The bull market in stocks won't be derailed by Fed jitters or Middle East tensions, 4 Wall Street pros say
==========
Despite recent concerns over Fed rate cuts and Middle East tensions, four Wall Street professionals believe that the bull market in stocks is still intact. The recent drop in stock prices was driven by inflation concerns and rising tensions in the Middle East. However, these experts argue that the long-term bull market is far from over. Tom Lee from Fundstrat advises investors to buy the dip in stocks, as the March inflation report suggests that inflation is on track to fall to the Federal Reserve's 2% target. James Demmert from Main Street Research believes that the recent correction is a buy-the-dip opportunity, as stocks are still in a longer-term bull market. Dan Ives from Wedbush Securities predicts that tech stocks will continue to soar due to strong corporate earnings and a wave of AI spending. John Flood from Goldman Sachs expects stocks to move higher by the end of the year, citing positive catalysts such as post-tax season surge, rising corporate stock buybacks, and strong confidence indicated by inflows to money market funds. Goldman strategists also predict a potential 15% surge in stocks this year, driven by mega-cap tech stocks.
#StockMarket #BullMarket #FedRateCuts #MiddleEastTensions #Inflation #AiSpending #TechStocks
https://markets.businessinsider.com/news/stocks/stock-market-outlook-bull-market-fed-rate-cuts-iran-israel-2024-4
Markets Insider /
npub1sm4…d5sv
2024-04-17 01:34:41
Author Public Key
npub1sm4vnv0vjzhsm765643gdstj23qkc6jgu7vvax8fepa0z4skqjaqsfd5svSeen on
wss://nos.lolPublished at
2024-04-17 01:34:41Event JSON
{
"id": "bbd20cdd473317c48167817ad85e2808d44e50880487843a523e63e7587de889",
"pubkey": "86eac9b1ec90af0dfb54d56286c17254416c6a48e798ce98e9c87af1561604ba",
"created_at": 1713310481,
"kind": 1,
"tags": [],
"content": "The bull market in stocks won't be derailed by Fed jitters or Middle East tensions, 4 Wall Street pros say\n==========\n\nDespite recent concerns over Fed rate cuts and Middle East tensions, four Wall Street professionals believe that the bull market in stocks is still intact. The recent drop in stock prices was driven by inflation concerns and rising tensions in the Middle East. However, these experts argue that the long-term bull market is far from over. Tom Lee from Fundstrat advises investors to buy the dip in stocks, as the March inflation report suggests that inflation is on track to fall to the Federal Reserve's 2% target. James Demmert from Main Street Research believes that the recent correction is a buy-the-dip opportunity, as stocks are still in a longer-term bull market. Dan Ives from Wedbush Securities predicts that tech stocks will continue to soar due to strong corporate earnings and a wave of AI spending. John Flood from Goldman Sachs expects stocks to move higher by the end of the year, citing positive catalysts such as post-tax season surge, rising corporate stock buybacks, and strong confidence indicated by inflows to money market funds. Goldman strategists also predict a potential 15% surge in stocks this year, driven by mega-cap tech stocks.\n\n#StockMarket #BullMarket #FedRateCuts #MiddleEastTensions #Inflation #AiSpending #TechStocks\n\nhttps://markets.businessinsider.com/news/stocks/stock-market-outlook-bull-market-fed-rate-cuts-iran-israel-2024-4",
"sig": "8589f725940a59e4bdf3fb2a248cba6507107c5a4d9ae94e5b5872600de3eded4aa7619cb52cad547f3ee0b2018cf9a03b9f5fdc1231351aeebed50c84f23eaf"
}