DIRS.INFO The most relevant business & tech news

☆ The odds of a global recession keep going down
▼ + stars: | 2024-02-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Ned Davis Research said economic indicators suggest the odds of a global downturn are diminishing. "The global economic lull we saw in the second half of 2023 appears to be abating." In a note published Tuesday, they highlighted that economic indicators across manufacturing, supply chains, and equities suggest the odds of a global recession have come down. On a historical basis, it's still below the long-term average of 53.2, but the global composite PMI has a recession threshold of 47.8. "This puts our breadth measure closer to pre-pandemic levels, when global expansions typically saw services breadth at 85% or higher."

Persons: Ned Davis, —, Alejandra Grindal, Patrick Ayers, Goldman Sachs Organizations: Ned Davis Research, Service, PMI, NDR Locations: China, India, East, Japan, Canada

☆ A look at how stocks perform before and after the Fed's first rate cut — and how it may be different this time
▼ + stars: | 2024-01-31 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

How markets perform after the first Fed rate cut may be more complicated this time than investors expect. The S & P 500 rose just 3.5% in 2007 before collapsing 38% in 2008. A year after the Fed cut rates in 2019, the Covid-19 pandemic weighed on markets. How stocks perform will be especially important as Wall Street assesses when the central bank will cut rates. Markets are currently pricing in a 46% likelihood the Fed will cut rates by a quarter percentage point at its March meeting.

Persons: Ned Davis, Ed Clissold, Sam Stovall, Bear Stearns, Lehman, Stovall Organizations: Federal Reserve, Fed, Dow Jones, Ned Davis Research, Dow, Ned, CFRA Research, Storm, Lehman Brothers Locations: U.S, Iraq, Kuwait

☆ Forget a soft landing, there may be ‘no landing,’ economist says. Here's what that would mean for you
▼ + stars: | 2024-01-29 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

"In many ways, we already have a soft landing," said Columbia Business School economics professor Brett House. What a 'no landing' scenario means"No landing means above-trend growth, and also above-trend inflation," Grindal said, describing an economy that is "overheating." As of the latest reading, the current annual inflation rate is 3.4%, still above the 2% target that the central bank considers a healthy annual rate. A "no landing" scenario also means more strain on household budgets and those with variable-rate debt, such as credit cards. "That looks like the soft landing has been more or less achieved and is likely to be sustained," House said.

Persons: Brett House, Alejandra Grindal, Ned Davis, Grindal Organizations: Federal, Columbia Business School, Gross, Ned, Ned Davis Research, Finance

☆ Stock market hits new high after 2 years, overcoming a nasty inflation period and surging rates
▼ + stars: | 2024-01-22 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The long wait between S & P 500 all-time highs is a friendly factor for forward performance, as far as historical observations go. John Kolovos of Macro Risk Advisors says, "It is OK to be bullish on the stock market (S & P 500) just not the market of stocks (everything else)," from a trend-following perspective. Barry Knapp of Ironsides Macroeconomics calculates that the equal-weight S & P is one standard deviation cheap versus the market-cap-weighted index. Remarkably, the S & P 500 first pushed above 19-times forward earnings exactly four years ago, right before the Covid crash. Well, the S & P 500 has delivered an annualized total return near 11% in the four years since.

Persons: Ned Davis, Wayne Whaley, Whaley, I've, haven't, John Kolovos, Barry Knapp, Knapp, USTs, it's, hasn't Organizations: Ned Davis Research, Foresight, Federal, noncommittal, Nvidia, Nasdaq, Deutsche Bank

☆ The stock market has cooled off to start 2024, but it's still checking most of the bull market boxes
▼ + stars: | 2024-01-13 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The small-cap Russell 2000 has dropped close to 4% against a fractional gain in the S & P 500 year to date. In broad terms, the S & P 500 could retreat to 4600 or so – about 4% down from here – and still be in a routine technical check-back to its latest launch point in early December. Todd Sohn of Strategas notes that the Invesco S & P 500 Equal Weight ETF (RSP) saw inflows go vertical last year to $13.5 billion, 30% above its prior 12-month record. Betting on 'peacetime' Fed cuts Right or wrong, the market debate right now can never get far before turning into a Fed-policy-path discussion. Last week's CPI and PPI data added to the market's collective conviction that inflation's downside momentum is strong, opening the way for "peacetime" Fed rate cuts.

