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☆ Bull markets don't end with this much bear market sentiment, says Stifel's Bannister
▼ + stars: | 2023-05-08 | 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 EmailBull markets don't end with this much bear market sentiment, says Stifel's BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk on the Street' to discuss if now is the time to worry about equities, the timeline of Bannister's price target for the S&P and how Bannister justifies the price target's valuation.

In the years that followed, male athletes treated their first sub-four-minute mile as a watershed moment – a rite of passage on the way to becoming a top middle-distance runner. “Back then, getting under that four-minute mile was a big thing, especially for milers,” he added. Edmund Hilary and Sherpa Tenzing Norgay had become the first people to summit the world’s highest peak the year before, and the first four-minute mile duly became running’s own Everest summit, expanding perceptions of human potential. Wes Santee, seen here competing in a three-mile cross-country race, came close to running a sub-four-minute mile during his career. “It still has some mystique,” Magness says about the status of the four-minute mile today.

☆ 'Easy money is behind us, the hard money is now,' Stifel's chief strategist warns
▼ + stars: | 2023-04-25 | by ( Bree Doyle | ) www.cnbc.com time to read: +1 min

According to Stifel's Barry Bannister, the market is on a road to nowhere for almost the next decade. "Easy money is behind us, the hard money is now," the firm's chief equity strategist told CNBC's "Fast Money" this week. The price earnings multiple comes down." But it's a strategy "Fast Money" trader Dan Nathan questions during a sluggish market. "I do not think you want to be overweight small caps right here," said RiskReversal Advisors principal Dan Nathan.

☆ UK house prices show weak rise in April, Rightmove says
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 24 (Reuters) - Asking prices for property being put on sale in Britain over the past month rose less than normal for the time of year, figures from property website Rightmove showed on Monday, adding to signs of more subdued momentum in the property market. Rightmove said that average asking prices were up by 0.2% over the month, less than the average 1.2% gain seen at this time of year. Compared with a year earlier, asking prices were 1.7% higher, down from a 3.0% annual increase a month earlier. Rightmove said transaction volumes were now back to around the level they were before the start of the pandemic. ($1 = 0.8045 pounds)Reporting by David Milliken, Editing by Kylie MacLellanOur Standards: The Thomson Reuters Trust Principles.

☆ UK house sales at pre-COVID levels after 'mini-budget' shock - Rightmove
▼ + stars: | 2023-04-11 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

Property website Rightmove (RMV.L) said the number of sales agreed between sellers and buyers was just 1% lower last month than in March 2019 as borrowing costs edged down from their leap after the September 'mini-budget'. However, while the total number of agreed sales had improved from being 21% below 2019 levels as recently as January, they remained down 18% when compared with March 2022. Real estate agents noted a "significant upswing" in buyer demand for apartments of all sizes, with agreed sales rising 10% from 2019, up from a fall of 11% at the start of 2023. London saw the most pronounced recovery in the broader market, with overall agreed sales increasing 11% compared to March 2019, and agreed sales of apartments 23% higher. Rightmove said a third of properties were reduced from their original asking price, up from 19% last year although in line with pre-pandemic levels.

☆ UK property asking prices show weakest February gain on record: Rightmove
▼ + stars: | 2023-02-20 | by ( Suban Abdulla | ) www.reuters.com time to read: +3 min

LONDON, Feb 20 (Reuters) - Average asking prices for British residential property rose by just 14 pounds ($17) in February from January, the smallest rise on record for a month which normally sees a big seasonal increase, data from property website Rightmove showed on Monday. Tim Bannister, Rightmove's director of property science, said asking prices usually rose at this time of the year, which marks the start of the spring selling season. Compared with a year earlier, asking prices were still 3.9% higher. Asking prices remaining flat on the month, rather than falling, could be a positive sign for the housing market, suggesting a softer landing than many analysts have forecast, Rightmove said. Since December 2021, British interest rates have risen steeply.

