Dow Jones, Nasdaq, S&P 500 weekly preview: Better than feared Q2 results, worse than expected reactions
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We no longer anticipate a U.S. recession in this calendar year - JPMorgan
August 7, 2023 8:06 AM EDTMichael Feroli, Chief economist and head of global economic research at JPMorgan, no longer anticipates a U.S. recession this year.
The change in sentiment comes as the U.S. economy continues to expand at a healthy pace.
Given this growth, we doubt the economy will quickly lose... More
This is when S&P 500 correction may end - Oppenheimer
August 7, 2023 6:47 AM EDTOppenheimer technical analyst Ari H. Ward remains bullish on the U.S. stock market but acknowledges the risk that equities may correct lower in the near term.
We reiterate the risk of a seasonal correction, and the longerterm positives that indicate such a setback should prove an opportunity to... More