Persons: that's, Russell, Ned Davis, Tim Hayes, Tony Pasquariello, Goldman Sachs, Henry McVey, KKR's, McVey, Morgan Stanley, Todd Sohn, Strategas, they're, Jerome Powell Organizations: Ned Davis Research, Goldman, Nasdaq, Apple, CPI, PPI Locations: U.S

☆ Stocks end 2023 with a 4th-quarter rally and many soft landing converts. Breaking down the '24 outlook
▼ + stars: | 2023-12-30 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

.SPX YTD mountain S & P 500, YTD As for the "too far, too fast" argument, it's worth recalling that all the S & P 500 has done is nearly complete an almost-symmetrical two-year round trip. Ned Davis Research U.S. strategist Ed Clissold looked back at prior times the S & P 500 has gone more than a year without making a record high. This is always a tricky proposition – cash that leaves money markets to buy stocks leaves the seller of the stocks with cash. For one thing, $6 trillion is only about 12% of total U.S. equity market cap, near the lower end of its historical range. At the 2009 market low money markets were 50% of equity market cap.

Persons: —, we've, Jason Goepfert, Jeff deGraaf, Ned Davis, Ed Clissold, Jerome Powell, it's, Cash Organizations: Federal Reserve, Fed, Timely, National Association of Active Investment, Ned Davis Research, Investment, of

☆ Analysis: The 2023 stock rally is back on track
▼ + stars: | 2023-12-01 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —The US stock market has rebounded from its months-long rut. Stocks finished out their best month of the year on Thursday, breaking a three-month streak of declines for all the major indexes. “The only way I see a rally continuing is if the bond market behaves itself,” said Richard Steinberg, chief market strategist at The Colony Group. While those stocks have remained at the top of Wall Street’s scoreboard, the recent rally has encompassed a wider range of stocks. Long-neglected pockets of the stock market, from beaten-down financials to small-caps to cyclical stocks, have climbed higher in recent weeks.

Persons: Stocks, ”, Richard Steinberg, “, Santa Claus, Ned Davis, Anna Cooban, Elisabeth Buchwald, Nelson Peltz, Nelson Peltz’s, Bob Iger, ” Trian, Trian, Trian’s, Morgan Stanley, James Gorman, Sky Jeremy Darroch, ” Read Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Nasdaq, Dow Jones, Treasury, The Colony, Wall Street, Ned Davis Research, Organization of, Petroleum, Saudi Press Agency, Ministry of Energy, Saudi, United Emirates, Reuters, Disney, Management, Peltz, Sky Locations: New York, Santa, OPEC, Saudi Arabia, Vienna, Russia, Iraq, United, Kuwait, Kazakhstan, Algeria, Oman, Brazil, Brazil’s

☆ Buy these stocks that are well-positioned for the long haul, Ned Davis Research says
▼ + stars: | 2023-11-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

As stocks prepare to end November on a high note, these are the names that look the most promising over the long term, according to Ned Davis Research. With that in mind, Ned Davis Research screened for stocks that possess the most positive drivers for long-term returns. Of the 44 analysts covering the stock, 31 rate it either a buy or a strong buy, according to LSEG. Forty of the 49 analysts covering Alphabet rate it a strong buy or buy, and consensus price targets call for 12% upside, per LSEG. The stock is down 7% so far this year, but more than half of analysts covering it currently have a buy or strong buy rating.

Persons: Ned Davis, Exxon's, Fred Imbert Organizations: Ned Davis Research, Nasdaq, Dow Jones, Investors, Apple, Exxon Mobil, Wednesday, UBS, Natural Resources, Home

☆ The decline in China's US Treasury holdings isn't as big as it seems
▼ + stars: | 2023-11-26 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The ongoing decline in China's US bond holdings is not as big as it seems, according to Ned Davis Research. "Although China's holdings of US debt are down, after some adjustments, it's a lot less than the headline implies," NDR said. "The rationale for using these conduits is that when added to China's Treasury holdings, they closely track China's foreign exchange reserves." "Although China's holdings of US debt are down, after some adjustments, it's a lot less than the headline implies," Kalish said. AdvertisementOne person who's not concerned about China reducing its Treasury holdings is US Treasury Secretary Janet Yellen.

