DIRS.INFO The most relevant business & tech news

☆ Earnings will continue to be the market driver in 2024, says Ned Davis Research's Ed Clissold
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings will continue to be the market driver in 2024, says Ned Davis Research's Ed ClissoldEd Clissold, Ned Davis Research chief U.S. strategist, joins 'Closing Bell' to discuss the moves in today's trading day.

Persons: Ned Davis, Ed Clissold Ed Clissold Organizations: Ned Davis Research

☆ These 5 recession indicators have escaped the danger zone after flashing economic red flags
▼ + stars: | 2024-04-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Five recession indicators that were flashing a warning sign about the economy have since retreated. AdvertisementVarious economic indicators that suggested a recession was imminent not too long ago have since retreated, according to Ned Davis Research. That means investors probably don't have to worry about an economic recession occurring any time soon. AdvertisementThese are the five recession indicators that are no longer flashing red as the resilient US economy continues to power forward. In February, the LEI ticked up 0.1% and the Conference Board no longer expects a recession," Kalish said.

Persons: Ned Davis, Joseph Kalish, Kalish, Board's LEI, LEI Organizations: Ned Davis Research, NDR, Gross, GDI, Conference Board

☆ The economy is sending mixed signals about a recession, and that's made the timing of the next rate cut less meaningful
▼ + stars: | 2024-04-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The economy is sending mixed signals about a potential recession in the near future, according to Ned Davis Research. The conflicting data suggests the Fed should de-emphasize when it will cut interest rates. AdvertisementThe US economy is sending mixed signals about when the next recession will arrive. Other economic indicators that measure manufacturing activity have been improving lately and argue for a long runway of economic growth ahead. That advice appears especially poignant following the release of the hotter-than-expected March CPI report, which plunged the probability of the first Fed interest rate cut happening in June from 50% to about 20% and pushed out the likelihood of a rate cut to July.

Persons: Ned Davis, Joseph Kalish, Kalish, Powell Organizations: Ned Davis Research, NDR, Federal Reserve Locations: Europe

☆ Tara Davis-Woodhall: ‘My entire memo is have fun,’ says the ‘free-spirited’ US long jump star
▼ + stars: | 2024-04-09 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

It’s hard not to be swept up in Davis-Woodhall’s approach to the long jump, especially when she finds reason to laugh even in the heat of fierce competition. “My entire memo is have fun,” she tells CNN Sport. Long jump is one track and field discipline which governing body World Athletics seems interested in developing, such as by introducing a take-off zone in the place of a fixed board. “I think it might be a little silly,” she says, “just because you kind of take away from the principle of long jump. That’s even more true for an athlete like Davis-Woodhall, currently jumping further and with more confidence than ever before.

Persons: Tara Davis, Woodhall, dally, I’m, –, I’ve, Ben Stansall, Serbia’s Ivana Španović, ”, Davis, don’t, “, “ I’m, “ I’ve, ” Davis, Hunter Woodall, Michael Woods, “ Tara, Hunter, Hunter Woodhall, it’s, Michael Steele, Jon Ridgeon Organizations: CNN, CNN Sport, Davis, Paris Olympics, Tokyo Olympics, Woodhall, Doping Agency, ”, University of Texas, World Athletics Locations: Glasgow, Scotland, Davis, AFP, “, Albuquerque , New Mexico, Tokyo, Budapest, Hungary

☆ Bull market breaks its stride with the S&P 500's first 2% dip in a long while
▼ + stars: | 2024-04-06 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

Was that a change in the market's character last week, or is it still the same old bull? This is generally to the good, as boring markets are bullish markets while they remain that way. Rates and commodities worries Other asset markets have also been at least inviting the question about a potential shift in character. The good news on this, as I keep insisting, is that it hasn't been a truly Fed-driven market. Though it's easy to imagine the market chafing at this kind of higher-rate, higher-growth equilibrium if it continues too much longer.

Persons: Ned Davis, Jerome Powell, hasn't, That's, We're, It's, Andrew Kelly Organizations: Ned Davis Research, Treasury, Fed, Investors Intelligence, Investment, Deutsche Bank ., New York Stock Exchange Locations: New York City, U.S

☆ Gold prices are at an all-time high—but experts like Warren Buffett don't always recommend investing
▼ + stars: | 2024-04-01 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

And even though gold prices are at an all-time high, many market watchers are still taking a shine to it. But even with a favorable outlook, gold should play a very different role in your portfolio than stocks or bonds, investing experts say. Why gold is up and could continue to riseDifferent investors cite different reasons for owning gold. In addition to a rising tide, a weakening U.S. dollar and falling bond rates have boosted gold prices of late, says Hayes. At lower rates, bonds and cash accounts "have less of a competitive advantage" over gold, he tells CNBC Make It.

