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☆ Hollywood's secret weapon is an independent animation studio called Titmouse
▼ + stars: | 2024-09-14 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

Amazon Prime Video's "The Legend of Vox Machina" is one of the many shows using animation from independent studio Titmouse Animation. Amazon StudiosThere's a powerhouse in the entertainment industry that remains unknown to many casual cartoon viewers — it's called Titmouse Animation. Titmouse worked on Disney's "Star Wars Galaxy of Adventures," a series of animated shorts set in the Star Wars universe. "When we were looking at animation studios, Chris [Prynoski] made it really clear that Titmouse wanted to get into prime-time-style adult animation and that their No. Netflix's "Big Mouth" was produced through Titmouse's animation studio.

Persons: it's, haven't, you've, Chris Prynoski, doesn't, Titmouse, Prynoski, we've, Chris, Shannon Prynoski, Daria, Beavis, Ben Kalina, they've, Kalina, Andrew Goldberg Organizations: Amazon, Amazon Studios, Netflix, Paramount, Hollywood, Disney, Universal, MTV, Cartoon Network, MTV Animation, Wars Galaxy, Star Wars, Warner Bros

☆ Jeep CEO enacts turnaround plan after significant sales declines
▼ + stars: | 2024-09-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Nonetheless, Jeep CEO Antonio Filosa believes the brand's worst days are behind it and it's still possible to achieve the 1 million sales target. Jeep salesFilosa said Jeep, which reports sales quarterly, saw U.S. sales rise last month: They were up 28% from August 2023 and 55% from July. The New York Stock Exchange welcomes The Jeep Brand (NYSE: STLA) to the podium, on May 31, 2024. Ahead of such vehicles, Jeep has increased its media spending by 20% compared with the first half of the year, according to the automaker. 2024 Jeep Wagoneer S EV Jeep

Persons: Michael Wayland, Antonio Filosa, Filosa, Cox, Filosa's, Carlos Tavares, Stellantis, Jeep, Lynn Martin, Tavares, Bob Broderdorf, Nathan Laine Organizations: CNBC DETROIT, Jeep, Cherokee, Cox Automotive, CNBC, Council, New York Stock Exchange, Brand, NYSE Group, NYSE, Fiat Chrysler, France's PSA Groupe, Paris, Bloomberg, Getty, U.S, EV Locations: U.S, American

☆ This volatility-resistant area of the stock market is ripe for outperformance after two decades of decline, according to Bank of America
▼ + stars: | 2024-09-11 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

According to Bank of America, one area of the market is set to benefit from increased market volatility: quality stocks, or stocks with strong business models and financial fundamentals. And the cherry on top is that quality stocks — which typically become expensive during downturns — are still cheap despite their recent rally, coming out of a two-decade rut. As seen in the graph below, the high-quality factor serves as a hedge against elevated market volatility. Bank of AmericaQuality is still cheapLuckily for investors, this safe-haven area of the stock market is trading at an attractive valuation. Bank of AmericaWhile quality stocks have recently re-rated to a slight premium, they're still reasonably priced, according to Bank of America.

Persons: —, Subramanian, Financials, Schwab Organizations: Service, Bank of America, Business, PMI, Investors, of, Companies, Equity Locations: of America's

☆ Nvidia is suddenly in trouble
▼ + stars: | 2024-09-04 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

CNN —Nvidia, the AI chipmaking titan that was briefly the world’s most valuable company, has suddenly found itself in an unfamiliar position: a major rut. Nvidia (NVDA) had the worst day in the history of the stock market Tuesday, as measured by loss in total market value. To put that shocking decline into context, only 27 companies on the planet are worth as much as Nvidia lost in value Tuesday. That’s why bulls like Wedbush’s Dan Ives believe Nvidia’s stock decline presents a buying opportunity. – CNN’s Ramishah Maruf contributed to this reportCorrection: Correction: An earlier version of this story incorrectly described TSMC's relationship with Nvidia.