Persons: Ned Davis, —, Joseph Kalish, Kalish, who's, Janet Yellen, Xi Organizations: Ned Davis Research, NDR, Service, US, Treasury Locations: China, Beijing, Belgium, Luxembourg, San Francisco

☆ Wall St Week Ahead After breathtaking surge, US stocks' path may rest on economic soft landing
▼ + stars: | 2023-11-17 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? The index is now up nearly 18% for the year and less than 2% away from its year-high, reached in July. Analysts at Ned Davis Research, which has been recommending an overweight to stocks, this week said investors should further shift into equities and away from bonds. One source of worry has been a renewed climb in stocks' valuations.

Persons: Brendan McDermid, ”, Yung, Yu Ma, Ned Davis, Ed Clissold, ” Robert Pavlik, Pavlik, Seasonality, LSEG Datastream, Jason Pride, Keith Lerner, Lewis Krauskopf, Ira Iosebashvili, Nick Zieminski Organizations: New York Stock Exchange, REUTERS, Federal, BMO Wealth Management, National Association of Active Investment, Reuters Graphics, Treasury, Ned, Ned Davis Research, “, CPI, Dakota Wealth, Nvidia, Advisory Services, Thomson Locations: New York City, U.S

☆ Wall St Week Ahead - After breathtaking surge, U.S. stocks' path may rest on economic soft landing
▼ + stars: | 2023-11-17 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? The index is now up 17% for the year and about 6% from its record closing high from January 2022. Analysts at Ned Davis Research, which has been recommending an overweight to stocks, this week said investors should further shift into equities and away from bonds. One source of worry has been a renewed climb in stocks' valuations.

☆ This year has been a ‘nightmare’ for investors with most stocks, assets underperforming, according to Ned Davis Research
▼ + stars: | 2023-11-13 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

The S & P 500 may have advanced in 2023, but it has been a nightmare for stock pickers, said Ned Davis Research. The S & P 500 is higher by 15% this year, buoyed by gains in megacap tech stocks and, more recently, by falling Treasury yields. In fact, the median return of -1.1% in the S & P 500 has only been lower seven times since 1972. Over the past three months, only 32.5% of stocks beat the S & P 500, the note said. "But in terms of sizeable options for most asset allocators, 2023 has been historically tough," Clissold wrote.

Persons: Ned Davis, Ed Clissold, Clissold Organizations: Ned Davis Research, Ned Locations: U.S

☆ Powell made a big statement this week after bond yields slid. Here’s why
▼ + stars: | 2023-11-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

The swift rise in long-term US Treasury yields over the past few months caused headaches for investors by dragging many of their portfolios down. Bond yields, namely the yield on the 10-year Treasury note, dictate the interest rates on credit cards, mortgages and auto loans. Fed Chair Jerome Powell addressed that at this month’s post-meeting press conference, saying he couldn’t pinpoint exactly why yields rose so much in recent weeks. Hours before Powell’s post-meeting remarks, bond yields plunged following the Treasury Department’s quarterly refunding announcement. That’s as opposed to letting bond yields do the Fed’s work for it.

Persons: Jerome Powell, “, Powell, Kathleen O’Neill Paese, Louis Fed, ”, Powell’s, Wall, John Madziyire, Joe Kalish, Ned Davis, Kalish, ” Powell, Celal, That’s Organizations: New, New York CNN, Federal Reserve, Treasury, Fed, Vanguard, Ned, Ned Davis Research, CNN, ” Bank of America, International Monetary Fund, Getty, Bank of America Locations: New York, Washington ,, Anadolu

☆ China versus India: The pros explain why they prefer one — and share their stock picks
▼ + stars: | 2023-11-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Which economic giant should emerging markets investors go for: China or India? India is the "best structural growth opportunity" in emerging markets, according to Malcolm Dorson, head of emerging markets strategy at Global X ETFs. LPL Financial's chief technical strategist, Adam Turnquist, added that India has emerged as an increasingly attractive alternative to China. Where and how to invest in India Investors could go for the "booming areas" in India — renewables such as hydrogen and solar energy, as well as agricultural tech, according to Sharma. But both Krosby and Dorson would advocate active management in emerging markets such as India, given political and economic complexities, among other reasons.

