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☆ Investors count on upward market momentum in the week ahead as earnings rain down
▼ + stars: | 2023-07-14 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Stocks could continue to gain momentum in the week ahead as traders turn their attention to earnings results after the past week's softer inflation news. The major benchmarks are headed for a positive week Friday after encouraging consumer and wholesale inflation in June cemented the likelihood that the Federal Reserve is closer to the end of its rate-hiking campaign. Some market participants expect this period could mark the trough for earnings, and urge traders to pay more attention to forward guidance. "And that's a great sign for the market and market health." ET: NAHB housing market index (July) Earnings: Bank of America , Morgan Stanley , Bank of N.Y. Mellon , Lockheed Martin , PNC Financial , J.B. Hunt Wednesday 8:30 a.m.

Persons: Sage, Rob Williams, Sam Stovall, gee, Stovall, It's, Yung, Yu Ma, MRB, Sage Advisory's Williams, Williams, Morgan Stanley, Wells, Baird's Ross Mayfield, Lockheed Martin, Baker Hughes, Goldman Sachs, Kinder Morgan, Equifax, Johnson Organizations: Federal Reserve, Traders, Reserve, Open, BMO Wealth Management's, MRB Partners, Bank of America, JPMorgan Chase, Investors, Bank, N.Y, Mellon, Lockheed, PNC Financial, J.B, Hunt, Housing, Nasdaq, Citizens Financial, Halliburton, Las Vegas Sands, IBM, Tesla, Netflix, American Airlines, United Airlines, CSX, Comerica, PPG, Roper Technologies, American Locations: Wells Fargo, Silicon Valley, Las Vegas, Horton

☆ A couple in their 30s that hit a net worth of $1 million have more than 95% of their stock portfolio invested in 3 index funds and the rest in one individual stock. Take a look at their portfolio.
▼ + stars: | 2023-07-13 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Once they were debt-free, they went all-in on index funds. But once they were debt-free and in the position to start investing, they went all-in on index funds. He selected three specific index funds to invest in: the Vanguard Total Stock Market Index Fund (VTSAX), the Vanguard Total International Stock Index Fund (VTIAX), and the Vanguard Emerging Markets Stock Index Fund (VEMAX). Courtesy of Brennan and Erin SchlagbaumMore than 95% of his and Erin's stock market money is in one of these three funds. There are three things that wealthy people invest in: the stock market, business, and real estate.

Persons: Brennan, Erin Schlagbaum, That's, He's, Brennan Schlagbaum, Schlagbaum, it's, Crypto, Brennan Schlagbaum Schlagbaum Organizations: CPA, Market Index, Vanguard, Index, SEC Locations: Arlington , Texas, Texas

About Ally Invest Robo PortfoliosAlly Invest Robo Portfolios is an Ally Financial-affiliated automated account offering investing without fees for US residents. Ally Invest Robo Portfolios FeesAlly Invest Robo Portfolios doesn't charge trading fees, advisory fees, annual fees, or rebalancing. Methodology: How We Reviewed Ally Invest Robo PortfoliosAlly Invest Robo Portfolios is a robo-advisor that was reviewed using Personal Finance Insider's rating methodology for investing platforms. How Ally Invest Robo Portfolio ComparesAlly Invest Robo Portfolios vs. Fidelity GoIf you're a hands-off investor in search of automated portfolio management, Ally Invest Robo Portfolios and Fidelity Go are both popular robo-advisors. Ally Invest Robo Portfolios vs. Schwab Intelligent PortfoliosAlly Invest Robo Portfolios and Charles Schwab's most basic automated account, Charles Schwab Intelligent Portfolios, both offer competitive automated investing services.

