Wall Street learns what was already known to people who move to Florida only to end the hate of moisture and big bars: the grass is always More green on the other side.
An example of this: Analysts in both Goldman Sachs and Bank of America this week has become the latest to raise their targeted expectations at the end of the year for the S&P 500. he considered it a sign that the great rotation from the United States earlier this year amid fears of the trade war might be excessive correction.
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While the so-called Taco Trading may be the most important shortcut in Wall Street and in financial publications this year, the shortcut of a trading merchant-and somewhat linked-is also returning to fashion: Tina. This “has no alternative (for us to share US shares),” for beginners. However, Tina Trade has achieved some obstacles in recent years, as bonds appear to be very alternative in the era of high interest rates. But this year’s trade war made The bond market is a littleTo borrow the phrase. Meanwhile, talking about the end of the American exceptional, as it becomes clear from rotating to Europe and other places, may be slightly exaggerated. With the indulgence of the trade war, the monthly value of the S&P 500 in June (2.3 trillion dollars) has multiplied more than three times from the Stoxx Europe 600 ($ 600 billion), according to Modern Bloomberg AnalysisAnd the index rose to a standard level.
Last month, David Coston, the chief American stock strategy in Goldman Sachs, announced that “Tina’s Tina Trading is in good health”-driven by retirement and retail accounts, as American families committed a bury for purchase of an epic to buy the record 49 % of their financial assets this year of shares. The expected expenses for the bank, which were published late on Monday and followed by a similar review in Bofa the next day, add to the choir of increasing optimistic sounds:
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Bofa raised its expectations from 5600 to 6300, while Goldman’s goal increased from 6100 to 6600; Citigroup, Barclays and Deutsche Bank raised their expectations in June. Most major brokerage firms dropped the end of the year to less than 6000 after the liberation day on April.
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In her note, Goldman was martyred with recent inflation data and the surveys of companies that showed less than expected, as well as the possibility of cuts in interest rates.
Made of pure focus: The market gathered in June and the return of Tina Trade, exactly, Kumbaya in practice – which is possible that enthusiasm may now be a bit hot. At least this thesis A recent study of analysts In Bloomberg Intelligence, which was found that only 10 % of the shares on the S&P 500 index has been working to operate the index revenues since its lowest level in April, where it decreased by 22 % from 2010 to 2024. Meanwhile, the S&P 500 has not reached equally since November. Analysts at Oppenheimer & Co. By registering similar concerns, they recently says Bloomberg: “The broader participation is important. Groups with most participating stocks, large and small, are the gatherings that usually continue.”
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