Citi: 4 Correction Triggers For September
There are four factors at play, Lefkovich says: the Federal Reserve’s discussion on tapering, rising inflation, pressure on profit margins and taxes.
There are four factors at play, Lefkovich says: the Federal Reserve’s discussion on tapering, rising inflation, pressure on profit margins and taxes.
Summers, a top advisor to former Presidents Clinton and Obama, argued that the Fed’s refusal to taper monthly asset purchases is equally dangerous.
Powell reiterated his commitment to easy money as the nation continues to recover from the novel coronavirus. His comments immediately boosted stocks.
Hopefully, you’ve never dropped “synergies” into a casual chat, but the temptation may have been there. Jargon has infiltrated our lives.
Investors don’t understand the fees they pay for investment products especially well, according to a recent State Street Global Advisors survey.
Investors hoping for more clarity from professional prognosticators 17 months after the pandemic upended financial markets are out of luck.
Bank of America’s Savita Subramanian, Morgan Stanley’s Mike Wilson, and Stifel’s Barry Bannister have all issued correction calls in recent weeks.