Persons: Jensen Huang, ”, Biden, Kamala Harris, Donald Trump, Huang, Blackwell, “, ” Huang, Wedbush’s Dan Ives, ” Ives, –, Ramishah Maruf Organizations: CNN, Nvidia, Meta, McDonald’s, Chevron, Pepsi, BlackRock, Microsoft, Intel, US Justice Department, Bloomberg, Department of Justice, Justice Department, US Department of Justice, titans, Apple, Google, Nasdaq

☆ I'm training for my first marathon and am scared of 'hitting the wall.' An expert told me how to avoid burnout.
▼ + stars: | 2024-08-23 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

I've never hit the wall before, but I've met enough marathon runners to know its lore. McDowell shared a few things marathon runners can do before and during the race to hop over that wall. "When you're training for a marathon, you want to be training your eating and drinking as well as your running," McDowell said. Most marathon runners do this with supplements, which come in various forms, from gels to chews. She said most marathon runners — especially first-timers — walk at least part of the race.

Persons: —, I've, Milica McDowell, McDowell Organizations: Service, New York City, Business, Gatorade

☆ Russia is barely using one of its best weapons against Ukrainian forces in Kursk because it's scared to hit itself, war expert says
▼ + stars: | 2024-08-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +6 min

Russia has increasingly fired glide bombs at Ukrainian territory in its invasion of the country. AdvertisementBut Russia has not been using the bombs at the same scale against Ukrainian forces that crossed the border into Russia earlier this month. Russia used 750 glide bombs on Ukrainian cities and villages last week alone, according to Ukrainian President Volodymyr Zelenskyy Sunday. It's also fewer than the 50 glide bombs Russia has reportedly been firing daily into Ukraine's Sumy region, which neighbors Kursk. But these were relatively isolated incidents rather than something that was happening as a result of a new strategy, such as using glide bombs in Kursk.

Persons: —, Mark Cancian, Russia hasn't, that's, Cancian, REUTERS Cancian, Volodymyr Zelenskyy, It's, Scott Peterson, Rajan Menon, Columbia University's, George Barros, Barros, Zelenskyy, it's Organizations: Service, Ukrainian, Business, Russian Defense Ministry Press, Marine, Center for Strategic, International Studies, NATO, 95th Air Assault Brigade, REUTERS, Columbia, Columbia University's Saltzman Institute of War, Peace Studies, Russian Ministry of Defence, Russian Ministry of Defense Locations: Russia, Russian, Kursk, Ukrainian, Malaya Loknya, Russia's Kursk Region, Ukraine, Ukraine's Sumy, Petropavlivka

☆ Three Disney films could top $1 billion this year after box office rut
▼ + stars: | 2024-08-08 | by ( Sarah Whitten | Whitten Is A Social Media Writer For Cnbc. | ) www.nbcnews.com time to read: +8 min

After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. And the box office hits aren’t expected to stop there. Disney has long been a box office champion, driving significant ticket sales domestically and globally. In the year before the pandemic, Disney had seven theatrical releases top $1 billion at the box office.

Persons: Disney, ” —, ”, Paul Dergarabedian, bemoaned, Shawn Robbins, We’re, Bob Iger, Covid lockdowns, Iger, Disney’s, Riley, ” Iger, Wednesday’s, ‘, ’, America, we’re, Romulus ” “, King, Moana, Robbins, “ Organizations: Pixar, Disney, Comscore, Star, Marvel, Century Fox, Sony, Star Wars, Lucasfilm Locations: ”, Comscore, Anaheim , California

☆ Small cap Russell 2000 posts 10% gain in July, trouncing other indexes
▼ + stars: | 2024-08-01 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Wall Street ended July with a bang that turned a volatile month into a winner. The Russell 2000 soared 10.1% in July, its biggest one-month gain since December. .RUT YTD mountain Russell 2000, year-to-date Bank of America thinks this "pain trade" will continue as a new month of trading kicks off. Among the big analyst calls on Wall Street this morning, Morgan Stanley upgraded GE Vernova to overweight from equal weight. "We believe we are at the early stages of a multi-decade energy transition investment cycle that will require significant capital investment in gas power, renewables, and grid expansion/enhancement.

