DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Jerome Powell - 2 Bill Adams - 2 Stocks - 1 Powell - 1 Gregory Daco - 1 Daco - 1 That's - 1
Top related locs:
Wall Silicon
Top related orgs:
Federal Reserve - 2 BMO Capital Markets - 1 Comerica - 1 Service - 1 BEA - 1 Consumer - 1 Comerica Bank's - 1 Fed - 1

Search resuls for: "Comerica Bank's"


5 mentions found


☆ Buy these 15 stocks to mimic a strategy that's crushed the S&P 500 since 2008 and has more than doubled its returns in the last 12 months
  + stars: | 2023-11-03 | by ( James Faris | ) www.businessinsider.com   time to read: +1 min
Stocks have rallied this week as optimism builds about earnings and interest rates. Strategists at BMO Capital Markets see the gains continuing through year-end. US stocks can continue their winning streak through the end of 2023, according to BMO Capital Markets. As expected, the Federal Reserve declined to raise interest rates at its November 1 meeting. Chairman Jerome Powell indicated that higher long-term interest rates set by the market made another hike unnecessary, as Bill Adams, Comerica Bank's economy chief, recently noted.
Persons: Stocks, Jerome Powell, Bill Adams Organizations: BMO Capital Markets, Federal Reserve, Comerica
☆ The US economy is surging
  + stars: | 2023-07-27 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +5 min
Real gross domestic product, or real GDP, grew at an annualized rate of 2.4%. That advance estimate for the second quarter beat the 1.8% increase expected. A recent GDP preview from Gregory Daco, chief economist of EY, also highlighted strength in the US economy and what it may mean. "Still, the economy continues to face significant headwinds from persistently elevated prices and costs, tightening credit conditions and rising interest rates. That's also much higher than the 3.2% seen in the second quarter of 2022.
Persons: Bill Adams, Jerome Powell, Powell, Gregory Daco, Daco, That's Organizations: Service, BEA, Consumer, Federal Reserve, Comerica Bank's, Fed Locations: Wall, Silicon
☆ 'The equity market is poised to struggle in the weeks and months ahead': Comerica Bank's CIO says the S&P 500 is primed for a 15% drop as weak earnings, high valuations, and a hawkish Fed all work aga
  + stars: | 2023-04-22 | by ( William Edwards | ) www.businessinsider.com   time to read: +6 min
Year-to-date, the S&P 500 is up 8%. Plus, when the Consumer Price Index is between 4-6% like it is now, it usually dictates that the S&P 500 trades at a lower multiple than it is. "For example, at the current S&P 500 P/E of 19, the earnings yield for stocks is 1 divided by 19, or ~5.2%. While he sees 15% downside in the months ahead, he also believes the S&P 500 will return to current levels by the end of 2023. Morgan StanleyWilson has also repeatedly warned of an earnings recession ahead, and recently said that the pullback in lending from banks strengthens his case.
☆ Fed economists say the central bank will have to cause serious pain to Americans and the economy if it sticks to its current path
  + stars: | 2023-02-24 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
In the Fed minutes released this week, the central bank's own economists have started to sound the alarm on a recession. Jerome Powell, for his part, has insisted that the Fed's 2% inflation target is set in stone. The jobless rate today stands at 3.4%. We will have other things to worry about at that point besides whether the Fed's inflation target should be 2.0 or 2.75 percent." How realistic do you think the Fed's 2% inflation target is?
☆ Comerica Bank's chief economist breaks down why home prices will continue their slide through most of 2023 — and shares why California's biggest markets will see some of the country's largest price de
  + stars: | 2023-02-23 | by ( William Edwards | ) www.businessinsider.com   time to read: +4 min
Housing prices around the US will see declines in the high single-digits, says Bill Adams. Los Angeles and the San Francisco Bay Area in California face unique challenges, he said. That downward trend will continue into the fourth quarter this year, Adams said, and peak-to-trough prices declines will end up being in the high single-digits. According to Kiplinger, Los Angeles, Orange County, San Francisco, and Oakland are all in the top 11 most expensive cities in the US. According to S&P CoreLogic Case-Shiller data, home prices in Los Angeles are down 7.5% from their peak, and prices in San Francisco are down 14.2%.
0 next >>
Total: 5