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☆ Asking prices for UK homes barely rise in October, Rightmove says
▼ + stars: | 2024-10-21 | by ( ) www.cnbc.com time to read: +1 min

Asking prices for British homes rose only marginally in October as more properties came onto the market, according a survey on Monday that also suggested some buyers were waiting for clarity on tax changes in the new government's upcoming budget. Asking prices rose by just 0.3% in October, well below their average for a 1.3% monthly increase for the month, property website Rightmove said. Overall activity in the property market remained strong, with buyer demand rising. "Despite a budget-shaped cloud on the horizon, the big picture still looks positive for the market heading into 2025. Mortgage lenders Halifax and Nationwide both reported rises in house prices in September.

Persons: Rightmove, Tim Bannister, Bannister Organizations: Bank of England, Nationwide Locations: London's Muswell Hill, London, Halifax

☆ Stifel’s Barry Bannister sticks to his bearish market stance
▼ + stars: | 2024-10-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Over the past month, the S & P 500 has climbed 3.2% to break above 5,800 for the first time. "Despite all the soft-landing and Fed rate cut optimism, the S & P 500 up almost 40% y/y has simply over-shot," he wrote in a note to clients. "S & P 500 over-valuation has been supported by (and fully reflects) the Fed likely cutting the real funds rate," he added. This summer, he said he expected the S & P 500 to fall to 5,000 by the fourth quarter. While not included in CNBC Pro's Market Strategist Survey , that forecast would mark Stifel as the second lowest among those surveyed.

Persons: Barry Bannister, Stifel, manias, Bannister Organizations: Federal Reserve, CNBC Pro's, Survey, Citi, Cisco Systems

☆ Market optimism on inflation is 'misleading', says Stifel's Barry Bannister
▼ + stars: | 2024-10-16 | 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 EmailMarket optimism on inflation is 'misleading', says Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, joins CNBC's 'Squawk on the Street' to discuss the economy, his analysis of inflation and rate cuts, and more.

Persons: Stifel's Barry Bannister Barry Bannister

☆ How ‘shoe doping’ changed marathon times forever – in ways we still don’t fully understand
▼ + stars: | 2024-10-12 | by ( Liam Tharme | ) www.nytimes.com time to read: +16 min

This is the story of how the marathon has changed, told by some of the people behind the technological revolution. Marathon running is done individually but succeeds best when athletes work in packs, either with official pacemakers or using each other to share workloads and draft. They put one into a marathon shoe in a 2006 study, got sub-elite athletes to run on treadmills, and found a 1.3 per cent benefit in terms of energy reduction. “We set up at that point (2016), one of the most in-depth and best controlled studies on running shoes. Hoogkamer uses MRI scanners at the University of Massachusetts, which “you can’t really run in.” Some opt for ultrasound devices and others for muscle oxygenation sensors.

Persons: Eliud Kipchoge, Kipchoge, Roger Bannister’s, He’d, Alex Halada, Kelvin Kiptum’s, Paula Radcliffe’s, Tigst Assefa, Peres Jepchirchir, Tim Hutchings, Kenenisa Bekele, Sir Jim Ratcliffe, ”, Maxwell Muttai, Benno Nigg, “, Wouter Hoogkamer, Nike’s, ’, ” Nigg, Hoogkamer isn’t, he’s, it’s, you’re, Marco Tacca, Muttai, They’re, they’re, Nike Vaporfly, Hoogkamer, Liam Tharme, Soh Rui Yong, Molly, “ There’s, Rui Yong, Yong Teck Lim, Soh, “ Asics, Hutchings, —, Mike Marsland Organizations: Breaking2, Getty, London, Research, University of Calgary, Nike, University of Colorado, of Colorado, Athletic, Adidas, University of Massachusetts, New York City Marathon, Sports, Asics, Brands, World Athletics, Formula, Nike Vaporfly Locations: Vienna, Rio de Janeiro, Monza, Nike’s Alphaflys, AFP, Chicago, Berlin, Tokyo, Boston, London, Chicago , New York, supershoes, Paris, Boulder , Colorado, “, Rio

☆ The stock market is headed for a 10% correction as the job market slows and inflation stays sticky, Stifel stock chief says
▼ + stars: | 2024-09-30 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The bank's stock-strategy chief pointed to the slowing job market and the potential for sticky inflation. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe stock market could be headed into an end-of-the-year correction, according to Stifel's Barry Bannister. The slowing job market has already caught the attention of investors, who are watching for signs of continued economic weakness. "It's very hard to justify getting below 3% without a slowdown," Bannister said of interest rates.

