Citigroup strategist Tobias Levkovich sees the S&P 500 rising another 12 percent to 1,615 next year.
The S&P 500 does not look expensive based on the forward valuation that many investors are used to seeing, but it’s getting close based on the “new normal”.
China's economy is unlikely to have a hard-landing and demand for luxury brands like Ralph Lauren will remain relatively resilient.
This move makes sense because of the downside volatility and flat performance exhibited by this asset class over the summer.
Quantitative easing has become something of a dirty word this election cycle. The Fed Chairman is correct to keep it on the table.
We are far from a level of market euphoria. There hasn't been a peak with anywhere near the current level of low market bullishness for nearly two decades now.
This week’s rally that sent the S&P 500 to multi-year highs also kept transportation stocks from reaching new multi-year lows. That’s huge news!
I never thought I would say this, but Ben Bernanke is looking very smart right now with his wait-and-see approach to turning on more economic stimulus.
A Fed QE3 move will be a short term positive, but it will not solve or even hide all the problems facing the economy.
Only if the Fed acts, will we change the look of our portfolio and jump on the stock market bandwagon.