Apple’s new iPhones couldn’t silence stocks’ September slump. But that’s not really something to worry about.
Investors looking for a silver lining in September can seek solace in noted investors' and analysts' calls.
DoubleLine Capital CEO Jeffrey Gundlach's predicted the Federal Reserve should be done raising interest rates. Even better, Gundlach thinks the Fed will cut"in the first half of the next year," and at a speed much faster than it had raised rates."The Fed raises rates by taking the stairs and they cut rates by taking the elevator," Gundlach said.chief U.S. equity strategist, told CNBC he thinks the S&P might exceed his year-end target of 4,500.
It's true 4,500 isn't that's not far off from the index's close of 4,461. But Kostin's comments imply that — unlike Apple's frozen iPhone prices — stocks will at least rise, and not remain stagnant or fall further, between now and the end of the year.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
CNBC Daily Open: Markets cheered the lack of newsTo markets already jolted by a downbeat August and desperate for more signs of the interest rate trajectory, good news was bad news and bad news was bad news.
Weiterlesen »
CNBC Daily Open: Even high yields couldn't stop techTechnology stocks staged a comeback, helped by a barrage of good news. Even the 10-year yield climbing couldn’t put a brake in tech.
Weiterlesen »
CNBC Daily Open: High yields posed no threat to the tech rallyTechnology stocks staged a comeback, helped by a barrage of good news. Even the 10-year yield climbing couldn’t put a brake in tech.
Weiterlesen »
CNBC Daily Open: No news is good newsTo markets already jolted by a downbeat August and desperate for more signs of the interest rate trajectory, good news was bad news and bad news was bad news.
Weiterlesen »
Apple Watch price tracker: When to buy the Apple Watch 8 and the Apple Watch UltraHere's when you'll find the best price on the Apple Watch 8 and the Apple Watch Ultra.
Weiterlesen »
Apple's big event: Consumers likely to see new iPhone, Apple WatchApple will hold a widely-anticipated event Tuesday, with many expecting the tech giant to unveil new devices that could soon hit the market. One of those is the iPhone 15, according to reports.
Weiterlesen »