Persons: Stifel's Barry Bannister, —, " Bannister, Bannister Organizations: Service, CNBC, Conference, Challenger, Investors, Investor

☆ Wisconsin mayor carts away absentee ballot drop box, says he did nothing wrong
▼ + stars: | 2024-09-25 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

Madison, Wisconsin CNN —The mayor of a central Wisconsin city who ran for office on his opposition to absentee ballot drop boxes said Wednesday he did nothing wrong when he put on work gloves, donned a hard hat and used a dolly to cart away a drop box outside City Hall. Drop boxes were widely used in 2020, fueled by a dramatic increase in absentee voting due to the COVID-19 pandemic. Wausau, with about 40,000 people, was among the cities that did not use an absentee drop box in the August state primary. The Wausau drop box was under video surveillance but had not yet been bolted down. Wausau resident Pamela Bannister, speaking at a city council meeting Tuesday night, called for Diny to apologize and return the drop box.

Persons: Doug Diny, ” Diny, “ I’m, Donald Trump, Trump, Diny, Kaitlyn Bernarde, ” Bernarde, wouldn’t, he’s, “, ”, Anne Jacobson, Pamela Bannister, ” Bannister Organizations: Wisconsin CNN, Wausau, City, Republican Party, Republican, Stanford, MIT, Republicans, The, The Wisconsin Supreme, Wisconsin Elections, City Hall, U.S, Election Locations: Madison, Wisconsin, Hall, Milwaukee County, Waukesha County, Dodge County, Milwaukee, The Wisconsin, Wausau, Marathon County, ” The Wisconsin, City

☆ Investors should be cautious going into the late third and fourth quarter, says Stifel's Bannister
▼ + stars: | 2024-09-25 | 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 EmailInvestors should be cautious going into the late third and fourth quarter, says Stifel's BannisterBarry Bannister, Stifel chief equity strategist, joins CNBC's 'Power Lunch' to discuss market outlooks, where he sees the S&P going, and more.

Persons: Stifel's Bannister Barry Bannister

☆ There's a 12% correction looming for the stock market by the end of the year, Stifel says
▼ + stars: | 2024-09-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. "Our instruments tell us to expect an S&P 500 correction to the very low 5,000s by 4Q24," Bannister said. AdvertisementInvestors should prepare for a sharp and quick correction in the stock market before the end of the year, according to Stifel. In a note on Thursday, chief equity strategist Barry Bannister of Stifel warned that the S&P 500 could trade 12% lower in the fourth quarter. "Our instruments tell us to expect an S&P 500 correction to the very low 5,000s by 4Q24," Bannister said.

Persons: Stifel, Barry Bannister, Bannister, — Organizations: Service

☆ Why the S&P 500 could drop by 10% by the end of 2024 — and 4 trades to cash in on the turbulence
▼ + stars: | 2024-08-23 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDon't expect the stock market's seemingly unstoppable rally to continue through the end of the year, says Stifel's Barry Bannister. "If Russia makes a countermove in Kursk, it would probably be between the election and January," Bannister said. 4 trades to make amid market turbulenceWith the market poised for a turbulent period ahead, Bannister said he prefers defensive value stocks, particularly the healthcare, utilities, consumer staples, and real estate sectors. "Seventy percent of all the outperformance of defensive or value occurs before a recession is actually declared," Bannister said.

Persons: —, Stifel's Barry Bannister, Bannister, — Bannister, there's, Kamala Harris, Donald Trump, Trump, we're Organizations: Service, Business, Federal Reserve, Utilities, Consumer, UCITS Locations: Russia, Kursk, Iran, China

☆ There is risk of a bear market if the slowdown becomes a recession: Stifel's Barry Bannister
▼ + stars: | 2024-08-13 | 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 EmailThere is risk of a bear market if the slowdown becomes a recession: Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk on the Street' to discuss why it might be too soon to jump back into equities, where the S&P 500 will get to later this year, and his inflation concerns.

Persons: Stifel's Barry Bannister Barry Bannister

☆ Don't rush back into the stock market as more pain is coming if the economy keeps slowing, Stifel chief strategist says
▼ + stars: | 2024-08-13 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Stocks are up since last week's sell-off but there's still reason to be cautious, Stifel's Barry Bannister said. He reiterated his expectation for a 10% market correction to push the S&P 500 to 5,000 by October. If the economy keeps slowing and eventually enters a recession, a bear market is imminent as inflation remains sticky, Stifel's chief strategist Barry Bannister said in a Tuesday interview on CNBC. While the Federal Reserve targets a PCE of 2.8%, Bannister expects the central bank to target closer to 3% by the fourth quarter due to persistent housing inflation. Weak GDP, consumption, fixed asset investment and net export data expected in the second half of the year also don't bode well for the economy, Bannister added.