The rise of AI-powered search could transform the internet. If AI-powered search catches on, it will upend the practice of search advertising. Right now, not a lot seems to have changed on the ad landscape, despite the media frenzy around the new AI search tools. Bannister doesn't think AI-powered search will change advertising drastically in the short term, but even small changes can have an impact on business. Sutton is cautiously optimistic though that the addition of AI to search queries on Bing and Google Search won't impact publishers like Gannett, which owns mostly news sites.

☆ Watch CNBC's full interview with Dan Suzuki and Barry Bannister
▼ + stars: | 2023-02-06 | 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 EmailWatch CNBC's full interview with Dan Suzuki and Barry BannisterDan Suzuki, deputy CIO at Richard Bernstein Advisors, and Barry Bannister, chief equity strategist at Stifel, join 'Squawk on the Street' to discuss their thoughts on a recession, the dollar index inching higher, and more.

[1/3] A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. Apple Inc (AAPL.O), which is steadily growing its nascent advertising business and promoting it as privacy-focused, could be a winner if Google ads become less effective, said Brian Mandelbaum, chief executive of marketing firm Attain. With more options besides Google, publishers will have more transparency over how much they can sell ad space for, and could end up paying less in fees, Mandelbaum said. If Google loses access to data signals, advertisers could see their Google ads become less effective, said Nikhil Lai, senior analyst at research firm Forrester. While the lawsuit settled, the fight is credited with opening the way for other internet innovators, like Google itself.

☆ Asking prices for UK homes rise after "mini-budget" shock, Rightmove says
▼ + stars: | 2023-01-16 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

LONDON, Jan 16 (Reuters) - Asking prices for British homes rose for the first time in two months as the housing market showed signs of calming after the turmoil triggered by former prime minister Liz Truss's "mini-budget", property website Rightmove (RMV.L) said on Monday. Asking prices for residential properties increased by 0.9%, or 3,301 pounds ($4,032.50) in the Dec. 4-Jan. 7 period from a month earlier, after a 2.1% fall over the previous month, Rightmove said. However, average asking prices were still 2% below their October 2022 peak. Two- and five-year fixed rates have fallen for a second month to 5.8% and 5.6% respectively, according to data from website Moneyfacts. In annual terms, property prices rose 6.3% in January, up from a rise of 5.6% the month before.

☆ A 'super bear' could send the stock market to new lows in 2023 if commodity prices soar and drive inflation higher, Stifel says
▼ + stars: | 2023-01-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A "super-bear" could send the stock market to new lows later this year if inflation soars again, according to Stifel. "Major S&P 500 'super-bear' downside in 2023 likely pivots on whether commodity prices again soar," Stifel said. Those three stages include disbelief, "which may be the 2022 decline we have seen for commodity prices," Bannister said. The only problem for stock market investors is such a cycle in commodities could take years to play out. That's why investors should closely monitor commodity prices, inflation, and the Fed's response to gauge whether a "super-bear" market is poised to jolt stock prices.

☆ The S&P 500 will gain almost nothing in the next decade, Stifel predicts
▼ + stars: | 2023-01-10 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

He sees the price to earnings ratio of the S & P 500 cut in half over the decade as earnings per share double, leaving the index little changed overall. Stifel forecasts that in 2031, the S & P 500 will be about flat with its Dec. 30, 2021 peak level. Stifel's forecast is that the S & P 500 will reach 4,300 in the first half of 2023, but the investment bank sees the index falling if crude oil rises sharply. One other data point supports modest to no returns in the S & P 500 over the next decade. The S & P 500 relative to commodities fell below its 122-year trend, which usually signals flat returns in the next ten years.

☆ Final farewell: From Sidney Poitier to Pope Emeritus Benedict a look back at the influential figures who died in 2022
▼ + stars: | 2023-01-01 | by ( Associated Press | ) www.nbcnews.com time to read: +55 min

Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.

