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S&P 500 Set For 9% Gain To 5,400, UBS Ups Target: 'Higher Inflation Tends To Be A Positive For Stock Prices'
Tuesday, February 20, 2024 - 11:45pm | 668UBS has raised its S&P 500 target to 5,400, citing demand-driven inflation as a positive factor for stocks. What Happened: UBS has increased its S&P 500 target to 5,400, the most bullish forecast yet, representing a 9% increase from current levels, reported Business Insider. Despite the...
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Pfizer's COVID-19 Vaccine Data And The Market Impact: What The Pros Are Saying
Wednesday, November 11, 2020 - 5:47pm | 513Stocks soared off the opening bell Monday after Pfizer Inc. (NYSE: PFE) announced its COVID-19 vaccine is 90% effective at preventing the disease. Now that the Street and investors have had a few days to digest the news, is there reason to scale back the bullish narrative? Time Is Needed: The...
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Credit Suisse Sees 15% Upside For Stocks In 2019
Tuesday, December 18, 2018 - 4:15pm | 413Monday’s slide has everyone on Wall Street taking sides on whether investors can expect a bear market or a rebound in 2019. Credit Suisse analyst Jonathan Golub in a Tuesday note said he's betting on a market bounce in 2019 based on several factors. Benign Slowdown Spikes in the VIX...
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Comey Who? Markets Don't Care About What The Ex-FBI Head Has To Say
Thursday, June 8, 2017 - 9:29am | 430Former FBI Director James Comey is scheduled to testify in front of the U.S. Senate Select Committee on Intelligence Thursday, but does anyone care anymore? According to Jonathan Golub of RBC Capital Markets the answer is yes and no — depending on who you ask. The media certainly cares about...
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Pro: The Dow Is A Superior Gauge Of The Sentiment Of The Market
Wednesday, December 21, 2016 - 2:42pm | 318Jonathan Golub of RBC Capital Markets was a guest on CNBC's "Squawk Box" segment on Monday to talk about the hot topic of the week — Dow 20k. Dow Versus S&P Index Golub started off by stating that the Dow Jones is a superior index to gauge the overall market, even though the index has...
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The Trump Playbook: S&P 500 To 2,500 In 2017
Monday, December 5, 2016 - 2:23pm | 511The S&P 500 (INDEXSP: .INX), which is currently around 2,200 and slightly off an all-time closing high of 2,213.35 reached in late November, has roughly 14 percent upside in 2017, according to RBC Capital Markets. The estimated gains look commendable as it is a meaty performance compared to a...
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Should Investors Stress Over Hillary Clinton's Health?
Monday, September 12, 2016 - 8:11am | 322Investors should be concerned with Hillary Clinton's health, according to a Bloomberg report. On Sunday, the Democratic presidential nominee was "overheated" at a 9/11 memorial event, which forced her to leave the ceremony early and cool down at her daughter's nearby apartment. Clinton's health...
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RBC's Secular Outlook For September 2015
Wednesday, September 2, 2015 - 12:44pm | 331In a new report, RBC Capital Markets analyst Jonathan Golub discussed the firm’s stock market investment playbook for the month of September. Golub outlined RBC’s long-term and short-term views of the stock market and included which sectors traders should be buying on market weakness...
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RBC Capital Agrees With Ray Dalio's Recent Opinion On China, Jefferies Does Not
Thursday, July 23, 2015 - 3:31pm | 389One of the longest standing bull on China, Bridgewater Associates LP's Raymond 'Ray' Dalio, recently became bearish on China. Dalio sent a note to his clients a few days ago in which he wrote about investments in China, “There are now no safe places to invest.” RBC's...
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It's Been 1,357 Days Without A 10% Market Correction: Time To Sell?
Tuesday, June 23, 2015 - 4:04pm | 417More than six years into the current bull market, the S&P 500 continues to grind higher, tacking on another 3.1 percent gain so far in 2015. With no end in sight for rising share prices, RBC Capital Markets analyst Jonathan Golub recently released a report focusing on what it would take to...