Persons: Ally, Ally Invest's, Ally Invest, it's, It's, you'll, Roth, Charles Schwab, Schwab, Charles Schwab's, brokerages, Rickie Houston, Rickie, He's, Read, Elias Shaya, Elias, Tessa Campbell Organizations: Reading Chevron, Financial, Ally Invest, Better, Bureau, BBB, Financial Inc, Invest, IRS, Roth IRA, Investment, Vanguard, Fidelity, Finance, Schwab, Business, Boston Globe, Yahoo News, Boston University, Boston University News Service, CUNY College of, New York Presbyterian Hospital Locations: New York City, CUNY College of Staten Island, Lebanon

☆ These ETFs can help scratch the 'FOMO' itch without adding too much risk
▼ + stars: | 2023-07-12 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The Invesco QQQ Trust (QQQ) , which has even heavier exposure to Big Tech names, has brought in $5.8 billion of its own. "It's not really the overconcentration in the big names that worries me. It's actually the concentration in the big names compared to their earnings contribution," said Oktay Kavrak, director of communications and strategy at Leverage Shares. Whether you're passive or active, you probably have enough exposure to Nvidia and Apple and Microsoft," said Todd Sohn, ETF strategist at Strategas. There's a whiff of it, a scent of it," Sohn said, pointing out that money market funds attracted more cash than equity funds last week.

Persons: Matthew Bartolini, Bartolini, It's, Oktay Kavrak, Todd Sohn, . Sohn, Kavrak, Sohn, Cathie Wood's Organizations: Vanguard, Big Tech, SPDR, Street Global Advisors, Microsoft, Nvidia, Nasdaq, RSP, Apple, Trust, Technology, Index, Fund, The Vanguard FTSE Locations: SPDR Americas, Europe

☆ Two ETF experts reveal their top tech and A.I. plays for 2023's second half
▼ + stars: | 2023-07-08 | by ( Lina Hassen | ) www.cnbc.com time to read: +2 min

ETF experts Todd Sohn and VettaFi's Dave Nadig believe a second winning half is in store for technology and artificial intelligence plays. Sohn, Strategas' ETF and technical strategist, particularly likes Roundhill Generative AI and Technology ETF (CHAT). "What I like about [CHAT] is that it's actively managed," Sohn told CNBC's "ETF Edge" this week. Sohn also recommends Global X Robotics & Artificial Intelligence ETF (BOTZ) for those interested in introducing more industrials into their portfolio. "I like [BOTZ] if you want to get away from tech because you already have tech exposure in your portfolio.

Persons: Todd Sohn, Dave Nadig, Sohn, it's, CNBC's, Nadig, you've Organizations: Technology, Robotics, Intelligence, Microsoft, Apple, Nvidia, RSP, JPMorgan

Tech stocks led the way higher for the market in the first half. Bank of America expects other names to join in on the rally during the second half. The first half of 2023 was the best for the S & P 500 since 2019, surging 15.9%. Only 25% of stocks outperformed the broader market index, according to Savita Subramanian, the bank's head of U.S. and quantitative strategy. The Invesco S & P 500 Equal Weight ETF (RSP) , which tracks a version of the S & P 500 in which stocks are weight equally rather than by market cap, is up just 5% year to date.

Persons: Dow Jones, Savita Subramanian, Subramanian, CNBC's Michael Bloom Organizations: Bank of America, Dow, RSP Locations: St

☆ These sectors outperformed in the first half. How analysts are playing them for the rest of 2023
▼ + stars: | 2023-06-30 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 is closing out a strong first half thanks in large part to three sectors. The broader market index is up more than 15% year to date, on track for its best first half since 2019. The bulk of those gains came from three sectors — tech, consumer discretionary and communication services — which are up more than 30% each. Given this backdrop, CNBC Pro used FactSet data to screen the top three performing sectors to find which names analysts expect to outperform in the second half. Earlier this week, KeyBanc downgraded the stock to sector weight from overweight, citing concerns at multiple of the company's divisions .

Persons: Disney, KeyBanc, Bank of America's Jessica Reif Ehrlich, Ehrlich, Goldman Sachs, Brian Lee, it's, Lee, SolarEdge, — CNBC's Michael Bloom Organizations: Nvidia, CNBC Pro, Bank of America's, Disney, SolarEdge Technologies, Caesars Entertainment, Vegas Sands, MGM Resorts Locations: Vegas

☆ Tech IPO drought reaches 18 months despite Nasdaq's sharp rebound in first half of 2023
▼ + stars: | 2023-06-29 | by ( Ari Levy | ) www.cnbc.com time to read: +12 min

Despite a bloated pipeline of companies waiting to go public and a rebound in tech stocks that pushed the Nasdaq up 30% in the first half of 2023, the IPO drought continues. Last Friday, Israeli beauty and tech company Oddity, which runs the Il Makiage and Spoiled Child brands, filed to go public on the Nasdaq. "You can make 15%-20% in the stock market but lose 15%-20%." "I think that’s done some harm to the traditional IPO market." With the public market still pretty closed, they're asking for alternatives."