☆ I am sitting on almost $2.4 billion in cash right now, waiting for this market to turn, says Vance Howard
▼ + stars: | 2022-12-29 | 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 EmailI am sitting on almost $2.4 billion in cash right now, waiting for this market to turn, says Vance HowardVance Howard, CEO & portfolio manager at Howard Capital Management, and Barry Bannister, chief equity strategist at Stifel, join CNBC's ‘Squawk on the Street’ to discuss how they see the market as we move to the new year.

☆ Watch CNBC's full interview with Vance Howard and Barry Bannister
▼ + stars: | 2022-12-29 | 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 EmailWatch CNBC's full interview with Vance Howard and Barry BannisterVance Howard, CEO & portfolio manager at Howard Capital Management, and Barry Bannister, chief equity strategist at Stifel, join CNBC's ‘Squawk on the Street’ to discuss how they see the market as we move to the new year.

☆ UK lenders see 23% slide in mortgages for home-buyers in 2023
▼ + stars: | 2022-12-12 | by ( David Milliken | ) www.reuters.com time to read: +2 min

Trade body UK Finance forecast on Monday that gross mortgage lending for house purchase would fall to 131 billion pounds ($161 billion) in 2023 from 171 billion pounds this year and a peak of 189 billion pounds in 2021, when pandemic-related tax incentives were in force. "Amid challenging times for the UK economy, we expect cost of living pressures and rising interest rates to reduce demand for house purchases," it said. Recent weeks have brought growing signs that British house prices are starting to drop in the face of an incipient recession and higher interest rates. UK Finance noted that many home-owners who bought properties with two-year fixed-rate mortgages last year would soon have to pay much higher interest rates. Last week mortgage lender Halifax reported a 2.3% decline in house prices for November, the largest monthly drop in its data since 2008 and one which reduced the annual house price rise to 4.7% from 8.2%.

☆ The treasury market is screaming recession is coming, says Rockefeller's Chang
▼ + stars: | 2022-11-28 | 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 EmailThe treasury market is screaming recession is coming, says Rockefeller's ChangBarry Bannister, chief equity strategist at Stifel, and Jimmy Chang, Rockefeller Global Family Office CIO, join 'Squawk on the Street' to discuss the bear market rally, the difference in the narrative between treasuries and equities, and more.

☆ Watch CNBC's full interview with Stifel's Barry Bannister and Rockefeller's Chang
▼ + stars: | 2022-11-28 | 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 EmailWatch CNBC's full interview with Stifel's Barry Bannister and Rockefeller's ChangBarry Bannister, chief equity strategist at Stifel, and Jimmy Chang, Rockefeller Global Family Office CIO, join 'Squawk on the Street' to discuss the bear market rally, the difference in the narrative between treasuries and equities, and more.

Jell-O GirlEarly Jell-O advertising depicted women as inept, needing the help of a simple recipe like Jell-O. Jell-O released flavors such as seasoned tomato, celery, mixed vegetable and Italian salad, and Jell-O salads were a colorful way to use leftovers in side dishes. In 1955, the company introduced the slogan “A Jell-O salad makes the meal.”“The Jell-O salad really hits the American sensibility and palate perfectly. Constance Bannister Corp/Getty ImagesBut as more Americans traveled and global cuisines entered the mainstream, the simplicity of Jell-O salads became a downside. “Upscale becomes the new mainstream and Jell-O salads moves into a niche,” Shapiro said.

☆ UK house prices fall as buyers count cost of mini-budget, property website Rightmove says
▼ + stars: | 2022-11-14 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

LONDON, Nov 14 (Reuters) - Asking prices for British residential properties are dropping and there are signs that the fallout from the "mini-budget" bond market rout is weighing on first-time buyers, property website Rightmove said on Monday. Asking prices for homes dropped 1.1%, or by 4,159 pounds ($4,886.41) month-on-month in the Oct. 9 - Nov. 5 period, after a 0.9% rise over the previous month, Rightmove said. But Rightmove said former prime minister Liz Truss’s growth plan, which triggered a steep rise in borrowing costs when it was announced in September, accelerated Britain’s property market slowdown. Rates have since eased back after the announcement of Rishi Sunak as prime minister calmed financial markets. In annual terms, property prices were up 7.2% in November, slowing from a rise of 7.8% the month before.

