflation running near… Source link

Investors would be wise to buckle up for more downside to an already battered stock market, veteran CFRA Chief Investment Strategist Sam Stovall warns. “I think this will be a bear market with a recession,” Stovall said on Yahoo Finance Live (video above). “Bear markets with recessions have ended up being deeper and lasting longer than those without a recession, with the average decline being 35%. So I think we will probably end up seeing this bear market bottom around 3,200.” Stovall’s… Source link

The year has been grueling to those holding almost every type of stock. The S&P 500 (^GSPC) is down 16% year-to-date. The Nasdaq (^IXIC) is down 24% during that same period. Even the energy sector (XLE) — the only one positive year-to-date — has seen some of its gains evaporate recently. In a new Yahoo Finance series, we’re looking at some of the strategies experts recommend for how to navigate a bear market. To kick things off, we asked them what they think investors should do in an… Source link

(Bloomberg) — Money is leaving every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to Bank of America Corp. strategists. Most Read from Bloomberg Equities, bonds, cash and gold all saw outflows in the week ended May 11, strategists led by Michael Hartnett wrote in a note, citing EPFR Global data. At $1.1 billion, technology stocks suffered their biggest withdrawals so far this year, second only to financials, which lost $2.6 billion. “The… Source link

The Dow Jones Industrial Average’s (^DJI) worst daily plunge of the year sparked a split among market strategists on wether Friday was a good buying opportunity.  The index closed down more than 900 points, while the broader S&P 500 (^GSPC) average declined 2.27%. Energy, financials and industrial stocks led the markets lower amid concerns of a new COVID variant first detected in southern Africa.  “To the extent this is not as big as Delta was ultimately, then I think maybe it’s a little bit… Source link

(Bloomberg) — Strategists are struggling to see a turnaround ahead for Bitcoin, at least for now, as the digital coin hovers around the $30,000 level. The near-term setup is “challenging,” a JPMorgan Chase & Co. team including Josh Younger and Veronica Mejia Bustamante wrote in a note Friday, while Fundstrat Global Advisors LLC’s David Grider recommended reducing risk or buying some protection. The JPMorgan team said blockchain data suggests recent cryptocurrency sales were made to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, June 14, 2021 This is not the 1970s. Readers already know: Inflation is running hot.  But Wall Street strategists still remain largely unbothered by the recent acceleration in prices. And financial markets — at least for the moment — agree.  As Yahoo Finance’s Brian Cheung noted last week, yields on longer-dated U.S. Treasuries fell to… Source link

The Republican Party finds itself in befuddling circumstances as former President Donald Trump prepares to hold political rallies again, beginning this weekend with an appearance in North Carolina. Trump was one of the only Republican candidates to lose a high-profile competitive race in 2020. GOP candidates won the majority of close races across the country, in the U.S. Senate, in the U.S. House and in state legislatures and gubernatorial races. Yet the party remains stuck with Trump as its… Source link

Bloomberg One of World’s Greatest Hidden Fortunes Is Wiped Out in Days (Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive… Source link

A strong case could still be made to long stocks even as rising 10-year yields continue to place pressure on certain sectors of the markets, argues Merrill Lynch strategists. “We think the three pillars of the bull market are firmly in place — massive free liquidity, an exceptionally strong EPS growth cycle and substantial market breadth,” Merrill Lynch equity strategists Ajay Singh Kapur and Ritesh Samadhiya co-wrote in a research note on Thursday. They believe a “bullish cocktail” for… Source link