Bloomberg (September 24)
“As the likelihood of additional federal stimulus fades, U.S. stock investors are returning their focus to the coronavirus pandemic and not liking what they see.” Consumers are again cutting back and “the prospects for a vaccine in the next few months have also waned just as the latest data shows an uptick in cases.” Moves by the Federal Reserve and “$3 trillion of federal stimulus helped fuel a torrid five-month rally that began in March,” but “their limitations have become clear.”
Tags: Consumers, Coronavirus, Cutting back, Fed, Limitations, Pandemic, Rally, Stimulus, Stock investors, U.S., Uptick, Vaccine
Financial Times (July 2)
“Some of the biggest investment banks and fund managers have advised their clients to take profit from the dizzying rally on Wall Street that followed the mid-March crash. Instead, they say, look to Europe.”
Tags: Advised, Clients, Crash, Dizzying, Europe, Fund managers, Investment banks, Profit, Rally, U.S., Wall Street
The Guardian (June 21)
“There have been so many reasons to feel embarrassed about Donald Trump:” from porn stars to drinking bleach to kill the coronavirus. “But nothing truly comes close to the embarrassment of his so-called comeback rally in Tulsa, Oklahoma, on Saturday. It was so toe-curlingly cringeworthy, such a crushing humiliation. There are 80s pop bands who have enjoyed greater comebacks than Donald Trump.”
Tags: Bleach, Comeback, Coronavirus, Cringeworthy, Crushing, Embarrassed, Humiliation, n Tulsa, Porn stars, Rally, Trump
Barron’s (June 3)
“The stock market’s rally in recent weeks has felt awfully disconnected from the grim reality on the ground. And that only felt more true as protests erupted around the country…. Investors, however, are motivated by fear and greed, and right now both are helping—fear of missing out and greed as the market goes higher.”
Tags: Disconnected, Fear, Greed, Grim, Investors, Missing out, Motivated, Protests, Rally, Reality, Stock market
Equities.com (May 30)
“Ultimately, we believe at present that the majority of important economic, financial, and market indicators, as well as the established historical pattern, suggest that a final period of rally and exuberance lies ahead before the bull market that began in March 2009 finally ends. It may be that this rally is led by smaller U.S. companies, by non-U.S. companies, or by commodity-oriented stocks. The culmination of the rally could take place later this year, or more probably be delayed until 2019 or 2020.”
Tags: Bull market, Commodity, Companies, Economic, Exuberance, Financial, Indicators, Market, Rally, Stocks, U.S.
Wall Street Journal (December 31)
“Global stock benchmarks have surged to multiyear highs or records this year, boosted by a rally in shares of technology companies, a synchronized pickup in growth around the world, and unexpectedly benign inflation readings that have kept central bank policy ultraloose.”
Tags: Central banks, Global benchmarks, Rally, Records, Stocks, Surged, Technology Inflation, Ultraloose
Wall Street Journal (August 21)
“Investors are running out of reasons to keep buying U.S. stocks, exposing a growing number of warning signs. The historic calm that enveloped U.S. stocks for much of this year has been upended twice in the past two weeks…. It is too soon to call the end of the eight-year bull market, investors, traders and analysts say, but many agree the indiscriminate optimism that characterized the postelection rally is evaporating.”
Tags: Analysts, Bull market, Indiscriminate, Investors, Optimism, Rally, Stocks, Traders, U.S., Warning signs
Wall Street Journal (January 31)
“Political disruption has its uses but not if it consumes your Presidency in the process.” Donald Trump “seems determined to conduct a shock and awe campaign to fulfill his campaign promises as quickly as possible, while dealing with the consequences later.” Unfortunately, governing effectively “is more complicated than a campaign rally” and the “bonfire over his executive order on refugees shows that government by deliberate disruption can blow up in damaging ways.”
Tags: Awe, Blow up, Consequences, Damaging, Disruption, Executive order, Governing, Government, Presidency, Promises, Rally, Refugees, Shock, Trump
Washington Post (September 27)
“The global marketplace may tell the larger story” about the presidential debate. “As the evening concluded, thanks to Clinton’s obvious dominance, as well as her assertion that a Clinton presidency would honor U.S. commitments abroad, the Asian markets recovered, the Mexico peso rallied, and Dow futures added 100 points.”
Tags: Asian markets, Clinton, Dominance, Dow futures, Global markets, Honor, Mexico, Peso, Presidential debate, Rally, U.S. commitments
Institutional Investor (July 29)
U.S. REITs have soared on a “torrid rally.” Though the momentum will slow, strong fundamentals should underpin the sector, which is also benefiting from negative interest overseas. “The economy’s seven-year recovery should sustain real estate demand.” Moreover, “banks’ conservative real estate-lending policies in the wake of massive losses during the financial crisis should continue to limit supply.”
Tags: Banks, Demand, Financial Crisis, Fundamentals, Lending, Negative interest, Rally, Real estate, Recovery, REITs, Supply, U.S.