Persons: Karl, Josef Hildenbrand, Turo, Reddit, hasn't, aren't, Lise Buyer, Buyer, Goldman Sachs, May, Shannon Stapleton, Jake Dollarhide, Dollarhide, Airbnb, they've, Instacart, Byron Deeter, Deeter, Larry Aschebrook, Aschebrook Organizations: AFP, Getty, Nasdaq, V, New York Stock Exchange, Apple, Nvidia, Coinbase Global Inc, Reuters Bankers, CNBC, Federal Reserve, Longbow Asset Management, Facebook, Clover Health, Venture, Companies, Bessemer Venture Partners, doesn't, Employees, Spotify Locations: U.S, Portola Valley , California, Cava, New York, Pinterest

☆ Stock futures are little changed as investors await key inflation data: Live updates
▼ + stars: | 2023-06-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

U.S. equity futures were little changed on Thursday evening as investors awaited the latest data on personal consumption expenditures, the Federal Reserve's favored inflation gauge. S&P 500 futures ticked lower by 0.03%, and Nasdaq 100 futures were just above the flat line. For June: The S&P 500 has gained 5.18% and is on pace for its best monthly performance since January. For the second quarter: The S&P 500 has risen 6.99% and is tracking for a third straight quarter of gains. For year to date and the first half: The S&P 500 has popped 14.51%, and it's heading for its best first half since 2018.

Persons: Dow, it's Organizations: New York Stock Exchange, Federal, Dow Jones, Nasdaq, Dow

☆ These are analysts' favorite S&P 500 stocks heading into the second half
▼ + stars: | 2023-06-28 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

It's been a stellar first half for the S & P 500 , and some stocks in the index may be poised for rallies in the back end of the year. The S & P 500 ended Tuesday's session at 4,378.41. The stocks are all S & P 500 members and have buy ratings from at least 65% of analysts. .SPX YTD mountain The S & P 500, year to date Targa Resources is the most-liked stock on the list, with just under 90% of analysts holding buy ratings. It's the only stock on this list with a positive year-to-date performance, though it has still notably underperformed the broad S & P 500 .

Persons: It's, Wells, Timothy Daley, Daley, Ron DeSantis, — CNBC's Michael Bloom, Fred Imbert, Gina Francolla Organizations: CNBC, CNBC Pro, Rad Laboratories, Rad, Resources, Florida Gov, Disney

☆ Forge Global CEO: The private market index is trading up for the first time in two years
▼ + stars: | 2023-06-23 | 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 EmailForge Global CEO: The private market index is trading up for the first time in two yearsForge Global CEO Kelly Rodriques joins 'The Exchange' to discuss growing momentum in the IPO market, secondary markets for investment into private companies, and late-stage private market valuations.

Persons: Kelly Rodriques Organizations: Forge, Global

☆ Tesla returns to S&P 500 ESG index with more environmental disclosures
▼ + stars: | 2023-06-21 | by ( Ross Kerber | ) www.reuters.com time to read: +2 min

REUTERS/Mike BlakeJune 21 (Reuters) - Tesla Inc (TSLA.O) has returned to the S&P 500 ESG index, the sustainable investing-focused market index, after the electric car maker added environmental disclosures. The re-inclusion of Tesla is largely symbolic because only about $8 billion in assets track the S&P 500 ESG index, a tiny fraction of the $15.6 trillion in assets that track the S&P 500 index, according to its provider, part of S&P Global (SPGI.N). Tesla was among 39 companies added to the S&P 500 ESG index effective May 1 as part of an annual rebalancing. Other companies added included Chevron (CVX.N) and Fox (FOXA.O), while 23 companies were removed including Exxon (XOM.N) and Oracle (ORCL.N). S&P said it has a review underway that "relates to racial discrimination in Tesla factories," which could impact future scores.