Persons: it's, Tim Hayes, Ned Davis, Warren Buffett, It's, Ford O'Neill, we've, Hayes, Buffett Organizations: Ned, Ned Davis Research, Billionaire, Berkshire Hathaway, Fidelity, CNBC, Federal Reserve, ExxonMobil Locations: Berkshire, U.S

☆ Tenacious stock market heads into new quarter aiming to show it's not beholden to the Fed's rate plans
▼ + stars: | 2024-04-01 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

.SPX YTD mountain S & P 500, YTD Here's a scouting report covering a few relevant themes at play heading into the second quarter. The tenacious tape The behavior of the market itself is perhaps the strongest selling point for a bullish outlook from here. After the S & P has returned 10% or more in a first quarter? The index continued higher the following quarter nine of those 11 and was up the remainder of the year all but once. All but one of the previous episodes saw the market higher nine months later, which in this case would take it through 2024.

Persons: It's, YTD, we've, it's, —, Joe Kalish, Ned Davis, – Organizations: Federal, Ned, Ned Davis Research, Treasury, Fed, JPMorgan, Microsoft, Nvidia, Broadcom, AMD, Eaton Corp

The S & P 500 is closing out the first quarter on an epic win streak: The index is up 10% year to date and an amazing 25% in the past five months. Select S & P 500 sectors YTD Communication Services up 15% Technology up 12% Energy up 11% Financials up 11% Industrials up 10% Health Care up 8% The only sector down this quarter is real estate, off by 3% in the period. About 70% of the S & P 500 is in the green this year. The S & P 500 advance/decline has been on a tear since the middle of January, with far more stocks advancing on a daily basis than declining. "We saw persistent strength with the S & P 500 up every month from November through February, and this has nearly always been followed by more months of strength," he said.

Persons: Todd Sohn, Strategas, It's, Russell, Ned Davis, Davis, Alec Young Organizations: Communication Services, Technology, Energy, Care

☆ It's been four years since the market's Covid low with the S&P 500 returning 25% annualized since
▼ + stars: | 2024-03-23 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The four-year total return for the S & P 500 since March 23, 2020, is just about 150%, or 25.7% annualized. .SPX mountain 2020-03-23 S & P 500 since the Covid low This is, of course, an idealized starting point from which to measure performance. While the S & P 500 bottomed at around a three-year low under 2,200, the index spent only a few weeks under 2,500. More qualitatively, it's a bull market, and in a bull market the overshoots occur to the upside, so a rally being "ahead of itself" is not fatal. And the S & P 500 is only 9% higher than it was more than two years ago, hardly reaching escape velocity from planet Sanity.

Persons: –, Warren, Ned Davis, Tim Hayes, bullishness, Rocky White Organizations: HSBC, 3Fourteen, Bank of Japan, Fed, Ned Davis Research, Schaeffer's Investment Research, Intelligence, Bank of America

☆ Millennial women are taking over the economy
▼ + stars: | 2024-03-17 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Millennial women are having an outsized impact on the global economy, according to Ned Davis Research. "The rise in millennial female participation should have positive implications for the economy and equities in the long-term," NDR said. "The unemployment rate tends to be lower among people with higher education, which helps explain the greater take-up of women in the workforce. Younger women are more likely to have higher education and thus, be employed productively." Ned Davis Research"The premise is that when the economy has a large proportion of maturing population, workers are more productive, and incomes are higher," Grindal said.

Persons: Ned Davis, Alejandra Grindal, —, Grindal, millennials Organizations: Ned Davis Research, NDR Locations: Australia, Japan, Germany, Italy, South Korea

☆ 'Nearing exhaustion': Top strategists warn that weaker consumer spending could cause US stocks to run out of steam — but 22 investments can thrive during a market reversal
▼ + stars: | 2024-03-16 | by ( James Faris | ) www.businessinsider.com time to read: +10 min

Eight economists, investment chiefs, and strategists that Business Insider recently spoke to credited healthier-than-anticipated consumer balance sheets and spending for the continued expansion. "Either that, or they're going to be maxed out — they can't get any more money. They're not going to have any liquidity to be able to continue to do the things they're going to do." He's also sticking with defensive stocks as consumer spending softens, including those in the consumer staples sector like Clorox (CLX) and Procter & Gamble (PG). Real estate is a "hated asset class" that's negatively correlated with interest rates, Sekera said.