Persons: Russell, Savita Subramanian, Morgan Stanley, Andrew Percoco Organizations: Nasdaq, Nvidia, Bank of America, GE

☆ Investors' hope for a smooth market rotation to new bull leaders ruined Thursday
▼ + stars: | 2024-08-01 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The new market theory was that investors would sell some of their high-flying technology winners and buy small cap laggards primed for a comeback when the Federal Reserve begins cutting rates. But on Thursday, the tech-heavy Nasdaq Composite lost more than 2% , and the Russell 2000 small-cap benchmark lost even more. "If you look in small caps, they don't have their earnings follow through. The senior global market strategist said he's unfavorable on small caps as the stocks lack strong fundamentals and many fail to generate a profit. The Russell 2000 Index of small-cap stocks gained 10.10% in July, posted its best monthly performance since December 2023, when it gained 12.05%.

Persons: Russell, Phillip Colmar, Sameer Samana, it's Organizations: Federal Reserve, Nasdaq, Partners, Wells Locations: Colmar, Wells Fargo, Samana

☆ Tom Lee says the rotation out of large caps is just beginning, small caps to surge 15% in August
▼ + stars: | 2024-07-25 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The S & P 500 and Nasdaq Composite suffered their biggest one-day losses since late 2022, dropping 2.3% and 3.6%, respectively. The small-cap Russell 2000 was a relative outperformer, ending the day down 2.1%. The Russell is up 7.2% month to date, while the S & P 500 and Nasdaq have fallen 0.6% and 2.2%, respectively, during that time. "I think for the month of August small caps can do something more than 15% even, because they underperformed so dramatically. And the type of move we've seen just the last two weeks is something that only happens at the start of a pretty significant advance for small caps."

Persons: Tom Lee, Russell, Lee, Donald Trump, Trump, we've Organizations: Fundstrat Global Advisors, Nasdaq, Trump White House, Nvidia

☆ Small caps are finally getting their moment in the sun. Here's why managers think the rally can last
▼ + stars: | 2024-07-25 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Instead, small caps spent the first half of this year doing what they've been doing for the last decade: falling behind. The Russell 2000 Value was up 10%, while the Russell 2000 having gained 11%. A sustainable rally Small caps have underperformed for roughly the last decade, but they've typically done better historically. Meanwhile, Teton Westwood's Galluccio thinks it can last much longer: "I think small caps stand to outperform for the next three years." "The last decade was the first time in many, many years when small caps underperformed, leading the talking heads to say that quality, quality, quality is large-cap growth.

Persons: Jerome Powell, they've, Russell, Nicholas Galluccio, It's, You've, I've, Mike Rode, Rode, Galluccio Organizations: Federal, TW Smallcap Equity, Fama, Investments, Panasonic, LSEG Locations: Fama French, De Soto , Kansas

☆ A 'Trump trade' hedge using options
▼ + stars: | 2024-07-22 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

The reason this matters to investors is the so-called Trump trade. The stock market did very well following former President Donald Trump's victory over Hillary Clinton in November 2016, but smaller businesses, in particular, were beneficiaries. When we listen to some of the policy ideas that Trump has discussed, such as measures intended to protect smaller U.S.-based businesses, companies in the small-cap Russell 2000 index stand to benefit. Since the June 27 debate, the Russell 2000 has outperformed the S & P 500 by more than 6 percentage points. So, investors must acknowledge that if Trump's path to victory against Harris or a potential unknown pinch-hitter is less certain, then uncertainty must, by extension, apply to the Trump trade.

Persons: Joe Biden, Biden, Kamala Harris, Donald Trump's, Hillary Clinton, Trump, Russell, Harris, — Organizations: Trump, CNBC, NBC UNIVERSAL Locations: IWM

☆ Earnings plus key reports on economic growth and inflation put the consumer in focus next week
▼ + stars: | 2024-07-19 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The consumer will be in focus next week as investors head into the thick of earnings season and await some major macroeconomic reports. So far, just 14% of S & P 500 companies have reported earnings results. As one strategist noted, Wall Street is about to get insight into the economy from more than half the broad market index. The thick of earnings Earnings season is off to a strong start. Credit card company Visa will be reporting next week after American Express' results this week suggested inflationary pressures have reached the higher-end consumer.

