Retail investors are skittish about this market, and understandably. Our call of the day says that may only help lure back influential investors in the new...
Ahead of a Fed decision, which holds a risk of more hawkish chatter from Fed Chairman Jerome Powell, we’ll get a closely watched CPI report in a hefty week for data, as the clock ticks down on 2022.
What normally happens around this time of year is selling of losing stocks by investors to help offset capital gains elsewhere, points out Eric Liu, co-founder and head of research at Vanda Research. The proceeds are then reinvested, with exchange-traded funds being a vehicle of choice for investors to keep up their exposure.It’s all about “retail capitulation,” which is actually a positive development for markets, says Liu. It puts retail positioning for U.S.
But he says the first quarter of 2023 could be a different ballgame, based on history that shows big bullish build-ups often take place in the first three months of the year. Morgan Stanley’s Mike Wilson also sees a “terrific buying opportunity” in that period, though a mostly sideways S&P 500 by end next year.
Even so, he says the “balance of probable outcomes” for interest rates, positioning and macro still “continue to favor a bullish view on equities here…time is on bulls’ side as we creep into 2023.”The markets Stock futures ES00 YM00 NQ00 are modestly lower, while bond yields TMUBMUSD02Y TMUBMUSD10Y and oil prices CL.1 BRN00 are flat. The dollar DXY is stronger.
Welcome to M&A Monday. Amgen AMGN is buying drug company Horizon Therapeutics HZNP in a $27.8 billion deal. Coupa Software shares COUP are surging on a report that private-equity firm Thomas Bravo is in advanced talks on a buyout. China will stop using a travel tracing app as it keeps backing away from zero COVID rules, as the country sets up more ICUs and tries to strengthen hospitals amid surging cases.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retail theft costly to both retailers and consumersSince everything in retail store is already paid for, items that get stolen cause retailers to lose money which ultimately forces them to raise prices.
Read more »
The 10 most stressful jobs in the US: Judges, retail managers, gynecologists rank among topThe Occupational Information Network recently ranked 873 of the most stressful jobs in the nation. The rankings note the importance of accepting criticism and dealing calmly and effectively with high-stress situations in each role.
Read more »
Mayor London Breed wants to rezone Union Square. Here is what it will take. - San Francisco Business TimesIs it too late for non-retail development in Union Square?
Read more »
Indian shares tipped to fall ahead of Nov inflation dataIndian shares were set to fall on Monday, as traders braced for local retail inflation data, due later in the day, and a flurry of interest rate decisions by major central banks this week.
Read more »
Advent calendars, explained: Where they came from and why they're everywhere nowWhat started as a Christmas countdown has increasingly become a retail opportunity. While Advent calendars have evolved over the centuries, they still accomplish some of their original objectives.
Read more »