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Top related persons:
Andrew Garthwaite - 2 Garthwaite - 2 Dow - 1 Garthwaite's - 1 Goldman Sachs - 1 Oppenheimer - 1 Moody's - 1 CNBC's Michael Bloom - 1
Top related locs:
Japan U.S
Top related orgs:
UBS - 1 Equity - 1 PPI - 1 Dow Jones - 1 Nasdaq - 1 Nvidia - 1 Credit Suisse - 1 Global - 1

Search resuls for: "Garthwaite's"


2 mentions found


☆ Notable UBS strategist Garthwaite sees stocks ending 2024 flat as 'difficult phase' approaches
  + stars: | 2024-02-26 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Equity strategist Andrew Garthwaite warned investors could be in for a "difficult phase" and end the year flat. The S & P 500 and Dow Jones Industrial Average reached record highs last week, with the former breaking above 5,100 for the first time on an intraday basis. The S & P 500 and Nasdaq are both up more than 6% this year, and the Dow has climbed 3.8%. Garthwaite admitted his downbeat outlook could be wrong, as productivity gains from AI could lead to a 15% to 20% advance for the S & P 500. Market breadth is also typically better when stocks reach new highs, according to Garthwaite.
Persons: Andrew Garthwaite, Dow, Garthwaite Organizations: UBS, Equity, PPI, Dow Jones, Nasdaq, Nvidia Locations: Japan
☆ Credit Suisse's top market strategist says recession is still coming and stocks may have peaked
  + stars: | 2023-08-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +2 min
The U.S. economy is still likely to fall into a recession and that will soon drag down stocks, according to Credit Suisse. The S & P 500 closed at its highest level of the year July 31, at 4,588.96. .SPX YTD mountain The S & P 500 has slipped off its highs of the year in August. Some major investment banks, including Goldman Sachs , have recently reduced the odds of a recession, while Oppenheimer hiked its S & P 500 target to 4,900. Still, there are areas of concern that support Credit Suisse's recession case.
Persons: Andrew Garthwaite, Garthwaite, Garthwaite's, Goldman Sachs, Oppenheimer, Moody's, CNBC's Michael Bloom Organizations: Credit Suisse, Global Locations: U.S
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