Persons: Russell, We're, Terry Sandven, Sherwin, Williams, Charles Ashley, Read, Ashley, We've, It's, Lockheed Martin, Kimberly, Clark, General, Philip Morris, Lamb Weston, Northrop, Rowe Price Organizations: Federal, Nvidia, U.S, Bank Asset Management, Nasdaq, Dow Jones, Whirlpool, Catalyst Funds, Visa, American Express, Google, Commerce, FactSet, Fed, Chicago, Verizon, Richmond Fed, Enphase Energy, Capital, Texas, Williams, Comcast, General Motors, United Parcel Service, Philip Morris International, GE Aerospace, PMI, O'Reilly, Grill, Business Machines, Vegas Sands, Ford Motor, Technology, NextEra Energy, GE, . Kansas City Fed Manufacturing, American Airlines, CBRE, Valero Energy, Hasbro, Tractor Supply, Northrop Grumman, Southwest Airlines, Honeywell International, Norfolk Southern, Rowe Price Group, Myers Squibb, Colgate, Palmolive Locations: —, Freeport, McMoRan, Vegas, . Kansas, Michigan, Bristol

☆ The small cap rally ‘has legs,’ says Citi’s stock strategist Scott Chronert
▼ + stars: | 2024-07-18 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

After a difficult two years for small cap stocks, the sector finally appears on path for a comeback, according to Citi Research head of U.S. equity strategy Scott Chronert. The small cap benchmark Russell 2000 index is up 4.3% week to date alone amid a 9.4% rally in July. As investors become more enthusiastic on the prospect of forthcoming interest rate cuts, they've started to sell off mega cap technology names — which have led the market rally — in favor of the rate-sensitive small cap sector. Banks currently have an "easier" valuation starting point, according to Chronert. The sector overall contains little exposure to tariffs — which has become a major campaign platform of former president Donald Trump.

Persons: Scott Chronert, they've, Chronert, CNBC's, Russell, Banks, Donald Trump Organizations: Citi Research, Federal, Trump, CNBC, Market, Survey

☆ CNBC Daily Open: Rising geopolitical risk
▼ + stars: | 2024-07-18 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article LLYUAL2330-TW.RUT.DJIMSFTNFLXMETA.IXIC Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Michael M Organizations: New York Stock Exchange, Santiago, CNBC Locations: New York City

☆ Stanley Druckenmiller hits another home run in small caps after nailing the Nvidia trade
▼ + stars: | 2024-07-17 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Stanley Druckenmiller , still basking in his winning Nvidia bet, has hit another home run in this bull market. When Druckenmiller acquired the position in the first quarter, small caps were significantly underperforming their large-cap counterparts. Druckenmiller once managed George Soros' Quantum Fund and shot to fame after helping make a $10 billion bet against the British pound in 1992. After the stock soared from $150 to above $900, Druckenmiller slashed the stake. A lot of what we recognized has become recognized by the marketplace now," Druckenmiller said on CNBC at the time.

Persons: Stanley Druckenmiller, Druckenmiller, Russell, George Soros, bullish, We've Organizations: Nvidia, Duquesne Family Office, Investment, SEC, Quantum Fund, Duquesne Capital Management, CNBC

☆ Goldman's top stock strategist explains why small caps are rallying so much
▼ + stars: | 2024-07-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The small-cap benchmark Russell 2000 jumped 2% on Tuesday, heading for its fifth straight winning day. Small-cap companies are especially sensitive to rate policy, as their financing costs rise when interest rates are high. Falling rates could be a boon for these names, said Kostin, Goldman's chief equity strategist, on CNBC's " Squawk on the Street ." In that period, the Russell 2000 Index has added more than 11%, compared with the S & P 500 's 4% advance. In 2024, the S & P 500 has surged more than 18%, while the Russell 2000 has added 10%.

Persons: Goldman Sachs, David Kostin, Jerome Powell, Russell Organizations: Russell, Federal

☆ Stocks are booming in 2024, but financial advisors say it may be time to get a little defensive
▼ + stars: | 2024-07-16 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

With the S & P 500 surging more than 18% in 2024, it might be time for investors to make a few defensive moves in their portfolios. But that surge is spurring some financial advisors to reassess their clients' exposure to large-cap tech and turn toward currently unloved asset categories that could be poised to rise. "It might take a little longer to manifest but we think [health care] is an interesting combination of offense and defense, and it provides meaningful cash flows for investors," Saccocia said. Checking in on risk and cash Investors reviewing their 2024 gains should also reassess their risk profile and consider whether their asset allocation reflects their long-term goals. Tom Balcom, CFP and founder of 1650 Wealth Management in Lighthouse Point, Florida, has used custom market-linked notes to hedge clients' exposure to the market.

