The Federal Reserve cut its benchmark interest rate to between 4.25% and 4.5% on Wednesday. The central bank also projected two cuts next year instead of four, sending stocks tumbling. Here’s how analysts, economists, and other experts reacted to the Fed decision and market reaction. The Federal Reserve cut its benchmark interest rate on Wednesday…
Fundstrat predicts another year of gains in 2025, but they won’t come in a straight line. Bullish factors include support from a dovish Fed and business-friendly policies under Trump. Yet, potential GDP impacts from tariffs and DOGE-related spending cuts are risks, the firm said. Fundstrat is out with its 2025 stock market outlook, and its…
Some Wall Street forecasters see the latest rally hitting a wall next year. An uncertain economic outlook and historically high stock prices are cause for concern, analysts say. December could be a good time for investors to dial back risk, a Morgan Stanley portfolio manager said. The postelection rally in the stock market is running…
Bank of America downgraded AMD on Monday, citing higher competitive risk in the AI market. AWS customers’ low demand for AMD AI chips and Nvidia dominance impact AMD’s growth potential. AMD could still succeed due to Nvidia supply issues and its server chip market position. Bank of America downgraded AMD after a Business Insider report…
Starlink is booming and probably coming to a plane, cruise ship, or RV near you. Internet traffic from Elon Musk’s satellite web service more than tripled in 2024, per Cloudflare data. Starlink has expanded to a host of new countries and struck deals with airlines and cruise providers. Elon Musk’s Starlink is taking over planes…
Hennessy Funds uses a four-step process for fundamental quantitative investing. The strategy focuses on mid-cap stocks with specific financial metrics and momentum. The fund outperforms benchmarks with a 12.39% annualized return over 21 years. It’s a hard-knock life trying to chase the stock market while balancing the business cycle, inflation, interest rate cuts, and a…
Stocks will continue to rally next year amid a resilient economy and strong earnings, Barclays says. The bank forecast the S&P 500 to rise 10% to 6,600, adding to th chorus of bullish forecasts from top analysts. Their outlook marks a slight slowdown from the index’s 26% gain this year. The S&P 500 is primed…
Stocks are bound for another strong year, but not every sector is poised to gain, Wells Fargo said. Scott Wren, the bank’s senior global market strategist, sees muted returns ahead for defensive shares. The bank’s strategists are more bullish on cyclical, interest rate-sensitive stocks, he added. The stock market is on track for strong gains…
The stock market has surged since October 2022, with major indexes posting strong gains. With the bull market in stocks now two years old, investors are wondering how long the rally can last. According to stock market experts, the answer is: a lot longer. Thanks for signing up! Access your favorite topics in a personalized…
Chinese stocks are poised for a huge run-up in the next year, according to Renaissance Macro’s Jeff deGraaf. The research firm CEO said perfect conditions are aligning for additional gains exceeding 50%. Other notable investors have been looking to buy the dip in Chinese stocks amid continued stimulus efforts. Thanks for signing up! Access your…