Hints and tips:
...Mark Pittman, a judge in the northern district court of Texas, ruled that Biden’s plan to forgive student loan debt was “unlawful”. 5....
...(NGL, we love it when analysts drop an exclamation mark in)....
...That marks the second-best performance for the index since 2009, narrowly falling short of a 23 per cent gain in 2019....
...The fear is that this could mark an inflection point for markets....
...Today, the CSI 300 sits a tenth below that high water mark, even after Beijing’s renewed efforts at stimulus this year....
...But Jim Paulsen, chief investment strategist at the Leuthold Group, said he was more optimistic about the economy after this week’s employment data, which served as a “reminder that we can have hotspots...
...Despite the elevated levels of US stocks, there is more room to grow, said Jim Paulsen, chief investment strategist for the Leuthold Group....
...“I worry about the yield curve,” said Jim Paulsen, chief investment strategist for the Leuthold Group....
...Mark Grant, chief global strategist at investment bank B....
...Mark Grant, chief global strategist at B Riley FBR Inc in Fort Lauderdale, Florida “My target for the S&P 500 by year end is 3,382 and the 10-year yield at 1.70 per cent . . ....
...Shi Yinhong, an international relations professor at Renmin University in Beijing, said: “It marks a serious escalation of the trade war....
...Or, as Jim Paulsen of the Leuthold Group says, should the equity market correction deepen “investors will need to decide whether the bear market has begun, or whether they have just been presented with one...
...Facebook vaulted past the $200 per share mark for the first time, gaining 2.3 per cent to end the day at $202. Amazon closed up 0.9 per cent at $1750.08 per share....
...If it holds that level, it would mark one in only three times since the start of the economic recovery that the gauge has closed at such a low level, Reuters data show....
...Jim Paulsen, chief investment strategist at The Leuthold Group, says the market had largely priced in a lot of good news from Wall Street....
...This is disconcerting, as inflation above the 3% mark has historically been a bit of a "toggle switch" for Wall Street. And that's Jim Paulsen of Leuthold Group....
...Inflation above the 3 per cent mark has historically been a “toggle switch” for Wall Street, notes Jim Paulsen of Leuthold Group....
...Inflation above the 3 per cent level has historically proven a “toggle switch” for US bonds and equities, with losses starting to get serious above that mark, according to the Leuthold Group’s Jim Paulsen...
...It is worth reading in full but here is an operative passage: [L]ate-cycle booms typically mark the beginning of the end....
...It’s hard to see why it would quit,” said Jim Paulsen, chief investment strategist at Leuthold Group. “People are focused on non-fundamental forces.”...
...As Jim Paulsen of Leuthold points out, even if stocks have moved to a permanently higher valuation range, they are now exceeding that range: High valuation tells you nothing about when the stock market...
...It’s the Economy, Stupid For those who think the long US stock rally is totally divorced from economic reality, Jim Paulsen, now of Leuthold, offers this riposte....
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