Persons: Nvidia —, Shon Anderson, Russell, Jerome Powell's, Shannon Saccocia, Neuberger Berman, Saccocia, Colin Gerrety, Gerrety, Tom Balcom, Balcom, Morningstar Organizations: Nvidia, Anderson Financial, Federal, Big Tech, Investors, JPMorgan Chase, UnitedHealth, Wealth Services Locations: Dayton , Ohio, REITs, North Bethesda , Maryland, Lighthouse Point , Florida

☆ Small caps are surging. Oppenheimer found a 'broadening' bull market favors future returns
▼ + stars: | 2024-07-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Oppenheimer views last week's rally in small-cap stocks as a potential catalyst for the wider market and its future returns. "The point is that last week's small-cap breakout marks a re-broadening of the bull that should carry bullish implications for all capitalizations." .RUT YTD mountain Performance in 2024 The comments from Wald came on the heels of last week's 6% surge in the Russell 2000 index of small caps. The iShares Russell 2000 ETF added as much as another 1.6% early in Monday's session. "In our view, this cycle's 'as good as it gets moment' has not yet been reached," Wald said.

Persons: Oppenheimer, Ari Wald, Wald, Russell Organizations: Federal Reserve, Viking Therapeutics, Zeta Global

☆ Keir Starmer must fix Britain’s economic mess after UK election win
▼ + stars: | 2024-07-05 | by ( Hanna Ziady | ) edition.cnn.com time to read: +9 min

London CNN —British voters have handed the Labour Party its first election victory in almost two decades, hoping that a new center-left government will revive Britain’s ailing economy and fix collapsing public services. The win is a triumph for Keir Starmer, a former chief prosecutor who only entered parliament in 2015 and will become prime minister later Friday. “It feels good, I have to be honest.”But Labour’s jubilation may soon give way to trepidation given the economic challenges ahead. Making these problems even harder to solve: stubbornly low economic growth. To some extent, the government is likely hoping economic growth will be stronger than forecast and help with both goals.

Persons: Conservative Party —, Keir Starmer, ”, ” Gregory Thwaites, ” ‘, “, Paul Johnson, —, Dominic Lipinski, Johnson, Louise Hellem, Rachel Reeves, Stefan Rousseau, ” Brexit Organizations: London CNN — British, Labour Party, Conservative Party, National Health Service, Universal Credit, CNN, Labour, for Fiscal Studies, Bloomberg, Getty, Wealth Fund, Great, Great British Energy, “, Confederation of Business Industry, Conservative, Shadow, AP, European Union, Trade Locations: England, Scotland, Wales, Selby, UK, Great British, Britain, Southampton, United States

☆ The bull case for small caps as the second half kicks off
▼ + stars: | 2024-07-04 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

By contrast, the S & P 500 has already reached Jefferies' bull case of 5,400, the strategist noted. The right catalyst For investors, the bull case for small caps that prevailed when the year began, still holds. More immediately, second-quarter earnings may prove a positive catalyst for small caps since expectations are so low, according to Jefferies' DeSanctis. On a trailing 12-month basis, the S & P 500 is trading at a multiple of 25 times earnings. Ultimately, however, many investors say that a rotation into small caps is coming, even if it hasn't happened yet.

Persons: Russell, Richard Nixon, Steven DeSanctis, Jefferies, DeSanctis, Brian Leonard, Ross Mayfield, Baird, Keeley Teton's Leonard, Something's Organizations: Federal Reserve, Jefferies, CNBC Pro, Fed, Advisors Locations: Keeley

☆ Small-cap stocks are lagging in 2024, but investors shouldn’t avoid them, says portfolio manager
▼ + stars: | 2024-07-03 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

In a year when the S & P 500 is touting a 15.5% advance, small-cap stocks look underwhelming – but investors shouldn't shy away from them, said Julie Biel, chief market strategist at Kayne Anderson Rudnick. "I don't think you want to avoid them — they're part of a balanced diet," said Biel, who is also a portfolio manager at the firm. The benchmark small-cap index Russell 2000 is up roughly 1% year to date, whereas the S & P 500 has rallied almost 16%, largely thanks to the strength of Nvidia and other megacap tech stocks. The S & P 400 mid-cap index has also fallen short of its large-cap counterpart, up a modest 5% in 2024. Biel herself manages a small- and mid-cap growth portfolio and takes a long-term investment approach.

