Lindsey Piegza, economist at Stifel, the investment bank, said the Federal Reserve is about to pause policy adjustment as President Waller's recent remarks reflect the emergence of stricter standards in this regard. Fed officials are increasingly focused on whether economic data are beating expectations, rather than just on the strength of the economy. If the economy continues to show significant firmness next year, the Fed could face a challenging situation about potential rate cuts. I expect t...
Stifel: Raised its target price for Tesla (TSLA. O) to $411 from $287.
Stifel, Nicolaus & Co.'s Barry Bannister expects the S & P 500 to climb another 10 percent, before changing course next year and falling to early 2024 levels. Despite optimism about the U.S. economy and the Federal Reserve's interest rate cuts, the benchmark, which is up nearly 40 percent from October, is already way too high, the strategist said in a note Tuesday. He said analysis of the century-old market frenzy suggests the S & P 500 could rise to around 6,400 and then fall back to 4,700 in 2...
Stifel Nicolaus&Co. stated that investors lost interest in cryptocurrencies after Bitcoin hit a new high last month, which more broadly indicates that the frenzy for risky assets and the US stock market is fading. The team led by Barry Bannister, the company's chief stock strategist, said that the peak of Bitcoin indicates a weakening of the stock market.
Stifel Nicolaus & Co.表示,投资者在比特币上月创新高后对加密货币失去兴趣,这更广泛地预示着对风险资产和美国股市的狂热情绪在消退。该公司首席股票策略师Barry Bannister领导的团队称,比特币见顶预示着股市走弱。 Bannister表示,在2023年第四季度美联储政策开始转向后,比特币和纳斯达克100指数是“投机热”的代名词。美联储鸽派立场引发市场狂热,比特币“可能在见顶”。...
According to investment bank Stifel (SF), the peak of Bitcoin may herald the imminent peak of the US stock market.