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US stocks could rally another 25% now that the Fed is no longer 'back to the wall' in the fight against inflation

US stocks could rally another 25% now that the Fed is no longer ‘back to the wall’ in the fight against inflation

One of Wall Street’s most relentless bulls has explained why he thinks US stocks can continue to rally through the end of the year after October’s game-changing inflation data on Thursday. Tom Lee, head of research at Fundstrat, said in a note to clients dated Friday that while “inflationists” doubt October’s weaker-than-expected inflation reading could …

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The Dow soars as Big Tech slumps: What it says about the Fed, recession fears and the way forward for stocks

The Dow soars as Big Tech slumps: What it says about the Fed, recession fears and the way forward for stocks

Last week offered a story of two markets, with gains for the Dow Jones Industrial Average putting the premier gauge on track for its best October on record while Big Tech heavyweights suffered a bombardment that reminded market veterans of the dot-com bust in the early 2000s. “You have a tussle,” Dan Suzuki, deputy chief …

The Dow soars as Big Tech slumps: What it says about the Fed, recession fears and the way forward for stocks Read More »

The Dow soars as Big Tech slumps: What it says about the Fed, recession fears and the way forward for stocks

The Dow soars as Big Tech slumps: What it says about the Fed, recession fears and the way forward for stocks

Last week offered a story of two markets, with gains for the Dow Jones Industrial Average putting the premier gauge on track for its best October on record while Big Tech heavyweights suffered a bombardment that reminded market veterans of the dot-com bust in the early 2000s. “You have a tussle,” Dan Suzuki, deputy chief …

The Dow soars as Big Tech slumps: What it says about the Fed, recession fears and the way forward for stocks Read More »

Equities are having an exceptional month of October.  Why the bear market rally may have more leeway.

Equities are having an exceptional month of October. Why the bear market rally may have more leeway.

An earlier version of this story misrepresented the date of the US midterm elections. They will take place on November 8 and not on November 9. Despite a series of risky events facing investors over the next few weeks, some on Wall Street believe the latest bearish rally in stocks has more room to maneuver. …

Equities are having an exceptional month of October. Why the bear market rally may have more leeway. Read More »