Equity strategist Anthony Golub sees the index heading to 3025, based on expanding valuation multiples. Many fund managers haven’t re-risked their portfolios, he writes.
The market’s double-digit percentage rally so far this year has more to go as investor sentiment rises, according to Credit Suisse.
var mobBreakpoint=661; addMobClassToRelatedInset; whenAvailable { $.resize { addMobClassToRelatedInset; }); function defer { if !==null) { method; } else { setTimeout { defer }, 100); } } defer { var curr_article_SBID=document.querySelector.getAttribute; var inputs=document.getElementsByClassName; for ) { targetEl.classList.remove; } }; function getWidth { var width=0; var w=window, d=document, e=d.documentElement, g=d.getElementsByTagName[0], x=w.innerWidth || e.clientWidth || g.
“Our work indicates that investors have not fully re-risked portfolios following 4Q’s turbulence—despite a sharp decline in volatility and spreads—and that valuations will drift higher as they do so,” he wrote in the report.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Suisse raises S&P 500 forecast, sees 20% gain for 2019Underneath the stock market's epic rebound has been a 'more favorable' trend that Credit Suisse says will drive the market higher.
Read more »
Tech leads stocks broadly higher; Boeing dropsBoeing’s stock had been soaring. But after Sunday's deadly crash involving the aircraft maker’s popular 737, its stock fell 5.3%.
Read more »
Wall Street lifted by latest benign inflation dataU.S. stocks rose broadly on Wednesday with the S&P 500 index hitting a five-mont...
Read more »
S&P 500 makes fresh intraday assault at bullish line in the sand at 2,800
Read more »
If you’re tracking the S&P 500 instead of this fund, you’re leaving money on the tableIf you’re tracking the S&P 500 instead of this fund, you’re leaving money on the table, says PhilipvanDoorn
Read more »
The last time the Dow underperformed the S&P 500 by this great a margin was 2009The stock market is enjoying a solid week so far, but investors might not know it by gauging the performance of the Dow Jones Industrial Average, which by a few measures if registering its widest divergence with its U.S. peers over a two-day stretch in years.
Read more »
S&P 500 attempts fresh assault at bullish line in the sand at 2,800
Read more »
S&P 500 and Nasdaq snap 3-day winning streak, Facebook shares slideThe S&P 500 and Nasdaq Composite closed lower for the first time in four sessions on Thursday after the release of weak U.S. home sales data while Wall Street digested the latest news on the U.S.-China trade front.
Read more »
S&P 500 eases amid U.S.-China trade uncertaintyThe S&P 500 slipped on Thursday, snapping a three-day streak of gains, as uncert...
Read more »