Persons: Stocks, Stifel's Barry Bannister, Bannister, —, Barry Bannister, " Bannister, bode Organizations: Service, CNBC, Federal Reserve

☆ We recommend defensive value amidst market turbulence, says Stifel's Bannister
▼ + stars: | 2024-08-05 | 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 EmailWe recommend defensive value amidst market turbulence, says Stifel's BannisterBarry Bannister, Stifel chief equity strategist, joins 'Money Movers' to discuss whether equity markets are nearing their bottom, whether investors should reallocate their portfolios, and more.

Persons: Stifel's Bannister Barry Bannister

☆ Stifel strategist who called this summer pullback sees correction getting to at least double digits
▼ + stars: | 2024-08-05 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Stifel Financial's Barry Bannister thinks the S & P 500 will see a steep pullback over the next couple of months. Bannister said Stifel's year-end target of 5,000 for the S & P 500 "seems appropriate right now" given the July jobs data and delayed Federal Reserve interest rate cuts. In early June, Bannister said the S & P 500 could drop to approximately 4,750 before the end of the third quarter of this year. The S & P 500 ended last week at 5,346.56. .SPX YTD mountain S & P 500 this year.

Persons: Stifel Financial's Barry Bannister, Bannister, Stifel's, Stifel, we've Organizations: CNBC, Traders

☆ An 89-year-old man runs 50 miles a week. He credits running for his longevity.
▼ + stars: | 2024-07-10 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

"I suppose he's my hero," Barnes told Business Insider. Bannister's accomplishment inspired him to take up competitive running — a sport at which he still excels at 89. The retired legal executive holds three British records in the over-85s category: a mile (8:10.40), 1,500 meters (7:38.41), and 3,000 meters (16:34.42). "These days, I compete against the clock," Barnes said, noting that few people in his age bracket run at a similar level. Advertisement"At my age, you can't expect to win races, so the objective is to win records," Barnes added.

Persons: —, Ian Barnes, Roger Bannister, Barnes, he's, Margaret, She's, He'd, Bannister, weathers Organizations: Service, Business Locations: British, England, London, Barnes, Europe, Britain

☆ There's a mild case of stagflation building into Q3, says Stifel's Barry Bannister
▼ + stars: | 2024-07-01 | 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 EmailThere's a mild case of stagflation building into Q3, says Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk on the Street' to discuss his base case for the markets, why equities won't fall lower than correction territory, and more.

Persons: Stifel's Barry Bannister Barry Bannister

☆ Stocks are set for a 10% correction amid stagflation and no rate cuts in the 2nd half of 2024, Stifel strategist says
▼ + stars: | 2024-06-27 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The economic outlook also looks precarious, given stubborn inflation and slowing growth. AdvertisementThe stock market looks poised for a correction, and a dicey economic and monetary policy environment could cause equities to dive 10%, according to Stifel's chief stock strategist Barry Bannister. Economic growth has been slowing, with GDP expanding by 1.4% in the first quarter, according to the latest revision. Sticky inflation also weighs on the outlook for Fed rate cuts, which poses more bad news for stocks. AdvertisementOther investing veterans have warned stocks are due for a comedown amid lofty valuations.

Persons: Stifel's Barry Bannister, —, Barry Bannister, Bannister —, Bannister, that's, John Hussman Organizations: Service, Yahoo Finance, Fed

☆ Bitcoin's recent weakness signals an imminent S&P 500 correction, according to Stifel
▼ + stars: | 2024-06-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin's recent weakness could be signaling an upcoming correction in stocks, according to Stifel's chief equity analyst Barry Bannister. On Thursday, the S & P 500 briefly touched 5,500 for the first time after notching its most recent record close earlier in the week. "Weakening bitcoin … signals an imminent S & P 500 summer correction and consolidation phase," he said. "With the S & P 500 now at the very high end (2 sigma) of bitcoin post-peak cycle overlays since 2011, we have yet another strong signal that an imminent S & P 500 correction is possible." "Past bubbles since the 19th century indicate the S & P 500 could well rise to ~6,000 at year-end 2024 and then round trip to near where 2024 began five quarters later, by ~1Q26 (S & P 500 ~4,800)."

