Ken Fisher out of sex rehab?I saw that Ken Fisher stated something very similar to this today as well. Where is everybody else's head on this? Is it nearly time to get back in or run for the hills?
The stock market will recover all of its 2022 losses by year-end as the economy avoids recession and Ukraine risks lessen, JPMorgan says
Helping prop up the stock market are corporate buybacks, which are poised to hit a record annualized level of $1.2 trillion, JPMorgan said.www.yahoo.com
2022 Stock Market
- Thread starter BCClone
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Does that affect which way the market is going to move? Aside from that, he wasn’t in any kind of sex rehab.
Interesting take that the analyst thinks a "strong US consumer" will help to prop up the market and investment in the market's later half of the year will come from paychecks as opposed to stimulus checks. Weren't retailer stocks crushed during earnings a few weeks back because of "consumer softness"?
I just don't see how folks are going to be putting "extra" money into the markets when the "extra" money is being shelled out for higher food and fuel prices. Actually, around me I've been seeing more and more "luxury items" (boats, vehicles, motorcycles, motor homes, etc.) being put in front lawns with "For Sale" signs; which to me, indicates money is tight right now for a lot of folks.
With some of the more aggressive members of the Fed wanting to really ratchet up interest rates to combat inflation and considering we're still in one of the most historically low interest rate periods - I'm mostly sitting on the sidelines. All this being said, it seems like the opposite of what I think will happen is what actually happens - so there's that.
Dodged that bullet; but was hit by plenty of others in biotech where $XBI reflects the 'carnage'.
Looks like OPEC is going to increase production a little bit. Can't find an article that isn't behind a paywall, so sorry for no link.
However, its possible that oil prices may not fall due to the increase in production. Reason being is that China is opening back up and that demand will take some of the increased oil production.
However, its possible that oil prices may not fall due to the increase in production. Reason being is that China is opening back up and that demand will take some of the increased oil production.
On a side note
A gallon of gas went up 70 cents a gallon just yesterday. Not sure I've ever seen a one day jump like that. As a percentage I'm sure the spike was higher during one of the gulf wars, but a highly visible sticker shock like that makes me wonder
It hasn't impacted our driving habits yet, but what a drag on the economy.
Idk, OnlyFans makes it pretty easy to sell pictures of your butt to pay the bills these days
I have been dollar cost averaging into VWUSX in the low $40s. It topped out at $79 when the market was high. Hope it works out.
Consumer spending looks to be decreasing a little. Link below may be behind a paywall, but I am able to access it through incognito. Link also provides a breakdown regarding which consumer sectors saw decreases in spending compared to others.
www.marketwatch.com
U.S. retail sales fall for first time in five months. Is high inflation starting to bite?
: Sales at U.S. retailers fell 0.3% in May largely because of fewer auto purchases, but rising prices due to high inflation may have also discouraged shoppers.
www.marketwatch.com
Consumer spending looks to be decreasing a little. Link below may be behind a paywall, but I am able to access it through incognito. Link also provides a breakdown regarding which consumer sectors saw decreases in spending compared to others.
U.S. retail sales fall for first time in five months. Is high inflation starting to bite?
: Sales at U.S. retailers fell 0.3% in May largely because of fewer auto purchases, but rising prices due to high inflation may have also discouraged shoppers.
Carl adding a spin