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These 3 factors will support more stock-market gains as a staggered global economic recovery unfolds, JPMorgan says

14 days ago   |   By

Spencer Platt/Getty Images
More gains in the stock market are likely as a staggered global economic recovery unfolds, JPMorgan said in a note on Thursday. "While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market," JPMorgan said. These are the 3 factors that will support a continued rise in risky assets like stocks, according to JPMorgan. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The stock market has more room to the upside as a staggered global economic recovery unfolds, JPMorgan said in a note on Thursday. China...
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Biden's tax hike could drag S&P 500 profit growth to a near-standstill next year, says Goldman's chief US stock strategist

14 days ago   |   By

Drew Angerer/Getty Images
Tax increases could weigh on the S&P 500's earnings growth in 2022, Goldman's Kostin told CNBC.
The chief US equity strategist said profit growth could be as low as 2% if all of Biden's proposals pass.
However, he anticipates not every proposal within the plan will pass.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Corporate tax hikes out of Washington could put a dent in the S&P 500 's earnings growth in 2022, Goldman Sach's David Kostin told CNBC on Thursday.
The chief US equity strategist said that if the entirety of President...
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The stock market could soar 40% as the bull market enters its 3rd inning, Wharton professor Jeremy Siegel says

14 days ago   |   By

Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images
The bull market in stocks is just getting started, according to Wharton professor Jeremy Siegel. Siegel said the stock market could surge 40% from here before it stages a 20% correction. "I have never seen a Fed Chairman so dovish," Siegel said of Jerome Powell in an interview with CNBC. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The bull market in stocks is just getting started as it enters its third inning, Wharton professor Jeremy Siegel said in an interview with CNBC on Thursday. Siegel said...
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