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Oaktree's Howard Marks is finding bargains. 'I am starting to behave aggressively,' he says

Oaktree’s Howard Marks is finding bargains. ‘I am starting to behave aggressively,’ he says

Exactly how much bounce is left in this bear market? A little more judging by stock futures reaction this morning. Thank China for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply …

Oaktree’s Howard Marks is finding bargains. ‘I am starting to behave aggressively,’ he says Read More »

Oaktree's Howard Marks is finding bargains. 'I am starting to behave aggressively,' he says

Oaktree’s Howard Marks is finding bargains: ‘I am starting to behave aggressively’

Exactly how much bounce is left in this bear market? Stocks are mostly higher on Tuesday, with China to thank for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply constraints that …

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'It's nuts': Real estate agents describe chaos in New York City's hot rental market

‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market

Renting an apartment in New York City this summer? Say hello to sky-high prices and a fight to the finish. Amid the heat and the occasional rain, there’s a mad scramble to rent affordable apartments in Gotham, which has been undersupplied for many years. Real estate agents describe the mayhem when it comes to prices. …

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Wall Street bear who called stock-market selloff sees S&P 500 up another 7% before turning lower

Wall Street bear who called stock-market selloff sees S&P 500 up another 7% before turning lower

Morgan Stanley’s Mike Wilson is one of Wall Street’s most vocal bears. But even he thinks this bear-market rally has more room to run. After the Dow Jones Industrial Average DJIA, -0.20%, S&P 500 SPX, -0.30% and Nasdaq Composite COMP, -0.72% cemented their strongest weekly gains since at least May on Friday, Wilson — who …

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Recession is challenging inflation as top fear among stock and bond investors

Recession is challenging inflation as top fear among stock and bond investors

It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for many investors, another potential bugaboo …

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Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

Stagflation, reflation, soft landing or a slump — what Wall Street expects in the second half of 2022

As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strategists have been busy telling clients what they should expect in the second half of what has been an extraordinary year for markets as U.S. stocks head for their worst start in decades. Investment banks like JP …

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‘Cyclical growth’ could lead 10% ‘relief rally’ for S&P 500 this summer, says Stifel’s Barry Bannister

‘Cyclical growth’ could lead 10% ‘relief rally’ for S&P 500 this summer, says Stifel’s Barry Bannister

The beaten down U.S. stock market is poised for a ‘relief rally’ this summer, with the S&P 500 potentially climbing 10%, according to Barry Bannister, chief equity strategist at Stifel. “We see a relief rally led by cyclical growth (mostly technology) to 4,150 for the S&P 500” this summer as oil prices decline and the …

‘Cyclical growth’ could lead 10% ‘relief rally’ for S&P 500 this summer, says Stifel’s Barry Bannister Read More »

Analysts see lowest grades for Bank of America and JPMorgan in Fed's stress test

Analysts see lowest grades for Bank of America and JPMorgan in Fed’s stress test

Bank of America Corp. and JPMorgan Chase & Co. emerged with the lowest marks among the overall passing grade for banks in the Fed’s annual stress test, analysts at Jefferies and Citigroup said Friday. Also weighing in on the stress test, Morgan Stanley analyst Betsy Graseck cut her price targets for Bank of America Corp. …

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