MiB: Ashish Shah, CIO, Public Investing, Goldman Sachs Asset Management

ritholtz.com This week, we speak with Ashish Shah, Chief Investment Officer, Public Investing, Goldman Sachs Asset Management. Previously, he was co-head of Goldman Sachs Asset…

Most S&P 500 Stocks No Longer Trade Above 50-Day Average: Healthy Pullback Or Is The Bull Market Over?

finance.yahoo.com For the first time since early November 2023, less than 30% of S&P 500 stocks are trading above their 50-day moving average — a clear indicator of the current poor market’s…

Fed Chair Jerome Powell has an ‘unfriendly’ message for markets: You might not be getting any rate cuts this year

finance.yahoo.com Investors anticipating market-juicing interest rate cuts from the Federal Reserve have started off 2024 with one piece of bad news after another. Three hot inflation…

The stock market could still face a 10% correction even as the Fed nails a perfect 'no landing' economic recovery, market vet says

finance.yahoo.com None The stock market could face a 10% correction even as economic strength supports a "no landing" scenario, according to Ed Yardeni. • None Yardeni observed strong retail…

Stock market today: US indexes mixed amid hawkish Fedspeak and spiking bond yields

aol.com None Stocks inched higher on Tuesday, despite hawkish comments from Fed Chairman Jerome Powell. US stocks were mixed on Tuesday, with equities wavering after the latest…

Fed Chair Jerome Powell's 'unfriendly' message for markets: You might not be getting any rate cuts this year

fortune.com Investors anticipating market-juicing interest rate cuts from the Federal Reserve have started off 2024 with one piece of bad news after another. Three hot inflation…

Dow Opens Higher Ahead of Remarks From Powell

barrons.com The stock market was attempting to bounce back on Tuesday despite rising bond yields, but an appearance by Federal Reserve Chair Jerome Powell looms this afternoon. The Dow…

IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption

aol.com None The IEA downgraded its global oil-demand forecast to 1.2 million barrels a day through the rest of the year. • None The group cited weak OECD deliveries, the end of the…

Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says

aol.com None Iran's weekend bombardment of Israel could push Brent crude to $100 a barrel, Ed Yardeni wrote in a note. • None It's reminiscent of the 1970s energy crises that…

Q1 S&P 500 Earnings: Another Normal Earnings Season in the Offing?

investing.com Per LSEG, only 29 companies have reported their Q1 ’24 earnings so far, and the big banks that reported on Friday morning April 12th, won’t be in the numbers so to speak…

It's not just gold. Commodities from copper to cocoa are seeing huge gains in 2024

aol.com None Gold, copper, oil, and cocoa are up big as a broad takes hold in the commodities sector. • None The rally is driving historic profits for the commodities trading…

Risk-Addicted Wall Street Funds Are Shaken as Bad News Piles Up

finance.yahoo.com Just weeks ago, it all felt so easy. Jerome Powell was poised to kick off the great monetary pivot in earnest thanks to the steady demise of inflation, while Corporate…

Dow Slides as Banks Kick Off Earnings Season

barrons.com The Dow Jones Industrial Average sank on Friday, as banks kicked off earnings season against a backdrop of market worries about growing conflict in the Middle East. The Dow…

Dow Falls 500 Points on Middle East Worries

barrons.com The Dow Jones Industrial Average was falling further in afternoon trading on Friday amid worries about escalating conflict in the Middle East. The Dow was down 510 points,…

Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran

aol.com None Oil prices soared on Friday amid reports of Israel readying for an attack by Iran as soon as this weekend. • None An attack would mark an extreme escalation of conflict…

Small-business optimism just hit an 11-year low. ‘Will depressed small business owners depress the economy?’

aol.com After years of struggling through COVID-related supply disruptions, inflation, hiring difficulties, rising borrowing costs, and even a surge in retail theft, new data…

Small business optimism just hit an 11-year low. 'Will depressed small business owners depress the economy?'

fortune.com After years of struggling through COVID-related supply disruptions, inflation, hiring difficulties, rising borrowing costs, and even a surge in retail theft, new data…

How a 'Year of Global Rate Cuts' could push the S&P 500 to 5,750: Morning Brief

aol.com This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: • None The chart of the day The US economy is so…

Stock market today: US stocks slip as investors brace for big March inflation report

aol.com None US stocks sold off on Tuesday as investors brace for the March CPI inflation report. • None The inflation report will help set the narrative about future interest rate…

You can thank the baby boomers for the stunning strength of the US economy

aol.com None You can thank baby boomers for the strong US economy, according to market veteran Ed Yardeni. • None Boomers are by far the richest generation, and they're spending…

Stock market today: US stocks edge higher ahead of key inflation data that will help determine Fed rate plans

aol.com None US stocks rose on Tuesday as investors await a key inflation report for March. • None The CPI report is set to be released Wednesday, and investors are expecting a…

Gold prices have another 50% upside through 2025 if inflation jumps again, market vet says

finance.yahoo.com None Gold could soar as high as $3,500 an ounce by the end of next year, market vet Ed Yardeni predicted. • None That implies a nearly 50% upside for gold, if inflation…

Stock market today: US stocks end mixed as bond yields climb ahead of latest inflation data

finance.yahoo.com None US stocks traded mixed Monday while the 10-year Treasury bond yield reached a new 2024 high. • None Markets think the odds of a June rate cut have declined to about…

These 5 misconceptions about China’s slowing economy could lead to complacency in the U.S., expert warns

aol.com U.S.-China economic relations are in focus as Treasury Secretary Janet Yellen visited Beijing on Sunday, seeking to ease tensions amid mounting disagreements. The push to…

These 5 misconceptions about China's slowing economy could lead to U.S. complacency, expert warns

fortune.com U.S.-China economic relations are in focus as Treasury Secretary Janet Yellen visited Beijing on Sunday, seeking to ease tensions amid mounting disagreements. The push to…

A growing chorus of experts don't think a rate cut is coming in 2024

aol.com None Investors are starting to take seriously the idea that the Fed might not cut interest rates in 2024. • None Strong job gains and elevated inflation reports could put…