Persons: Malcolm Dorson, Morgan Stanley, Dorson, Quincy Krosby, Krosby, LPL, Adam Turnquist, Alejandra Grindal, Ned Davis, Rahul Sen Sharma, Sharma, Morningstar Organizations: Shenzhen Component, CNBC, Global, Chinese Communist Party, LPL, Ned, Ned Davis Research, India Investors, India, Hindustan Unilever, Nestle India, Jewelry, India Active Locations: China, India, Shenzhen, Asia, Beijing

☆ Wall Street will seek confirmation the Fed is done in next week's big inflation data
▼ + stars: | 2023-11-10 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Economists polled by FactSet expect U.S. inflation to have risen just 0.1% last month and 3.3% from the year-ago period. Cracks in consumer data Investors will also watch for the October retail sales data for insight into the consumer, who has thus far proven resilient even in the face of higher interest rates and inflation. Investors will also be watching for the October producer price index (PPI) data on Wednesday, as well as housing data on Friday. Monday Nov. 13 Earnings: Tyson Foods Tuesday Nov. 14 8:30 a.m. CPI (October) 8:30 a.m. Hourly Earnings final (October) 8:30 a.m. Average Workweek final (October) Earnings: Home Depot , Charles Schwab Wednesday Nov. 15 8:30 a.m.

Persons: Amy Magnotta, It's, There's, Gregory Daco, he'll, Ned Davis Research's, Joe Kalish, NDR's Kalish, Jeff Klingelhofer, Magnotta, Tyson, Charles Schwab, John Williams Organizations: Federal, Dow Jones Industrial, Nasdaq, Federal Reserve, Ategenos, FactSet, Thornburg Investment Management, Walmart, CPI, PPI, Retail, Palo Alto Networks, Price, Philadelphia Fed, Manufacturing, . New York Federal Reserve, . Kansas City Fed Manufacturing, Ross Stores, Body, Housing Locations: . New, NAHB, . Kansas, Bath

☆ The stock market is following a rare pattern that could signal double-digit gains next year
▼ + stars: | 2023-11-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The stock market is following a rare pattern that could signal big gains next year, NDR said. The S&P 500 rallied for five months straight this year, followed by three consecutive months of losses. A five-month winning streak earlier this year was immediately followed by a three-month selloff from August through October. That's an unusual pattern in the history of the market, one that has only been observe four times since 1926. AdvertisementAdvertisement"Over the past 50 years, the S&P 500 was up every time from one to 12 months later," the strategists said.

Persons: —, Ned Davis, That's, Tom Lee Organizations: NDR, Service, Ned Davis Research, Treasury

☆ Benchmark 10-year Treasury yield could top 7%: Ned Davis Research
▼ + stars: | 2023-10-31 | by ( David Randall | ) www.reuters.com time to read: +2 min

NEW YORK, Oct 31 (Reuters) - Investors should be prepared for long-duration Treasury yields to reach 7% if the U.S. economy skirts a widely anticipated recession, Ned Davis Research warned in a note on Tuesday. Benchmark 10-year Treasury yields, which move inversely to prices, are hovering near 16-year highs of 5% as investors price in rising U.S. federal deficits and the Federal Reserve's guidance that it will keep rates high until it is convinced that inflation is under control. Joseph Kalish, chief global macro strategist at Ned Davis Research, said the Treasury sell-off could continue if the neutral rate of interest - the rate at which monetary policy is neither contractionary nor expansionary - rises due to a prolonged expansion. "So getting comfortable with a 5% 10-year Treasury is actually quite conservative," he wrote. With the potential for a worsening Treasury market sell-off, Kalish is bullish on gold and remains slightly underweight bonds, and favors large-cap equities over small-caps, he noted.

