At the beginning of August, recession fears spooked Wall Street and took the Nasdaq down over 7% sending global markets lower as well.
Despite my optimism for stocks over the next year or so, there could be some tricky times short term. But I’m confident about how I’m going to play the next nine months, which is a critical time period. Let me explain why…
When Fed boss Jerome Powell took the stage at the central bank conference at Jackson Hole, Wyoming overnight, he didn’t let stock players down.
I love quality companies when the market has a short-term hate session on a business. And here are five I like.
Last week there was blood in the streets in the ‘town’ of New York as recession fears hit Wall Street, the Nasdaq in Times Square and stock markets of the world
The rotation out of big US tech companies became a worry last week when US recession fears were added to the mix. So the question becomes: should we be exiting local tech stocks like Xero, NextDC, Audinate, Megaport and Wisetech?
The greatest lesson and insight from this week’s brutal market sell off (and then the rebound that produced the best day since November 2022 for the S&P 500) was the prevailing market belief that there’s another leg up for stocks.
Just when the data drops in the US were telling us that inflation was falling, rates were about to be cut and the Fed had engineered a soft landing, along came a weaker-than-expected jobs report that has led to recession fears. So, should you be afraid?
With US recession fears now on the rise, it’s timely to say, ‘be careful of what you wish for’! Economists and market influencers have been wanting an economic slowdown in the US to see rate cuts happen to give another leg up for stocks, but have they wished too hard?
In this article I argue the great Aussie stocks in the top 20 list — my Heaven Eleven group — have spiked incredibly in a year but it might be time to look at the other 189 stocks in the S&P/ASX 200 Index.
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