Persons: shouldn't, Kevin Gordon, Charles Schwab, they're, Sue Crotty, Ed Clissold, Ned Davis, Clark Bellin, Bellin, David Rosenberg, They're, Rob Swanke, Swanke, Preston Caldwell, Morningstar's, Dave Sekera, Sekera, Christopher Barto, Gordon, Clissold, He's, Morningstar's Sekera, Crotty, Segal Marco Advisors, She's, Barto, that's Organizations: Business, Consumers, Segal Marco, Ned, Ned Davis Research, Commonwealth Financial Network, Nasdaq, Morningstar, Fort Pitt Capital Group, Procter, Gamble, Federal Reserve, Exxon, APA Corp, Duke Energy, Segal, Energy, Healthcare Locations: Devon, Real, NiSource

☆ Citadel's relocation to Miami was a success. But can Ken Griffin get the rest of Wall Street to do it?
▼ + stars: | 2024-03-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at how two of the most powerful Wall Street firms are doing two years after relocating to Miami . Nearly two years ago the billionaire uprooted his hedge fund, Citadel, and market maker, Citadel Securities, from their Chicago headquarters to Miami. Employees at Citadel and Citadel Securities spoke to Business Insider's Emmalyse Brownstein about life in the new HQ . Shares tumbled 55% after The Wall Street Journal reported that Fisker had hired restructuring advisors to assist with a possible bankruptcy filing.

Persons: —, we're, sarayut Thaneerat, Tyler Le, Ken Griffin, Samantha Lee, San Francisco, Griffin, Anita Kot, Dogecoin, Elon Musk, Ned Davis, Fisker, Patrick Pleul, Andrew Cabellero Reynolds, Jenny Chang, Rodriguez, Sam Altman, Muhammad Ali, Steven Mnuchin, BI's Peter Kafka, Ezra Bailey, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Wall, Citadel, Citadel Securities, Sunshine State, Miami, New York, Ned Davis Research, Street Journal, Elon, OpenAI, Google, KKR, Benz Locations: Miami, Florida, Chicago, New York, London, York, Plenty, San, Austin, He's, Blackstone

☆ Bank of America's top global strategist shares 4 signs that a bubble continues to grow in US stocks — and 4 indicators to know when to get out of the market
▼ + stars: | 2024-03-09 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Bank of AmericaIn the note, Hartnett laid out more evidence that a bubble could be developing in stocks. The current real 10-year rate is 1.6%, according to Fed data. Hartnett said a falling number of job quitters shows a weakening labor market, hence the Fed's apparent willingness to cut rates soon. February's inflation data will be released next week, but January's data showed that prices are still rising at a pesky pace of 3.1%, above the Fed's stated goal of 2%. Whether a Fed pivot is a good thing for investors depends on just how cool labor market data becomes.

Persons: —, Michael Hartnett, Hartnett, quitters, Alejandra Grindal, Ned Davis, it's, Grindal Organizations: Service, Bank of America, Business, PHLX Semiconductor, Nasdaq, Semiconductor, Apple, Microsoft, Nvidia, Tesla, Meta, Bank of America's, Bureau of Labor Statistics, Ned, Ned Davis Research

☆ A Biden-Trump standoff won't present too much uncertainty for the markets, says Ed Clissold
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Biden-Trump standoff won't present too much uncertainty for the markets, says Ed ClissoldEd Clissold, Chief U.S. Strategist at Ned Davis Research, discusses Super Tuesday's impact on the markets.

Persons: Ed Clissold Ed Clissold, Ned Davis Organizations: Trump, Chief, Ned, Ned Davis Research

☆ The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons
▼ + stars: | 2024-02-27 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | ReutersOver the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday. "From a Global point of view, the GRANOLAS have even outperformed the so-called Magnificent 7 over the past two years. Their (out)performance is even more impressive on a risk-adjusted basis: with a volatility 2x lower than for the Magnificent 7, the GRANOLAS help to boost the Sharpe ratio." "This suggests that, in Europe, nearly all revenue growth of the STOXX 600 will come from the GRANOLAS.