Persons: Ned Davis, Joseph Kalish, Kalish, Powell, Treasury Department's, David Randall, Andrea Ricci Organizations: Ned Davis Research, Ned, Treasury, Federal Reserve, Thomson Locations: U.S, Treasuries

☆ Wall St Week Ahead Frazzled U.S. stock investors eye frothy Treasury market as Fed looms
▼ + stars: | 2023-10-28 | by ( David Randall | ) www.reuters.com time to read: +4 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. October has lived up to its reputation for volatility, as a surge in Treasury yields and geopolitical uncertainty pressured stocks. Higher Treasury yields are seen as a headwind to stocks, in part because they compete with equities for buyers. More broadly, some believe the stock market's trading patterns this year point to a rebound in the fourth quarter. "The stock market is poised for a late Q4 rally."

Persons: Brendan McDermid, Sam Stovall, CME's, Alex McGrath, Charlie Ripley, Tesla, Stovall, Ned Davis, Randy Frederick, David Randall, Ira Iosebashvili, Richard Chang Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Apple Inc, Treasury, Strong U.S, CFRA Research, Investors, U.S, Gross, Fed, Allianz Investment Management, Google, CFRA, Ned Davis Research, Schwab Center, Financial Research, Thomson Locations: New York City, U.S

☆ US companies aren't feeling great about the economy - but one group is extra pessimistic
▼ + stars: | 2023-10-27 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Small business owners and CFOs both reported feeling downbeat about the US economy in recent surveys. CFOs are far more optimistic about the prospects for their own companies relative to the wider economy. A historically low number of small business owners said it's a good time to expand operations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementSmall business owners are pessimistic about the state of the US economy.

Persons: it's, —, Ned Davis, CFOs Organizations: Service, Conference Board, Ned Davis Research Small, NDR, Bloomberg, Fed

☆ Wall Street braces for big tech earnings and key economic data in the week ahead as Treasury yields rise
▼ + stars: | 2023-10-20 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Major earnings reports and economic data will be in focus next week as investors seek clarity on how the Federal Reserve will proceed from here. But next week will bring the lion's share of results including reports from mega-cap darlings Alphabet, Amazon , Meta Platforms and Microsoft . While the S & P 500 is higher by 10% in 2023, the equal-weighted index is down slightly. Of note, Tesla shares sank more than 9% on Thursday following a pessimistic economic outlook from CEO Elon Musk during the company's earnings call. Its the S & P 500's first weekly loss in three weeks.

Persons: bode, Elon Musk, We're, Sam Stovall, it's, Raphael Bostic, Ed Clissold, Ned Davis, Clissold, Katie Stockton, Rob Ginsberg, I'm, CFRA's Stovall, Stovall, Sherwin, Williams, Kimberly, Hess, Raymond James Financial, Keurig Dr Pepper, Northrop, Willis Towers Watson, Stanley Black, Rowe Price Organizations: Federal Reserve, Microsoft, Investors, CFRA, Dow Jones, Treasury, Fed, Atlanta Federal Reserve, Ned, Ned Davis Research, Wolfe Research, Chicago, P, PMI, P Global PMI Manufacturing, P Global PMI Services, Richmond Fed, Visa, Texas Instruments, General Electric, NextEra Energy, Raytheon Technologies, Dow, Inc, General Motors, Halliburton, Coca, Corning, Hilton Worldwide, General Dynamics, Dominion Freight, Mobile US, Boeing, Raymond, Technology, Whirlpool, International Business Machines, O'Reilly, Honeywell, Northrop Grumman, Mastercard, Amazon, Royal Caribbean Group, Tractor Supply, United Parcel Service, Hasbro, Southwest Airlines, Comcast, Hershey, Intel, L3Harris Technologies, Ford Motor, Energy, Chevron, Decker, Exxon Mobil, Colgate, Palmolive Locations: U.S, Atlanta, AbbVie

☆ CHART OF THE DAY: Industrial output shows high interest rates aren't hurting the economy yet
▼ + stars: | 2023-10-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Global central bank interest rates have tripled to its highest level since 2000. "We don't see sufficient evidence that the global economy is headed for severe recession," Ned Davis Research said. This is unusual considering that in the past, such sharp moves higher in global interest rates has coincided with a considerable decline in economic activity. While the economy might escape the damage of higher interest rates, asset prices are "not off the hook," the note said. That's because of shrinking central bank balance sheets, which have historically been associated with weaker equity performance.