Persons: Mike Blake, Tesla, Elon Musk, Todd Rosenbluth, Ross Kerber, Lisa Shumaker Organizations: Tesla, REUTERS, Tesla Inc, P, Chevron, Fox, Exxon, Oracle, Thomson Locations: Long Beach , California, U.S

☆ The stock market rally is being driven by FOMO with more upside likely, but there's a looming risk ahead, Bank of America says
▼ + stars: | 2023-06-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A FOMO rally has taken over the stock market, and there could be more upside ahead, according to Bank of America. BofA expects the S&P 500 to rally into the 4,500 range after it broke above resistance. "The S&P 500 cleared 4,200 in early June to break out from a 4-month bullish cup and handle. "We view the breakout above 4,200 on the S&P 500 as a FOMO rally. Decisive breakouts above those levels would add credibility to the current stock market rally and help Suttmeier's case for more upside ahead.

Persons: BofA, —, Stephen Suttmeier, Suttmeier, Russell, Dow Jones Organizations: Bank of America, Service, Nasdaq, Dow, NYSE

☆ Morning Bid: Powell patter, UK shock, FedEx warning
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike DolanThe Fed chair has a tricky message to communicate. Powell's colleagues on Tuesday stressed again they would stay the course until inflation is back to its 2% target. UK inflation defied expectations of a slowdown and held at 8.7% in May, while 'core' inflation jumped above 7% for the first time since 1992. In corporate news, FedEx FDX.N shares dropped almost 3% overnight after a profit warning. Events to watch for later on Wednesday:* Federal Reserve Chair Jerome Powell testifies to House Financial Affairs Committee.

Persons: Mike Dolan, Jerome Powell's, rationalises, Powell's, Treasuries, BoE, Sterling recoiled, Rivian, Jerome Powell, Adrian Kugler, Philip Jefferson's, Lisa Cook, Austan Goolsbee, Loretta Mester, Christina Fincher Organizations: Federal Reserve, National Association of Home Builders, Bank of, FedEx FDX.N, Rivals Rivian, European, Financial, Fed Board, Chicago Fed, Cleveland Fed, Treasury, Reuters Graphics Reuters, Reuters, Thomson Locations: U.S, Wells Fargo, Britain, Bank of England, China

☆ A rolling recession in the economy is turning into a rolling recovery that should help limit downside in the stock market
▼ + stars: | 2023-06-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A rolling recession in the economy has turned into a rolling expansion, according to market veteran Ed Yardeni. He said the resilience of underlying sectors of the economy should help limit stock market downside. Now, that rolling recession is turning into a rolling expansion across that should help boost the ongoing economic recovery and help limit any potential downside in the stock market, market veteran Ed Yardeni said in a Tuesday note. "What happens after a rolling recession? Perhaps a rolling expansion as the economic sectors that fell into a recession recover," he said.

Persons: Ed Yardeni, —, Yardeni Organizations: Service, Federal Reserve, National Association of Home Builders, Atlanta Fed, Atlanta Locations: Wells Fargo

☆ US home construction surged in May by the fastest pace in more than a year
▼ + stars: | 2023-06-20 | by ( Anna Bahney | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —US home building surged in May, climbing 21.7% from April, as low inventory in the existing home market continued to boost interest in new homes. Housing starts, a measure of new home construction, came in far beyond expectations that they would decline by 0.1%, according to data released Tuesday by the Census Bureau. The number of single‐family units rose in May to 1.631 million, above expectations for 1.40 million and above the revised April estimate of 1.34 million. Building permits, which track the number of new housing units granted permits, also rose in May, after dropping in March and April. The National Association of Home Builders/Wells Fargo Housing Market Index gauges market conditions and looks at current sales, buyer traffic and the outlook for sales of new construction homes over the next six months.

Persons: ”, Robert Dietz, ” Dietz, Alicia Huey Organizations: DC CNN, Housing, Census, National Association of Home Builders, Federal Reserve Locations: Washington, Wells Fargo

☆ New US home construction surges by most in 3 decades in May
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +3 min

Housing starts rose to a seasonally adjusted annual rate of 1.631 million units last month from April's downwardly revised 1.34 million, the Commerce Department said on Tuesday. May's rate was the highest since April 2022, which was then the highest since 2006. Starts rose by double-digit margins in the South, Midwest and West while declining by nearly 19% in the Northeast. Permits for future construction, for instance, rose 5.2% to the highest since October at 1.491 million units, led by a 27.1% surge in the Northeast. Permits for single-family projects rose 4.8% while multi-family were up 7.8%.

