Mortgage Rates Will Stay Above 6% Through 2025, Goldman Sachs Says
Goldman previously had expected the 30-year mortgage rate to be at 7.1% by the end of 2024 and at 6.6% by the end of 2025.
Source: businessinsider.com
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A Rise in Passive Index Funds Could Fuel Bubble in Mega-Cap Growth Stocks
"Passive + reinvested dividends = mega-cap growth bubble," Bank of America's Savita Subramanian told clients last week.
Source: businessinsider.com
Expect Stock Market Pullback in Early 2024 for These 4 Reasons: Fundstrat
"In the current context, we could see S&P 500 4,400 to 4,500 once we make all-time highs, or a modest pullback," Fundstrat's Tom Lee warned.
Source: businessinsider.com
Microsoft Stock Price 2024 Outlook: 'iPhone Moment' Has Arrived With AI
Recent channel checks with AI customers have turned incrementally more bullish and bode well for Microsoft's ability to monetize CoPilot in 2024.
Source: businessinsider.com
Wall Street Strategist Had Spot-on 2023 S&P 500 Forecast. Here's His 2024 Outlook
A year ago, Fundstrat's Tom Lee said the S&P 500 would end 2023 at 4,750, which is within 1% of its current level.
Source: businessinsider.com