Persons: Barry Bannister, Bitcoin, Bannister, CNBC's, it's, Stifel Organizations: Nvidia, Nasdaq

☆ Bitcoin is sending a warning that the stock market is about to sell off, Stifel says
▼ + stars: | 2024-06-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Bitcoin's 10% sell-off since June 7 signals a warning for the broader stock market. AdvertisementBitcoin's 10% sell-off since June 7 is sending a warning sign to the broader stock market, according to Stifel strategist Barry Bannister. Bitcoin's inability to hit new record highs suggests the stock market is likely to play catch-up as it's set to decline in line with the cryptocurrency, according to the note. Bannister isn't the only analyst on Wall Street taking stock market cues from bitcoin. AdvertisementAdding to Bannister's conviction of an imminent stock market sell-off is the Federal Reserve, which could keep interest rates higher for longer to combat still-elevated inflation.

Persons: Barry Bannister, Bannister, —, bitcoin, Bannister isn't, Katie Stockton, Stockton, " Bannister Organizations: Nasdaq, Service, Nvidia, Apple, Wall, Fairlead, CNBC, Federal Reserve, Big Tech

☆ S&P 500 hits 31st record close of 2024
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailS&P 500 hits 31st record close of 2024Paul Hickey, Bespoke co-founder, and Barry Bannister, Stifel chief equity strategist, joins 'Closing Bell Overtime' to talk the day's record market action.

Persons: Paul Hickey, Barry Bannister

☆ Watch CNBC's full interview with Bespoke's Paul Hickey and Stifel's Barry Banister
▼ + stars: | 2024-06-18 | 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 Bespoke's Paul Hickey and Stifel's Barry BanisterPaul Hickey, Bespoke co-founder, and Barry Bannister, Stifel chief equity strategist, joins 'Closing Bell Overtime' to talk the day's record market action.

Persons: Bespoke's Paul Hickey, Stifel's Barry Banister Paul Hickey, Barry Bannister

☆ S&P 500 to correct by 10% by end of September, so get defensive, Stifel says
▼ + stars: | 2024-06-04 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Investors should position themselves defensively as the S & P 500 could drop about 10% before the end of September, according to Stifel Financial. That would mark a more than 10% decline from where the S & P 500 finished Monday's trading session. The S & P 500 closed out 2023 at about 4,770. That can, in turn, push the S & P 500 price-to-earnings multiple down by about two points, weighing on the stock market. Discounted for inflation, the S & P 500 is slightly below where it was about two and a half years ago.

Persons: Barry Bannister, Bannister Organizations: Financial, Central, Federal Reserve, Federal

☆ S&P 500 and Nasdaq both notch another record close
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailS&P 500 and Nasdaq both notch another record closeAdam Crisafulli, Vital Knowledge founder, and Barry Bannister, Stifel chief equity strategist, join 'Closing Bell Overtime' to discuss another record day for the markets.

Persons: Adam Crisafulli, Barry Bannister Organizations: Nasdaq, Vital Knowledge

☆ S&P 500 to fall 500 points and getting to 2% inflation soon is 'pipe dream,' Stifel says
▼ + stars: | 2024-05-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Stifel Financial is predicting a rough road ahead for the S & P 500 . The investment bank forecasts the benchmark stock index will tumble about 500 points to 4,750 in the second or third quarter — a correction of roughly 10%. "As a result, the sustained 2% Core PCE inflation the Fed seeks is a pipe dream." Stifel's inflation model shows a jump in core personal consumption expenditures to just over 3% in the second half of this year. The S & P 500 is up about 9.5% year to date.

Persons: Barry Bannister, Bannister Organizations: PCE

☆ The market is recovering from a 'pseudo-recession', says Stifel's Barry Bannister
▼ + stars: | 2024-04-24 | 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 market is recovering from a 'pseudo-recession', says Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk Box' to discuss the latest market trends, why he's cautious on the market this year, the Fed's interest rate outlook, why he favors value over growth stocks, and more.

Persons: Stifel's Barry Bannister Barry Bannister

☆ Bitcoin’s peak could be a harbinger of a stock market top next, Stifel says
▼ + stars: | 2024-04-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

"Bitcoin & Nasdaq 100 reflect the speculative fever fostered by cheap money after dovish Fed pivots, such as occurred 4Q 2023," Bannister said. Shortly after, on March 28, the S & P 500 reached a new intraday all-time high . .SPX YTD mountain S & P 500, YTD If was indeed its peak, that could mean a weaker Nasdaq 100 for six months, Bannister said. Additionally the S & P 500, which is cap weighted, could struggle against the equal-weight S & P 500 for about six months. "When the equal-weighted S & P 500 out-performs the S & P 500, then value tends to out-perform growth," he said.

Persons: Barry Bannister, Bannister, Bitcoin, — CNBC's Michael Bloom Organizations: Big Tech, Nasdaq, Big Tech Nasdaq

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