Tuesday, December 7, 2021
Home > Interest Rates

‘Way overdue for a correction’: Long-time bull Jim Paulsen delivers a 10% to 15% pullback forecast

The latest market setback may be a foreshock to a more serious downturn.The Leuthold Group's Jim Paulsen predicts a 10% to 15% pullback will rattle investors next year due to high valuations and less accommodative Federal Reserve policies."We are way overdue for a correction, and we're going to get

Read More

Massive inflation will likely push Fed to hike rates six times before 2024, Federated’s Phil Orlando predicts

A long-time market bull is tempering his outlook due to inflation.Federated Hermes' Phil Orlando expects the Federal Reserve will lift interest rates six times over the next two years to tame massive price increases from vehicles to shelter to food."Our best guess is that we will see two quarter

Read More

Fed members ready to raise interest rates if inflation continues to run high, meeting minutes show

Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising.The committee that sets interest rates for the Fed on Wednesday released the minutes from the November session where it first signaled that

Read More

Market is ‘one more bad inflation report’ away from a correction, Wharton’s Jeremy Siegel warns

Long-term market bull Jeremy Siegel expects a serious pullback that it isn't tied to the Covid-19 surge risks.His tipping point: a drastic change in Federal Reserve policy in order to deal with hot inflation."If the Fed suddenly gets tougher, I'm not sure that the market is going to be

Read More

Fed should hike interest rates immediately to cut stagflation risks, economist Stephen Roach suggests

Former Federal Reserve economist Stephen Roach sees only one way to contain inflation: immediate rate hikes.If the Fed doesn't act, he warns rising prices could send shockwaves through the economy."They're in denial. They continue to harbor the view that these are transitory Covid-related rebound effects," the Yale University senior

Read More

Top tech investor Paul Meeks won’t put new money to work in Apple and other FAANG names, blames chip shortage that could extend through 2023

The hunt for a new phone or car may get more stressful.Investor Paul Meeks warns Wall Street is underestimating the semiconductor shortage. He believes it'll take years instead of months to get resolved."This might be a problem that persists deep into 2023," the Independent Solutions Wealth Management portfolio manager

Read More

Major Wall Street firm has one of its largest equity overweights ever – and is looking to buy even more stocks

A major Wall Street firm is piling into stocks near record highs.Wilmington Trust's Meghan Shue reveals her firm has one of its largest stock market overweights ever.Shue, who oversees $152 billion in assets, attributes a strong economic backdrop and seasonal tailwinds for the bullish move."The near-term disruptions and the

Read More

Market bull Tony Dwyer sees the record breakout running through year end

Investors may see a satisfying ending to 2021.According to Canaccord Genuity's Tony Dwyer, extreme optimism and strong historical trends should offset overbought conditions in the market.The result: A record finish."The internals of the market are still pretty sound," the firm's chief market strategist told CNBC's "Trading Nation" on Monday.The

Read More

Fed Vice Chair Clarida says another year of inflation like this one would not be ‘a policy success’

Richard Clarida, vice chairman of the U.S. Federal Reserve nominee for U.S. President Donald Trump, speaks during a Senate Banking Committee confirmation hearing in 2018. Bloomberg | Bloomberg | Getty ImagesFederal Reserve Vice Chairman Richard Clarida conceded Monday that inflation is running well above a level that the central bank

Read More