Underneath the stock market's epic rebound has been a"more favorable" trend that Credit Suisse says will drive the market higher.
That is because all the market risks that tanked stocks in December are now"receding," according to Credit Suisse chief U.S. equity strategist Jonathan Golub. "More specifically, less hawkish comments from the Fed, declining inflation and recession fears, and the potential for a resolution to China trade issues are the primary forces driving volatility and spreads lower, and stocks higher," he added.
Credit Suisse actually lowered its 2019 earnings estimates for the S&P 500 firms to $170 from $174 despite raising its stock price outlook. The firm says the lowered estimates are due to lower oil prices and large tech companies' worsening outlooks.
Enough of that reporting - bury this, stat!
CNBC rubbish reporting of pumping continues. Have you said ONCE that valuations are back into Trillions, that Federal Private and corporate debt is out of proportion, and that economic stagnation in EU and China is felt in usa via retail and housing slowdown?! jimcramer
😆😆😆😆😆😆😆😆 Not going to happen.
~7% to go!!!! $SPX
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Suisse just named one of Wall Street's youngest female executives as global head of equity salesA Credit Suisse memo sent to staff on Wednesday says Baldwin will replace Eric Miller as global head of equity sales. GoBackRahul GoBackModi ArrestPollachiRapists ArrestPollachiADMKRapists Rainbows and crony capitalism.
Source: BusinessInsider - 🏆 729. / 51 Read more »
IBM Cuts Credit Unions Deal For Blockchain Services In $1.7 Trillion IndustryIBM - aka ‘Big Blue’ - and Denver-based credit union service CULedger, are to collaborate to develop new blockchain-based services for credit unions that globally have some 260 million members and over $1.7 trillion in assets. Improving customer satisfaction and building greater trust are the goals. Interesting..🤔 Smart use of BlockChain. Finally someone moving past the failed CryptoCrap. IBM is raking in an amazing amount of tech services. I honestly can't wait till QuantumComputer are scaled down enough to be sold to the individual customers
Source: Forbes - 🏆 394. / 53 Read more »
IBM Cuts Credit Unions Deal For Blockchain Services In $1.7 Trillion IndustryIBM - aka ‘Big Blue’ - and Denver-based credit union service CULedger, are to collaborate to develop new blockchain-based services for credit unions that globally have some 260 million members and over $1.7 trillion in assets. Improving customer satisfaction and building greater trust are the goals.
Source: Forbes - 🏆 394. / 53 Read more »
Electric vehicle demand likely to drop if tax credit ends: U.S. officialElectric vehicle demand is likely to drop if the United States eliminates a tax ... So don't drop the tax credit then… Well, it's important to support the oil industry. It's a good thing we're going to be the leading producer of oil and gas in the world thanks mr. President
Source: Reuters - 🏆 2. / 97 Read more »
Cloud Technology Enriches How $1.6B Credit Union Does Business With Prospects, Members, And EmployeesPhoenix’s Arizona Federal Credit Union uses Oracle HCM Cloud to attract top job applicants, make banking easier for members, and simplify benefits administration for employees. Oracle Only the worthless bloggers at Forbes could think they'd be real competition. Get some mouse clicks for your bullshit?
Source: Forbes - 🏆 394. / 53 Read more »
7 credit cards currently offering new-member bonuses of 100,000 points or moreRight now, there are 7 credit cards with bonuses of 100,000 points or more! Hotel cards from Marriott, Hilton, and IHG represent fantastic values.
Source: BusinessInsider - 🏆 729. / 51 Read more »
China to bar people with bad 'social credit' from planes, trainsNo, this isn't an episode of 'Black Mirror.' China monitors the behavior of its citizens to determine each person's 'social credit.' Too low a score can lead to a transportation ban. The tech companies do that to us. We need a global populist revolution. Jack Dorsey, you hear me? What you said should refer to Zhima credit which is a service provided by Alipay. So shut up and look into further truth. Thanks a lot. They still have citizen classes every week?
Source: CNBC - 🏆 12. / 72 Read more »
IBM Cuts Credit Unions Deal For Blockchain Services In $1.7 Trillion IndustryIBM - aka ‘Big Blue’ - and Denver-based credit union service CULedger, are to collaborate to develop new blockchain-based services for credit unions that globally have some 260 million members and over $1.7 trillion in assets. Improving customer satisfaction and building greater trust are the goals. ripple_crippler hey look its my mass
Source: Forbes - 🏆 394. / 53 Read more »
Contrarians Combine As Canadian Titan Brookfield Buys Credit Heavyweight Oaktree CapitalOn Wall Street, there’s no shortage of sharp elbows and big egos. Brookfield's billionaire chieftain Bruce Flatt's and his deal for Oaktree Capital, a dean of distressed investing, underscores the Canadian's quiet rise. Brasil Brasil Brasil
Source: Forbes - 🏆 394. / 53 Read more »
Contrarians Combine As Canadian Titan Brookfield Buys Credit Heavyweight Oaktree CapitalOn Wall Street, there’s no shortage of sharp elbows and big egos. Brookfield's billionaire chieftain Bruce Flatt's and his deal for Oaktree Capital, a dean of distressed investing, underscores the Canadian's quiet rise.
Source: Forbes - 🏆 394. / 53 Read more »