Persons: Goldman Sachs, Sanofi —, Goldman, Tim Hayes, Ned Davis, Hayes Organizations: Staff, Reuters, GSK, Roche, ASML, Nestle, Novartis, Novo Nordisk, L'Oreal, LVMH, AstraZeneca, SAP, Sanofi, Street, Ned, Ned Davis Research, CNBC Locations: Frankfurt, Germany, Europe

☆ History shows the best trade has usually been to buy the stock getting kicked out of the Dow Industrials
▼ + stars: | 2024-02-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

If history is any guide, Walgreens Boots Alliance may fare better after getting tossed from the Dow Jones Industrial Average . In fact, data shows that betting on a stock that's leaving the Dow is often a better trade for investors than buying shares of a stock that's entering the 127-year-old average. What history shows Alcoa was the best-performing stock among the last 10 outgoing Dow members. For example, Honeywell International surged more than 40% one year after joining the Dow, while UnitedHealth rallied nearly 28%. General Electric , the last of the original 12 Dow stocks, plunged about 58% one year after leaving the average in 2018.

Persons: bode, Ned Davis, Goldman Sachs, —, Amgen —, UnitedHealth, DuPont de Nemours, Fred Imbert Organizations: Walgreens Boots, Dow Jones, Walgreens, Dow, General Electric, WBA, CNBC Pro, Ned Davis Research, NDR, Alcoa, HP, Bank of America, Nike, Visa, RTX Corporation, Exxon Mobil, Pfizer, Apple, Honeywell International, DuPont de Locations: U.S

☆ Amazon is getting added to the Dow. What it means for the market benchmark
▼ + stars: | 2024-02-21 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The Dow is adding Amazon, while removing Walgreens Boots Alliance. With the change, S & P Dow Jones Indices senior index analyst Howard Silverblatt said the Dow could rally all the way to 42,865. The effect on incoming and outgoing members of the Dow is less clear. According to past data from Ned Davis Research, stocks that leave the Dow have historically outperformed incoming members. Since 1972, outgoing members have averaged a 12-month gain of nearly 17.5%, while new members have averaged a 10% gain in their first year.

Persons: Dow, Howard Silverblatt, Silverblatt, Ned Davis Organizations: Dow Jones, Walgreens, Alliance, Walmart, Walgreens Boots Alliance, Dow, Ned Davis Research

☆ The stock market debate is trapped in the '90s with both bulls and bears drawing comparisons
▼ + stars: | 2024-02-10 | by ( Michael Santoli | ) www.cnbc.com time to read: +10 min

Value-investing asset manager GMO last week published a study showing that the top ten S & P 500 stocks by size have handily beaten an equal-weighted pool of the other 490 for several years now. Neither is Microsoft, a useful indicator give that it was the largest stock by market cap both in December 1999 and today. Indeed, today the stock market has done well even as expectations for the speed and depth of rate cuts this year have diminished. (Industrials are leading, the equal-weight S & P is up 19% from October and there were 204 new 52-week highs on the NYSE Friday over 24 new lows.) The S & P 500 uptrend has for weeks targeted the 5050 area, as an immediate culmination point, and it's just about there.

Persons: Morgan, Marko Kolanovic, —, Janus, Stocks, it's, Alan Greenspan, Greenspan, Jerome Powell, Ned Davis, Ed Clissold, Jurrien, Goldman Sachs Organizations: Nvidia, Cisco, Nasdaq, Cisco Systems, Microsoft, Fed, Netscape, Boston, NYSE Locations: Russia, It's, Orange County, Calif

☆ A pullback will be healthy for the market, says Ned Davis Research's Ed Clissold
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA pullback will be healthy for the market, says Ned Davis Research's Ed ClissoldEd Clissold, Ned Davis Research chief U.S. strategist, joins 'Closing Bell' to discuss the economy and his Fed expectations.

Persons: Ned Davis, Ed Clissold Ed Clissold Organizations: Ned Davis Research

☆ The odds of a global recession keep going down
▼ + stars: | 2024-02-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Ned Davis Research said economic indicators suggest the odds of a global downturn are diminishing. "The global economic lull we saw in the second half of 2023 appears to be abating." In a note published Tuesday, they highlighted that economic indicators across manufacturing, supply chains, and equities suggest the odds of a global recession have come down. On a historical basis, it's still below the long-term average of 53.2, but the global composite PMI has a recession threshold of 47.8. "This puts our breadth measure closer to pre-pandemic levels, when global expansions typically saw services breadth at 85% or higher."

Persons: Ned Davis, —, Alejandra Grindal, Patrick Ayers, Goldman Sachs Organizations: Ned Davis Research, Service, PMI, NDR Locations: China, India, East, Japan, Canada

☆ A look at how stocks perform before and after the Fed's first rate cut — and how it may be different this time
▼ + stars: | 2024-01-31 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

How markets perform after the first Fed rate cut may be more complicated this time than investors expect. The S & P 500 rose just 3.5% in 2007 before collapsing 38% in 2008. A year after the Fed cut rates in 2019, the Covid-19 pandemic weighed on markets. How stocks perform will be especially important as Wall Street assesses when the central bank will cut rates. Markets are currently pricing in a 46% likelihood the Fed will cut rates by a quarter percentage point at its March meeting.

