JPM Sees A Cash Flood Driving Stocks To Records
Strategists at JPMorgan believe global debt to add a staggering $16 trillion this year. Rising debt might trigger an extended market rally.
Strategists at JPMorgan believe global debt to add a staggering $16 trillion this year. Rising debt might trigger an extended market rally.
The market is looking to brighter days ahead. And to those like Ryan Detrick, senior market strategist for LPL Financial, the reasoning is complex.
Big health insurers and biotechs are at the top the list of stocks analysts led by Vishal Vivek see as swinging the most wildly ahead of November.
Tech stocks were going strong even before COVID-19, but behavioral shifts during the pandemic have lifted the sector further into the stratosphere.
The Federal Reserve’s campaign to bolster the bond market is only postponing an inevitable collapse of many corporate issuers, the bond king says.
Nobel prize-winning economist Robert Shiller says a second wave of COVID-19 could cause more damage to the national psyche than the first outbreak.
Second-quarter results, set for release next week, will probably show that the trends that took hold at the start of the year only intensified.