Persons: Julie Biel, Kayne Anderson, Biel, Russell, Ryan Organizations: Nvidia, Russell, Isaac, Ryan Specialty, IFS, West Pharmaceutical Services Locations: Biel

☆ These parts of the stock market are already priced for recession, Northwestern CIO says
▼ + stars: | 2024-06-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

"The world has been talking about a recession for the better part of two years, and people have been investing that way," Schutte said. Schutte said that the price-to-cash flow ratio for the S & P Small Cap 600 index already looks like it typically does at the end of recessions. The S & P 500 is up 14.5% year to date, while the Russell 2000 small cap index is higher by just 1%. The S & P 600 Small Cap index is actually down by almost 2% on the year. .RUT YTD mountain Small cap stocks are lagging behind their larger counterparts.

Persons: Brent Schutte, Schutte, Russell Organizations: Northwestern Mutual Wealth Management, CNBC, Northwestern, University of Chicago Booth School, Businesss, Federal Reserve, Nvidia, Microsoft Locations: U.S

☆ Key lines from CNN’s presidential debate
▼ + stars: | 2024-06-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +17 min

CNN —In CNN’s presidential debate, President Joe Biden was halting and, at times, trailed off and confused words, feeding a nagging narrative about his fitness for the presidency. Trump said Biden couldn’t drive a golf ball 50 yards, and Biden challenged Trump to a golf match but only if Trump carries his own clubs. We’ve got to take a look at what I was left when I became president, what Mr. Trump left me. -TrumpBiden said Trump deserves blame for watching the riot at the Capitol unfold for hours without doing anything to intervene. They’ve had meetings and they voted who’s the worst president in American history.

Persons: Joe Biden, Donald Trump, overinflated, Trump, Biden, ” Trump, “, …, Trump’s, Jake Tapper, Dana Bash, We’ve, Biden Trump, Trump Trump, We’d, I’ve, –, ”, Roe, Wade, You’ve, It’s, Trump Biden, ” Biden, Beau, John Kelly, Vladimir Putin’s, Putin, Volodymyr, Zelensky, There’s, Gaza Biden, Israel, “ I’ve, Tapper, we’re, We’re, Hunter, Joe, you’re, Biden Biden, E, Jean Carroll, Daniels, ” –, reimbursements, Hitler Biden, Hitler’s, flabbergast Biden, They’ve, That’s Organizations: CNN, Trump Biden, Trump, Medicare, Social Security, Republicans, Trump Trump, Biden, Democrats, White House, Ukraine Trump, Ukraine, Hamas, Bash Locations: Atlanta, freefall, Iraq, France, Ukraine, Soviet Union, Israel, Gaza, Palestinian, United States, New York, Charlottesville , Virginia, “

☆ Fundstrat's Tom Lee keeps making bold stock calls — and nailing them
▼ + stars: | 2024-06-22 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

For example, a call that the S & P 500 would rise 100 points on a positive consumer price index print came true last year. That's true so far, with the S & P 500 jumping 4.8% in May after finishing April down 4.2%. As equities struggled, (the S & P 500 fell almost 20% in 2022), Lee felt like the risk of inflation was being mispriced. Because of that, he foresaw a rebound in 2023, a year that sent the S & P 500 more than 24% higher. "There was a pretty widely-held view that the Fed had to crash the economy in order to contain inflation," Lee said.

Persons: Fundstrat's Tom Lee, Lee, it's, that's, Lee doesn't, Russell, hiccups, Salomon Smith Barney Organizations: Fundstrat, CNBC Pro, Wharton School, selloff, Apple, Netflix, Nasdaq, JPMorgan

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