Jan 27, 2026 | Markets
Goldman Sachs analyst Andrea Ferrario told clients in a note on Tuesday that investor sentiment has surged to its strongest point in years, with the firm’s Risk Appetite Indicator rising to 1.09, the “highest level since 2021” and in the “98th percentile since 1991.”...
Mar 27, 2025 | Markets
JPMorgan analysts estimate that the S&P 500’s fair value currently stands at 5400, suggesting the index is about 6% overvalued based on their long-term quant model. According to JPMorgan, the discount rate from their model is around 4.8%, compared to a 10-year...
Feb 29, 2024 | Markets
The Chicago Purchasing Managers’ Index (PMI) determines the economic health of the manufacturing sector in Chicago region. A reading above 50 indicates expansion of the manufacturing sector; a reading below indicates contraction. The Chicago PMI can be of some...
Dec 7, 2023 | Markets
Alphabet (NASDAQ:GOOGL) stock is up more than 3% in early New York trading on Thursday following the release of Gemini, described as Google’s “largest and most capable AI model” to date. Analysts have responded positively to this long-anticipated AI...
Jul 9, 2023 | Markets
Michael Smolyansky, a senior Fed economist, claims corporate profit growth will slow appreciably. His case rests on corporate tax rates and interest rates. Access to his white paper, The coming long-run slowdown in corporate profit growth and stock returns, can be...
