Bonds Should Climb Nicely in 2024, WTW Predicts
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.
The pessimistic takes come after the third quarter’s rebound from the earnings recession.
The nation’s stocks out-run everyone else’s, and should continue to, per the firm’s outlook.
The mega-cap tech giants appear invincible. But things always change in the market.
Market-wide forces are impacting the high-flying shares, which have led the S&P 500 all year.
Historically, when the sector’s P/Es are this high, its market performance flags over the next 12 months, per Jack Ablin.
The S&P 500’s EPS had three down quarters in a row, but now analysts are growing more optimistic.
Why emerging markets, now in the doldrums, will come back, per Lazard.
The iPhone maker faces hurdles, while its rival appears to have a smoother path.
Their stocks have been flat, like the rest of the market, but profit expectations are high for Q3.
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
The industry also is expanding its exposure to stocks and alts, amid rising rates.
Artificial intelligence-fueled productivity should expand margins by 4 percentage points, the firm projects, but it won’t happen right away.