Persons: Ned Davis, Ed Clissold, Sam Stovall, Bear Stearns, Lehman, Stovall Organizations: Federal Reserve, Fed, Dow Jones, Ned Davis Research, Dow, Ned, CFRA Research, Storm, Lehman Brothers Locations: U.S, Iraq, Kuwait

☆ Forget a soft landing, there may be ‘no landing,’ economist says. Here's what that would mean for you
▼ + stars: | 2024-01-29 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

"In many ways, we already have a soft landing," said Columbia Business School economics professor Brett House. What a 'no landing' scenario means"No landing means above-trend growth, and also above-trend inflation," Grindal said, describing an economy that is "overheating." As of the latest reading, the current annual inflation rate is 3.4%, still above the 2% target that the central bank considers a healthy annual rate. A "no landing" scenario also means more strain on household budgets and those with variable-rate debt, such as credit cards. "That looks like the soft landing has been more or less achieved and is likely to be sustained," House said.

Persons: Brett House, Alejandra Grindal, Ned Davis, Grindal Organizations: Federal, Columbia Business School, Gross, Ned, Ned Davis Research, Finance

☆ Stock market hits new high after 2 years, overcoming a nasty inflation period and surging rates
▼ + stars: | 2024-01-22 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The long wait between S & P 500 all-time highs is a friendly factor for forward performance, as far as historical observations go. John Kolovos of Macro Risk Advisors says, "It is OK to be bullish on the stock market (S & P 500) just not the market of stocks (everything else)," from a trend-following perspective. Barry Knapp of Ironsides Macroeconomics calculates that the equal-weight S & P is one standard deviation cheap versus the market-cap-weighted index. Remarkably, the S & P 500 first pushed above 19-times forward earnings exactly four years ago, right before the Covid crash. Well, the S & P 500 has delivered an annualized total return near 11% in the four years since.

Persons: Ned Davis, Wayne Whaley, Whaley, I've, haven't, John Kolovos, Barry Knapp, Knapp, USTs, it's, hasn't Organizations: Ned Davis Research, Foresight, Federal, noncommittal, Nvidia, Nasdaq, Deutsche Bank

☆ The stock market has cooled off to start 2024, but it's still checking most of the bull market boxes
▼ + stars: | 2024-01-13 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The small-cap Russell 2000 has dropped close to 4% against a fractional gain in the S & P 500 year to date. In broad terms, the S & P 500 could retreat to 4600 or so – about 4% down from here – and still be in a routine technical check-back to its latest launch point in early December. Todd Sohn of Strategas notes that the Invesco S & P 500 Equal Weight ETF (RSP) saw inflows go vertical last year to $13.5 billion, 30% above its prior 12-month record. Betting on 'peacetime' Fed cuts Right or wrong, the market debate right now can never get far before turning into a Fed-policy-path discussion. Last week's CPI and PPI data added to the market's collective conviction that inflation's downside momentum is strong, opening the way for "peacetime" Fed rate cuts.

Persons: that's, Russell, Ned Davis, Tim Hayes, Tony Pasquariello, Goldman Sachs, Henry McVey, KKR's, McVey, Morgan Stanley, Todd Sohn, Strategas, they're, Jerome Powell Organizations: Ned Davis Research, Goldman, Nasdaq, Apple, CPI, PPI Locations: U.S

☆ Stocks end 2023 with a 4th-quarter rally and many soft landing converts. Breaking down the '24 outlook
▼ + stars: | 2023-12-30 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

.SPX YTD mountain S & P 500, YTD As for the "too far, too fast" argument, it's worth recalling that all the S & P 500 has done is nearly complete an almost-symmetrical two-year round trip. Ned Davis Research U.S. strategist Ed Clissold looked back at prior times the S & P 500 has gone more than a year without making a record high. This is always a tricky proposition – cash that leaves money markets to buy stocks leaves the seller of the stocks with cash. For one thing, $6 trillion is only about 12% of total U.S. equity market cap, near the lower end of its historical range. At the 2009 market low money markets were 50% of equity market cap.

Persons: —, we've, Jason Goepfert, Jeff deGraaf, Ned Davis, Ed Clissold, Jerome Powell, it's, Cash Organizations: Federal Reserve, Fed, Timely, National Association of Active Investment, Ned Davis Research, Investment, of

Search resuls for: "Ned Davis"

25 mentions found