Persons: April's, Ben Ayers, Alicia Huey, Dan Burns, Conor Humphries, Andrea Ricci Organizations: Federal Reserve, Housing, April's downwardly, Commerce Department, Reuters, Nationwide, National Association of Home Builders, Mortgage, Association, Thomson Locations: South, Midwest, West, Wells Fargo

☆ Morning Bid: Ready for more rate hikes, and one cut
▼ + stars: | 2023-06-19 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

June 19 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been predictably subdued in Asia as a U.S. holiday provides a convenient excuse for stocks to consolidate recent hefty gains before a bevy of central bank meetings this week. Most indices are down, with the Nikkei off modestly having climbed 22% over a 10-week streak to hit 33-year highs. The coming week is also jammed with central bank action, led by China on Tuesday where prime loan rates are expected to be cut by 10 basis points. Futures seem unimpressed with just 21 basis points of tightening priced in by September, though one final hike in July is rated as a decent 70% chance.

Persons: Wayne Cole, It's, Antony Blinken's, deigned, Kazuo Ueda, Jerome Powell, Isabel Schnabel, Luis de Guindos, Philip Lane, Sam Holmes Organizations: Nikkei, NASDAQ, Bank of Japan, Federal, Bank of, ECB, Thomson Locations: Wayne, Asia, U.S, Beijing, China, Bank of England, Norway, Switzerland

☆ Here's our internal debate about what to do with stocks making all-time highs
▼ + stars: | 2023-06-16 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

All of the following stocks hit all-time price highs Friday, except for Meta Platforms (META), which was a multiyear high. Apple P/E next 12 months (NTM) ratio: 29x 5 year Average P/E (NTM): 22.7x PEG (NTM) ratio: 2.9x 5 year average PEG (NTM) Ratio: 1.9x Apple 's (AAPL) valuation has gotten stretched in recent weeks, even when factoring in growth expectations. Meta Platforms P/E (NTM) ratio: 21.4x 5 year Average P/E (NTM): 21.2x PEG (NTM) ratio: 1.6x 5 year average PEG (NTM) Ratio: 2.2x Meta has been on an incredible run. Microsoft P/E (NTM) ratio: 31.7x 5 year Average P/E (NTM): 27.7x PEG (NTM) ratio: 2.5x 5 year average PEG (NTM) ratio: 2.1x Microsoft's run has seen its earnings-based valuation (P/E) expand, even when adjusting for growth (PEG). NVDA YTD mountain Nvidia YTD performance Nvidia has a history of beating estimates and ending up cheaper in hindsight.

Persons: Jim Cramer, Jim, we've, Rather, Eli Lilly P, Eli Lilly's, Eli Lilly YTD, Lilly, we're, Eli Lilly, Jim Cramer's, Michael Nagle Organizations: Nasdaq, Nvidia, Meta, Apple, UBS, Credit Suisse, Mounjaro, Microsoft, Palo Alto Networks, CNBC, Bloomberg, Getty Locations: —, Palo

☆ These early retirement advocates quit their jobs with plenty of money in the bank. Here are their tips for becoming financially independent
▼ + stars: | 2023-06-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Moyo Studio | E+ | Getty ImagesSaving enough money to comfortably retire later in life may seem like a daunting, out-of-reach goal. The FIRE movement — which stands for Financial Independence, Retire Early — is built on the idea that handling your money super efficiently can help you reach financial freedom earlier. Boost your savings rateToday, the average savings rate in the U.S. hovers around 2% to 5%, Sabatier noted. But by saving about 50% of your income, the average person can reach financial independence in 10 years or less, Sabatier said. Reduce your cost of livingTo achieve a high savings rate, you need to reduce your living costs.

