" Ma said. "While there has been additional strength in areas of the market such as artificial intelligence and semiconductors, an even broader rally across additional sectors would be welcome."
According to Hatzius, real output is, at most, growing only modestly given that certain GDP alternatives—such as gross domestic income and Goldman's current activity indicator that measures key economic activity—are increasing at a more muted pace compared to GDP. January's payroll gain was als...
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Over on the Nasdaq Stock Market, 70% of all issues are lower and 75% of the day's volume is to the downside. Decliners are beating advancers on Nasdaq by just 3.6 to 1. New highs versus new lows is also the tell of a resilient market. On the New York Stock Exchange, new 52-week...
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“Big picture, at the overall market level, we believe Q1 will mark the high point for the index levels this year, as the fundamental uplift does not come in Q2/Q3, post the relief in activity that is seen in Q1,” he wrote in a Monday note to clients. Along with this outlook, Ma...
In a note to clients on Tuesday, the bank’s analysts said the virus’ “main impact is a sharp weakening of leisure and retail activity with a small hit to labor supply.” The analysts said they are concerned about “the slow public health response” in a number of countries and they...
In a note to clients on Tuesday, the bank’s analysts said the virus’ “main impact is a sharp weakening of leisure and retail activity with a small hit to labor supply.” The analysts said they are concerned about “the slow public health response” in a number of countries and they...
How long will this bear market last? From CNN Business' Tal Yellin It’s hard to know exactly how long the new bear market will last. The average bear market has lasted 21 months, with the shortest in 1990 and the longest beginning in 1937. Here’s how long previous bear markets ha...