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Ed Yardeni's 12 Reasons For Being Bullish On S&P 500 In Upcoming Year
Wednesday, December 27, 2023 - 11:57am | 757Read More...As 2023 nears its end, renowned economist and market expert Ed Yardeni offered a bullish perspective on the S&P 500 Index for the upcoming year. The president of Yardeni Research’s perspective comes at a pivotal moment, as the SPDR S&P 500 ETF Trust (NYSE:SPY) is currently hovering...
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Fannie Mae's 2024 Outlook: Housing Market Navigates Challenges With Emerging Resilience
Wednesday, December 27, 2023 - 9:15am | 705Read More...Federal National Mortgage Association (OTCQB:FNMA), commonly known as Fannie Mae, expects the U.S. economy to decelerate next year. They forecast GDP to decline slightly in 2024 by 0.3%, followed by 1.7% growth in 2025. In the housing sector, challenges are anticipated to maintain existing home...
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EVs Outrank AI Among Top Revenue Drivers For Semiconductor Industry In 2024: Survey
Tuesday, December 26, 2023 - 3:41pm | 503Read More...The automotive is the most important revenue driver for the semiconductor industry. That’s according to a survey conducted by KPMG LLP and the Global Semiconductor Alliance (GSA). The position is likely attributable to the continuing computerization and electrification of vehicles. EVs May...
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S&P 500 Stuck In 4,600-4,800 Limbo For 2024? Wells Fargo Pinpoints 3 'Favored Sectors' For Next Year
Tuesday, December 26, 2023 - 3:37pm | 751Read More...The Wells Fargo (NYSE:WFC) Investment Institute has released its 2024 Outlook, detailing their projections for market levels at the end of 2024 and highlighting their preferred sectors for the upcoming year. S&P 500 Index target 4,600-4,800 in 2024 Per the report, Wells Fargo expects global...
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Gene Munster, Cameron Dawson Preview 2024 In 'PreMarket Prep' Year-End Special
Tuesday, December 26, 2023 - 1:19pm | 481Read More...The "PreMarket Prep" team continued its tradition of providing insights for traders and investors navigating the complex financial landscape during the wildly dynamic year of 2023. In light of the significant strides made in artificial intelligence this year, the team at "...
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Semiconductor Stocks Soar To All-Time Highs: On Track For Strongest Year Since 2008, But Are They Too Expensive Now?
Tuesday, December 26, 2023 - 12:48pm | 1541Read More...In 2023, the semiconductor industry has emerged as the standout performer, with the PHLX Semiconductor Sector, tracked by the iShares Semiconductor ETF (NYSE:SOXX), achieving a remarkable 66% increase and reaching new all-time highs. This growth not only signifies the strongest performance among U...
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China Vs. Emerging Markets: Opportunity Or Value Trap For Investors In 2024?
Tuesday, December 26, 2023 - 10:32am | 894Read More...Are Chinese stocks and the broader emerging markets an attractive investment opportunity, or do they represent a value trap? This question becomes even more pressing given the divergent performances and economic signals emanating from China and other emerging economies. The onset of 2023 brought...
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A Gift Of Knowledge: Top 10 Economic Charts Of 2023 You'll Likely Want To Share During Your Holiday Gatherings
Saturday, December 23, 2023 - 12:10pm | 1843Read More...As you gather with your family during the holiday season, there’s a lot to discuss and share when it comes to the performance of the U.S. economy in 2023. From record-breaking employment numbers to remarkable economic growth, the expectations of many economic forecasts that had foreseen a...
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Winter Is Coming, But The Housing Market Is Thawing: 3 Indicators Suggest 2024 Momentum Is Building
Thursday, December 21, 2023 - 3:27pm | 612Read More...As the year draws to a close, the housing market is showing promising signs of thawing after a prolonged freeze in 2023. A trifecta of factors — falling mortgage rates, a surge in new listings and a notable uptick in Redfin agent consultations — points to a potential resurgence in real estate...
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Long-Duration Treasury Bonds Enter Bull Market: What Lies Ahead In 2024?
Wednesday, December 20, 2023 - 1:11pm | 673Read More...Long-duration Treasury bonds, a cornerstone of many investment portfolios, have recently recovered from a bear market that commenced in August 2020. This downturn led to a significant reduction in value, with a maximum drawdown exceeding 50% at their lowest point. The iShares 20+ Year Treasury Bond...
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Will Eye-Popping 2023 Bonuses For Wall Street Managers Alter The Santa Rally's Course?
Tuesday, December 19, 2023 - 4:53pm | 989Read More...As we bid farewell to 2023 and eagerly anticipate the holiday season, it’s an opportune moment to reflect on the remarkable turnaround in the U.S. stock market this year. At the beginning of the year, tech stocks in the Nasdaq 100 index were trading below the 11,000-point mark, battered by...
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Emerging AI Trends In 2024: BlackRock Sees Shift Beyond Semiconductors, Cloud To Model Infrastructure
Tuesday, December 19, 2023 - 9:22am | 940Read More...BlackRock‘s (NYSE:BLK) Investment Institute’s 2024 Global Outlook highlights that AI opportunities in 2024 are expected to expand beyond 2023’s leading sectors, namely semiconductors and cloud computing. The AI Technology Stack 2023 has emerged as a pivotal year for AI,...
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S&P 500 Likely To 'Test The 5,000 Level': JP Morgan On Where To Allocate In 2024
Monday, December 18, 2023 - 3:28pm | 901Read More...For the first quarter of 2024, JPMorgan Chase & Co (NYSE:JPM) is for overweight U.S. equity, Japanese equity, U.S. Treasury and high-yield corporate debt. The company said “cash returns are set to fall” and the U.S. stock market would “likely see the S&P 500 test the 5,000...
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Young Americans Embrace 'Buy Now, Pay Later' For Holiday Spending: 5 ETFs To Watch
Monday, December 18, 2023 - 1:27pm | 1040Read More...As Americans gear up for the holiday season, the latest Bank of America Winter Spending Survey has unveiled a significant shift in holiday spending trends, particularly among younger Americans. With more than 40% of respondents expressing their intention to tighten their belts this festive season...
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How High Can S&P 500 Go In 2024? Goldman Sachs Sets An Even Loftier Target
Monday, December 18, 2023 - 12:18pm | 604Read More...Goldman Sachs’ chief equity strategist, David Kostin, has revised the 2024’s year-end S&P 500 index target to 5100, marking a 7% increase from its current level, and up from the previous target of 4,700. The catalyst behind this bullish revision? A Federal Reserve that’s...