☆ Watch CNBC's full interview with Wells Fargo's Tracie McMillion and Stifel's Barry Bannister
▼ + stars: | 2022-11-09 | 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 EmailWatch CNBC's full interview with Wells Fargo's Tracie McMillion and Stifel's Barry BannisterTracie McMillion, head of global asset allocation strategy at Wells Fargo Investment Institute, and Barry Bannister, chief equity strategist at Stifel, join 'Squawk on the Street' to discuss if McMillion is excited about equities right now, Bannister's thoughts on Tuesday's midterm elections and if equities will take their cue from the bond market.

☆ You're looking at a choppy market for at least 12 months, says Stifel's Barry Bannister
▼ + stars: | 2022-11-09 | 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 EmailYou're looking at a choppy market for at least 12 months, says Stifel's Barry BannisterTracie McMillion, head of global asset allocation strategy at Wells Fargo Investment Institute, and Barry Bannister, chief equity strategist at Stifel, join 'Squawk on the Street' to discuss if McMillion is excited about equities right now, Bannister's thoughts on Tuesday's midterm elections and if equities will take their cue from the bond market.

Oct 26 (Reuters) - Mark Meadows, Donald Trump's former White House chief of staff, was ordered by a South Carolina judge on Wednesday to testify in a Georgia criminal probe investigating whether the former president and his allies broke the law by trying to overturn the 2020 election, according to media reports. The court hearing took place in Pickens County, South Carolina, where Meadows resides, because the Fulton County grand jury technically needs a local judge to approve witness subpoenas for out-of-state residents. Meadows' lawyer, James Bannister, had argued that the grand jury is civil in nature, not criminal, and thus cannot compel his client's testimony. The grand jury probe has already ensnared a number of inner-circle Trump allies, including his personal lawyer, Rudy Giuliani, who testified before the grand jury in August and has been informed he is a target of the investigation. The petition seeking Meadows' testimony noted that in addition to the Raffensperger call, he also attended a White House meeting in December 2020 with members of Congress to discuss allegations of voter fraud.

☆ Trump White House chief of staff Mark Meadows must testify in Georgia's election meddling probe: judge
▼ + stars: | 2022-10-26 | by ( Warren Rojas | ) www.businessinsider.com time to read: +2 min

A South Carolina judge says Mark Meadows is not immune from testifying in a Georgia grand jury case. Meadows has claimed executive privilege to avoid facing Georgia DA Fani Willis' 2020 election probe. Meadows' lawyer says same defense that's shielded him from the Jan. 6 committee also applies here. Select committee chairman Bennie Thompson told reporters after the panel's last public hearing that the group formally subpoenaed Trump after getting stonewalled by dozens of his personnel. House investigators said more than 30 former Trump aides and allies, including Meadows, have pleaded the Fifth when questioned or simply refused to cooperate with the select committee to date.

☆ Former Trump aide Mark Meadows ordered to testify in Georgia election-meddling probe
▼ + stars: | 2022-10-26 | by ( ) www.cnbc.com time to read: +3 min

A South Carolina judge on Wednesday ordered former Trump White House chief of staff Mark Meadows to comply with a Georgia grand jury subpoena demanding his testimony in a probe into potential criminal meddling in the 2020 presidential election. The order came a day after a lawyer for the former South Carolina congressman Meadows said the subpoena issued by the Fulton County grand jury should be blocked for multiple reasons. The grand jury is investigating efforts by former President Donald Trump and his allies to get Georgia election officials to effectively reverse the victory in that state by President Joe Biden. Georgia authorities had to ask a judge in South Carolina to compel Meadows to comply with the subpoena because he is not a resident of Georgia. He said that South Carolina law related to securing the attendance of witnesses for another state in a criminal proceeding would not apply to the one issued for his client.

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