The so-called ‘X-date’ could come in June instead of August, say studies by Goldman Sachs and Wrightson ICAP, based on lower-than-estimated federal tax receipts.
Investments in physical assets did better and promise more than fixed income.
February, a bellwether month for the asset class, did not bring any relief, a Nasdaq eVestment study finds.
A slight dip in inflation and new Washington safeguards for lenders seem to have reassured investors, for now.
Cyclical stock sectors re-take the lead, but with deliberation, as earnings weaken.
With an anxiety-prone stock market not showing a lot of lift after last year’s losses, companies are holding off on going public.
BlackRock forecasts a 1% economic contraction this year. The question: How will investors respond?
The Wall Street heavyweight’s forecasts for each coming year have done well over three decades, coupling conventional wisdom with unorthodox guesses.
The economic and investing impact on China should be small, the firm expects. Hopefully with no Tiananmen Square rerun.
Strategists think the prospect of a gridlocked Congress will ultimately be good for stocks, with a couple of big exceptions.
