DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
” - 1 Josh Emanuel - 1 Emanuel - 1 James St . Aubin - 1 Jeffrey Gundlach - 1 Mark Heppenstall - 1 Josh Jamner - 1 Davide Barbuscia - 1
Top related locs:
U.S
Top related orgs:
YORK - 1 Federal - 1 Wilshire - 1 Nasdaq - 1 Sierra Investment Management - 1 DoubleLine Capital - 1 CNBC - 1 Fed - 1

Search resuls for: "Mark Heppenstall"


2 mentions found


☆ Investors on guard for market stress as Fed signals more hikes ahead
  + stars: | 2023-06-15 | by ( Davide Barbuscia David Randall | Davide Barbuscia | David Randall | ) www.reuters.com   time to read: +5 min
As a result, he is staying away from assets that could be hit hard if market stress suddenly increases, such as small cap stocks. The S&P 500 edged up 0.1% on Wednesday after shuffling between gains and losses. The S&P 500 is up 15% this year, while the Nasdaq (.IXIC) has gained 30%. Mark Heppenstall, chief investment officer of Penn Mutual Asset Management, believes a burgeoning stock market rally could loosen credit conditions, threatening to exacerbate consumer prices - an undesirable outcome for the inflation-fighting Fed. The S&P 500 is up 14% from a low reached after the banking crisis in March.
Persons: ”, Josh Emanuel, Emanuel, James St . Aubin, Jeffrey Gundlach, Mark Heppenstall, Josh Jamner, Davide Barbuscia, David Randall, Ira Iosebashvili, Sam Holmes Organizations: YORK, Federal, Wilshire, Nasdaq, Sierra Investment Management, DoubleLine Capital, CNBC, Fed, Penn Mutual Asset Management, ClearBridge Investments, Thomson Locations: U.S
☆ Why does Wall Street expect a rate hike in June?
  + stars: | 2023-05-28 | by ( Krystal Hur | ) edition.cnn.com   time to read: +4 min
CNN —Wall Street expects the Federal Reserve to raise interest rates in June. Not only that, it finally believes the central bank when it says it likely won’t cut rates this year. Futures traders expected a roughly 66% chance of a quarter point rate hike in June as of Friday afternoon, according to the CME FedWatch Tool. That’s a drastic about-face from even earlier this month, when Wall Street expected the central bank to slash rates multiple times this year starting as early as this summer. “If it comes in hotter than expected, it almost locks a rate hike in” for June, said Heppenstall.
0 next >>
Total: 2