Persons: Grant Sabatier, Alex Trias, Sabatier, Trias, It's Organizations: Financial Independence, CNBC's, D.C Locations: Portugal, U.S, Washington

☆ Stock futures are little changed after Fed skips rate hike but indicates more ahead: Live updates
▼ + stars: | 2023-06-14 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

U.S. stock futures were roughly flat after the Federal Reserve skipped a rate hike at its meeting that ended Wednesday, but signaled two more rate hikes may still be in store later this year. Dow Jones Industrial Average futures rose by 2 points, or 0.01%. S&P 500 and Nasdaq-100 futures climbed 0.07% and 0.11%, respectively. Earlier Wednesday, the broad market index and the Nasdaq Composite both reached their highest levels since April 2022. Kroger, Jabil and John Wiley are scheduled to announce earnings Thursday morning, with Adobe reporting after the close.

Persons: Jerome Powell, Chris Zaccarelli, Marty Green, Jabil, John Wiley Organizations: Federal Reserve, Dow Jones Industrial, Nasdaq, Dow Jones, Federal, Independent, Alliance, Fed, Philadelphia, Kroger, Adobe

While Wall Street debates whether the S & P 500 is truly out of a bear market, these individual stocks are in bull market territory. CNBC Pro screened for the stocks in a true bull market that fall under the following criteria: S & P 500 or Russell 1000 member. Made a new 52-week high Tuesday. Shares have gained more than 10% in 2023 and may rally an additional 7.6%, according to its average price target. The stock's average price target suggests shares could rally 18.6% from Tuesday's close.

Persons: hasn't, Russell, — CNBC's Michael Bloom Organizations: CNBC Pro, Apple, Semiconductor, Applied Materials, Semiconductors, Materials, Walmart Locations: Tuesday's

The S & P 500 's recent rally has many investors convinced the bear market is drawing to a close, but Citi's Scott Chronert isn't convinced. Chronert, U.S. equity strategist at Citi, isn't buying the rally. He is maintaining his full-year S & P 500 target of 4,000 as he forecasts a pullback in the second half of 2023. According to CNBC Pro's Market Strategist Survey , Barclays, Morgan Stanley and UBS are forecasting the broad market index to fall below 4,000 at year-end. His base case for the S & P 500 forecasts a mid-year 2024 target of 4,400.

Persons: Citi's Scott Chronert isn't, Morgan Stanley, Chronert, — CNBC's Michael Bloom Organizations: Citi, CNBC Pro's, Survey, Barclays, UBS Locations: U.S

☆ The history of cyclical bull markets suggests the S&P 500 could rise to 4,900 by next summer
▼ + stars: | 2023-06-12 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

If history is any guide, the S & P 500 could climb to 4,900 by next summer, Bank of America says. The S & P 500 closed Friday at 4,298.86, and has breached the 4,300 level during trading on Monday. However, history suggests these cyclical bull markets could continue for some time. Meanwhile, one year after the S & P 500 enters a bull market, the index was higher a majority of the time. For investors, that could mean the S & P 500 could rally as high as 4900 by next summer, the strategist said.

Persons: Stephen Suttmeier, Suttmeier Organizations: Bank of America

☆ Why the new bull market is headed for more Fed stress after a rate hike pause
▼ + stars: | 2023-06-11 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +10 min

And even if the Fed does pause, Ferguson says it doesn't mean that more rate hikes aren't coming over the rest of the year. He isn't alone in the view that a Fed pause won't last long. This view is underpinned by, among other things, a labor market that continues to be tight. Others see recent cooling the labor market as a signal the Fed may soon have more need to moderate its rate hike strategy. "The broad picture here is the labor market is cooling in a sustainable way.

Persons: Savita Subramanian, Roger Ferguson, That's, Ferguson, CNBC's, isn't, Michelle Girard, Steve Liesman, Dennis Lockhart, Lockhart, Fed's, Jerome Powell, Brendan McDermid, — Ferguson, Wharton, Jeremy Siegel, Siegel, Jerome Powell's, Rucha Vankudre, Nick Bunker, Bunker, Goldman Sachs, David Solomon —, Solomon, Goldman, Frederic Mishkin, it's, Mishkin, we've Organizations: Federal Reserve, Dow Jones, NASDAQ, Bank of America, Fed, NatWest Markets, Atlanta Fed, Traders, New York Stock Exchange, CNBC, Conference Board, Labor, Lightcast, Former Fed, Bank of Canada, Reserve Bank of Australia Locations: U.S

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