One week, the U.S. enters a technical recession. The next week, markets are ripping on positive inflation data. What should investors believe? Markets staged a strong recovery from June’s market lows — so strong that the tech-heavy Nasdaq is now considered in a bull market (20%+ gain). These sectors lead the market after a sharp…
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Why it’s not the right time to buy U.S. stocks… so when is it?
Last week, a WSJ economist survey showed the odds of a recession in the next 12 months at 44% — up from 28% in their April survey. The WSJ data point rarely reaches these levels except in an actual recession. In December 2007, economists had a 38% chance of the economy going into a recession….
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These are the top-performing stocks of 2021 and our 2022 sector predictions
Time to make some 2022 predictions, disappear for a year — and see everyone again in 2023. Before that, let’s take a look at the top performers of last year. A mix bag of industries According to MW, the top three performing stocks of 2021 were: Devon Energy (NYSE:DVN — 196% return) — oil and…
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What could go right in the stock market for 2022?
We’ve talked extensively about what could go wrong with the stock market — here’s a look at what could go right. It’s hard not to be optimistic about the future when the S&P 500 keeps plowing to record highs despite pandemics, wars and market bubbles over the past century. Think positively: Here are the biggest…
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Two 2022 Predictions: S&P 500 and Bitcoin/Ethereum
S&P 500: Wall Streets’ 2022 predictions for the S&P 500 are the widest in a decade — Inflation, COVID and changing monetary policies are making forecasting difficult. S&P 500 forecasts are ranging between 4,400 to 5,300 — implying a 6% drop or a 12.7% increase. The S&P 500 is currently trading at 4,701 — up…
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