4 minutes ago
Barclays says potential stagflation and geopolitical risks could catch investors off guard
Barclays strategist Venu Krishna says investors are acutely aware of certain market risks, such as a potential recession or consumer stress, but they can be blindsided by other risks. It is said that there is.
“We believe stagflation could (though unlikely) be caught in the stock market without realizing it, and some traditional defensive strategies do just that,” the strategist said in a note Thursday. Because in that scenario, it becomes something you don’t want to have.”
Krishna added that the high risk premium shows investors are not pricing in potential geopolitical risks adequately.
— Lisa Kailai Han
15 minutes ago
Stocks heading for a winning week
Despite Thursday’s decline, the average of the three major stocks tends to end the week higher.
The Nasdaq Composite Index led the index gains, rising 2.2% this week. The S&P 500 rose 1.4% and the Dow rose 0.9%.
— Alex Harring
27 minutes ago
Fed “hopes to cut rates several times,” says BlackRock leader
Rick Rieder, BlackRock’s chief investment officer and head of global fixed income and global allocation, said on CNBC’s “Closing Bell” that there are signs that lower-end U.S. consumers are struggling. Stated. This could be a big factor in prompting the Fed to cut rates, Rieder said.
“It’s clear you’re putting pressure on low-income people. I think they want to get a few cuts this year. Will they be able to get it in July? You? “I think there’s a 25% chance that we’ll be able to start moving in,” Reeder said.
These forecasts are broadly in line with market expectations, according to the CME FedWatch tool.
Rieder also said that stock prices could continue to hit record highs due to strong earnings and demand for stocks, including stock buybacks by major tech companies.
— Jesse Pound
36 minutes ago
Stock futures are almost flat
Futures tied to the Dow, S&P 500 and Nasdaq 100 were all little changed after 6pm ET.
— Alex Harring
