This Decade Will Be a Downer for the Stock Market: Heard That One Before?
Historically, bad news and painful slumps like today’s inspire blah predictions. Funny thing how wrong they’ve been.
Historically, bad news and painful slumps like today’s inspire blah predictions. Funny thing how wrong they’ve been.
Strategists think the prospect of a gridlocked Congress will ultimately be good for stocks, with a couple of big exceptions.
They usually go up after the vote, with the uncertainty over. But maybe not this year, warns Schwab’s Liz Ann Sonders and some other Wall Street savants.
Using methods other than market value should give superior performance amid slow economic growth and rapid inflation, respondents believe.
Venture capital and private equity boosted their valuations mightily in the past 20 years.
Gregory Davis predicts that a U.S. economic slump, when it occurs, will be mild.
At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.
They are worried about the pandemic, GDP, inflation and Ukraine, he finds.
If the CPI stays below 6%, equities gain, but a 1970s surge is harmful to them, the firm calculates.