Another 27% drop in S&P 500 could come if inflation hawks are right, Goldman Sachs team warns

Not exactly this week’s TGIF. Sell-sides are increasingly recognizing that not only is the Fed about to get aggressive in September following recent shock inflation numbers, but that the central bank is pushing rates higher and longer. that it must be maintained. British Pound GBPUSD, -0.73%, In some respects, the , a measure of financial … Read more

Bullish traders may like this surprising contrarian signal

But disciplined investors will be wary. Neither the recent bulls nor the bears would benefit from assuming that the march in either direction could be sustained for long without a sharp reversal. For example, the S&P 500 SPX within the last 6 months, +0.61% 16% down, 7% up, 12% down, 17% up, 9% down. So … Read more

UiPath shares drop 16% after outlook cut

UiPath Inc. shares fell in Tuesday’s extended session after the ‘software robot’ provider cut its full-year forecasts on foreign currency headwinds and macroeconomic uncertainty. UiPath path, -3.17% After closing at $15.59, well below its April 2021 IPO price of $56, it fell about 16% after hours after losing 3.2% in regular sessions. Stocks have fallen … Read more

This money manager warns that the bear market in equities still has a long way to go. Two strategic moves he’s making are:

As if everyone wasn’t nervous enough, bubble expert Jeremy Grantham warns that we’re facing the final throes of the superbubble. , he has been making crash calls for about ten years.) Still, if the big ones are out there, it helps to prepare. today’s call Real Investment Advice portfolio manager Michael Lebowitz believes we may … Read more