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Top related persons:
— - 2 Gary Schilling - 2 Jonathan Golub - 1 Danielle DiMartino Booth - 1 it's - 1 Frances Donald - 1 Donald - 1 We're - 1
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Service - 2 UBS - 1 Chicago - 1 Federal Reserve Bank of New - 1 US metros - 1 QI - 1 Bloomberg - 1 Wall Street - 1

Search resuls for: "Gary Schilling"


2 mentions found


☆ The S&P 500 will climb another 6% by year-end as recession risk subsides, UBS says
  + stars: | 2024-05-28 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +2 min
UBS lifted its S&P 500 price target from 5,400 to 5,600, marking the highest target on Wall Street. The new estimate stems from diminishing recession risk and strong earnings growth. UBS also raised its estimate for earnings-per-share growth for 2024 and 2025. AdvertisementShrinking recession risks and estimate-beating earnings growth have prompted UBS to once again lift its S&P 500 year-end target, the bank said in a Tuesday note. Although UBS had upgraded its S&P target as recently as February, recent economic data has made that month's 5,400 forecast look too weak.
Persons: —, Jonathan Golub, Gary Schilling Organizations: UBS, Service, Chicago
☆ These 3 metro regions still haven't recovered from the pandemic recession as Wall Street debates when the next downturn will strike
  + stars: | 2024-05-11 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +4 min
More than a quarter of US metros are still recovering from COVID-era job losses, the Federal Reserve Bank of New York reported. Today's job market amplifies fears of another recession, which some experts say could hit as soon as this year. AdvertisementAs analysts clash over when the next recession will befall the US, large swaths of the country are still bogged down in the previous downturn. The Federal Reserve Bank of New YorkBut this trend is especially distinct in the Northeast, a region that's home to particularly impacted metros. By this indicator, a recession started in October, confirmed further by accelerating job erosion, Danielle DiMartino Booth said.
Persons: —, Danielle DiMartino Booth, it's, Frances Donald, Donald, We're, Gary Schilling Organizations: Federal Reserve Bank of New, Service, US metros, QI, Bloomberg, Wall Street Locations: COVID, Federal Reserve Bank of New York, Rust Belt, California, Hawaii, New Orleans, Honolulu, San Francisco, Cleveland , Detroit, Pittsburgh, Northeast, New York City, New York
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