Stock Market Outlook 2023: S&P 500 Will Be Flat Even in a Soft Landing
Goldman's David Kostin said the S&P 500 will decline roughly 10% before rebounding to end up at around 4,000, which is about where it is today.
Source: businessinsider.com
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Jeremy Siegel Says Recession Is 'Virtually 100%' If Fed Hikes Next Year
"But I think they're going to pivot once they see the weakness in the data come through," Siegel told CNBC.
Source: businessinsider.com
Stock Market News Today: Indexes Open Mixed As China Rebounds
The Shanghai Composite Index climbed 2.3% and Hong Kong's Hang Seng Index jumped 5.2% after diving on Monday.
Source: businessinsider.com
Fed Rate Cuts to Reach 200 Basis Points by Mid-2024: Deutsche Bank
The first Fed rate cut will be 50 basis points in December 2023, followed by 150 basis points of cuts into 2024, the note said.
Source: businessinsider.com
Mark Cuban Still Believes in Crypto's Underlying Value Despite FTX Crash
"I don't know all the details, but if I were him, I'd be afraid of going to jail for a long time," Cuban said of FTX founder Sam Bankman-Fried.
Source: businessinsider.com