by Yahoo.com | Mar 17, 2025 | AlphaTack Intel
Another Wall Street strategist is lowering her year-end target on the S&P 500 (^GSPC), citing economic growth concerns. Following the S&P 500’s recent 10% drawdown, RBC Capital Markets head of US equity strategy Lori Calvasina lowered her year-end target...
by Yahoo.com | Mar 17, 2025 | AlphaTack Intel
The S&P 500 (^GSPC) has entered correction, falling 10% from its February all-time highs as political uncertainty has driven fears over the market outlook. “There’s been a sentiment shift,” Citi US equity strategist Scott Chronert told Yahoo...
by Yahoo.com | Mar 15, 2025 | AlphaTack Intel
Is there anybody left who likes President Trump’s new economic nihilism? There must be a few folks. Domestic steel and aluminum producers will see increased profits from Trump’s import tariffs, while everybody else pays more. The Wall Street Journal found a handful of...
by Yahoo.com | Mar 3, 2025 | AlphaTack Intel
A choppy February for investors was punctuated by a poor reading on consumer confidence, a soft report on consumer spending, and a sell-off across many of the momentum trades that had defined the market action this year. “The fear here among a lot of investors...
by Yahoo.com | Feb 16, 2025 | AlphaTack Intel
Overall household debt climbed to a new high of $18.04 trillion in the fourth quarter, the New York Fed reported. Digging out of debt used to be a new year tradition. The first three months of the year typically were the busiest for credit counselors, who were...