Posted on 06/24/2022 11:05:38 AM PDT by RomanSoldier19
The prospects of a soft landing seem more remote by the day. Economists and CEOs say a recession is likely, if not imminent. Even Fed Chairman Jerome Powell now calls a downturn “a possibility,” extraordinarily bearish talk for a central banker.
Add to that an energy crunch, a food crisis, war, runaway inflation, profit warnings, layoffs, and you can see why stocks have tumbled into a bear market, giving investors the worst start to a year in a half-century.
And yet equities analysts look out on the benchmark S&P 500 and see no reason for investors to change strategy. They rate stocks an overwhelming buy, and that’s puzzling stock market watchers.
“Despite higher inflation, rising interest rates, military conflict in Ukraine, fear of recession, and stock price declines, analysts continue to have an unusually high number of buy ratings on stocks in the S&P 500,” John Butters, the senior earnings analyst at FactSet, pointed out in a recent research note.
(Excerpt) Read more at finance.yahoo.com ...
Because more consumers will now be born 🤪
Not a huge surprise. A lot of stocks are down 50% or more from their high.
Lol. What else would they say?
This is very easy to explain. If people stopped buying stocks, Wall Street operators will be out of jobs.
It’s like asking a realtor “when is a good time to buy a house?”
Now of course.
All my stock dividends are reinvested in stocks, fwiw.
Of course they advise that they need some sucker to dump all their stocks on
True, but when stocks have dropped a lot is historically when its a good time to buy. Retail investors tend to buy high and sell low - the exact opposite of what you need to do to outperform over time.
EXACTLY——Self serving
a face-ripping bear market rally.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.