Why This Market Strategist Sees 23% Gain For S&P 500 Index This Year: ‘Volatility To Sink Sharply’
Fundstrat’s Head of Research Tom Lee, who has the most optimistic end-of-year S&P 500 forecast once again raised the specter of a strong year for the market.
US Stocks Look Set To Carry Last Week’s Momentum Forward On Monday — Focus Now On Inflation Data, Q4 Reporting Season
Trading in the U.S. index futures points to a positive start by Wall Street stocks on Monday. With not much going around, traders may turn to a Fed speech, any potential preannouncements and energy prices for trading cues.
Rob Reich Says Fighting Inflation By Putting People Out Of Work Is Cruel: ‘Especially When America’s Safety Nets… Are In Tatters’
Former Secretary of Labor Robert Reich has expressed his concerns about the Federal Reserve’s fight against inflation in the context of employment.&
Obama-Era Economic Adviser Christina Romer Thinks Policymakers Will Face Difficult Decision Over Rate Path: ‘Going To Need To Dial Back Before…’
Christina Romer, an economics professor at the University of California, Berkeley, and chair of the White House's Council of Economic Advisers (CEA) from 2009 to 2010, reportedly said
Is Inflation Tamed? S&P 500 Kicks Off Year Optimistically, But Still Bumps In The Road For Tesla
The S&P 500 traded higher in the opening week of 2023 on optimism the Federal Reserve is making progress on taming inflation.
Stock Market Pops After Latest Jobs Report, But New Data Shows Key Sectors Contracting
On Friday morning, the U.S. Labor Department released the latest jobs report for the month of December, and the stock market took the news positively.