US Economy Poised For 'Solid' Growth In 2025 Because America 'Doesn't Import Recessions': BofA
The US economy is on solid footing right now. Economists at Bank of America expect it to stay that way through next year.
Brookstone: How To Decode Third-Party Market Predictions For Your Clients
In a recent discussion (you can watch it HERE), Chief Investment Officer Mark DiOrio, CFA, analyzed a Goldman Sachs prediction that suggests the stock market may see only 3% annualized returns over the next decade. Mark expresses skepticism, noting that such forecasts often resurface with negative sentiment, which can mislead investors. He explained that these low-return scenarios are rare and short-lived, typically driven by external events. He emphasized the risk of missing market rallies by focusing too heavily on pessimistic forecasts.
AssetMark: Managing Cash in a Declining Rate Environment
(AssetMark) Over the past 2+ years the Fed consistently raised rates from a low of 0%-0.25% in the pandemic to 5.25%-5.5% by summer 2024. While this period of high and rising rates attracted a lot of client interest (and flows), it’s starting to come to an end. The Fed cut rates by 0.25% on November 7 and markets are expecting a number of additional rate cuts by the end of 2025.
So as an advisor, what does this mean? Does it impact how I manage my client’s cash? What should I be doing next?
Citadel Defies Commodities Slump To Rack Up $4 Billion In Gains
Citadel is on track to defy a sluggish year for commodities trading across Wall Street, burnishing the fund’s image as a top force in the asset class.
S&P 500 Will Hit 6,666 In 2025 With Large-Cap Value Stocks Leading The Way: BofA
The stock market rally is far from over, according to Bank of America's equity and quantitative strategy team.