John Hancock: Weekly Market Recap Week Ended September 3rd
August’s achievements Despite sustaining a midmonth decline, the S&P 500 recovered to record its seventh positive month in a row, posting a return of about 3% in August. The index reached 12 record closing highs in the month versus 7 in July. Growing optimism Wall Street analysts’ expectations for the earnings report season […]
Goldman Sachs: What’s Next After 100%
On August 16, the S&P 500 Index closed at 4480, 100% higher than the low on March 23, 2020. Hitting the 49th new high of the year, with full valuations and decelerating growth, many investors are asking “where do we go from here?” In our view, the answer is probably up. We heard similar questions […]
Alliance Bernstein: Can Advanced in Technology Keep a Lid on Inflation?
Technology is advancing at a rapid pace, exerting downward pressure on prices. But will this deflationary bias be enough to offset the impact of a new, higher-inflation regime? History suggests that won’t necessarily be the case. Many would argue that technology is advancing faster than at any period in human history. Whether that’s right […]