Persons: Ned Davis, — Organizations: Ned Davis Research, Service, NDR Locations: China

☆ Analysis: US stock market technicals suggest possible rebound as earnings, CPI loom
▼ + stars: | 2023-10-11 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

The S&P 500 has slid about 5% since reaching its late-July high, but so far this month the benchmark index has rebounded. In 12 of those times the S&P 500 was higher six months later, Turnquist said. Reuters GraphicsStocks have tended to perform well at year end -- with November and December logging the second and third-biggest average S&P 500 monthly gains -- though this year the trends may portend even more favorably. That was followed by a 28% rally in the S&P 500 through late July of this year. Further, notes Delwiche, stock market breadth has been weak.

Persons: Brendan McDermid, Ed Clissold, Ned Davis, Clissold, Adam Turnquist, Turnquist, Willie Delwiche, Delwiche, Lewis Krauskopf, Ira Iosebashvili, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Federal, Thursday’s U.S, Ned, Ned Davis Research, LPL, Reuters Graphics, American, of, Mount Research, NYSE, Nasdaq, Thomson Locations: New York City, U.S

☆ Here's why it's so dangerous for Wall Street to bet against the American consumer
▼ + stars: | 2023-10-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

"Betting against the American consumer is a dangerous proposition," Ned Davis Research said. AdvertisementAdvertisementThe American consumer has defied expectations over the past year as spending remains resilient, but Wall Street continues to anticipate a recession. The dynamic highlights why it's dangerous to bet against the American consumer, according to a Friday note from Ned Davis Research. YChartsMeanwhile, rising interest rates only impacts new loans or refinancings, and just over 75% of mortgage holders have an interest rate below 5%. Betting against the American consumer is a dangerous proposition," NDR concluded.

Persons: Ned Davis, —, Bank of America's Savita Subramanian Organizations: Ned Davis Research, Service, Bank of America's, NDR

☆ Bonds are selling off as stocks tumble. Here’s what it means for 60/40 portfolios
▼ + stars: | 2023-10-05 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The 60/40 portfolio wasn't spared, either: The iShares Core Growth Allocation ETF (AOR) , which has a 60/40 split, is facing declines from both asset classes. AOR YTD line AOR's performance year to date The slump harkened back to 2022, when equities fell alongside bonds. "We don't see rates going back to the pre-Covid levels," he said. "[I]nvestors still hate bonds at these levels — rates we would've dreamed of two years ago," said duQuesnay. Vanguard's Aliaga-Diaz noted that the 60/40 portfolio will average 6% on a 10-year forward-looking basis, so there are bound to be tumultuous times and periods of strong performance.

Persons: —, wasn't, They're, Blair duQuesnay, Roger Aliaga, Diaz, Aliaga, duQuesnay, DuQuesnay, Joe Kalish, Ned Davis Organizations: Treasury, Dow Jones, Ritholtz Wealth Management, Vanguard, Fed, Ned Davis Research

☆ Here's why the stock market could be primed for a year-end rally
▼ + stars: | 2023-09-28 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

The stock market has slumped in August and September, but Ned Davis Research says there is reason for optimism. As of Wednesday's close, the S&P 500 has shed 5% in September, while the Dow Jones Industrial and the Nasdaq have tumbled 3% and 6%, respectively. "[S]entiment is approaching extremely pessimistic levels, suggesting that a year-end rally is not off the table," NDR said. In any case, the pessimistic data comes as the NDR S&P 500 Cycle Composite is about to finish its weak seasonal stretch. And from both a technical and sentiment standpoint, the "recent weakness could be setting the stage for a year-end rally."

Persons: Ned Davis, —, there's Organizations: Ned Davis Research, Service, Dow Jones Industrial, Nasdaq, NDR

Search resuls for: "Ned Davis Research"

25 mentions found