Ned Davis Research Shifts to Bullish on Equities - Bloomberg

Go back to Ned Davis Research Shifts to Bullish on Equities - Bloomberg

Instacart's Growth Continued in Q2 Ahead of IPO - WSJ

August 22, 2022 3:44 PM EDT

US grocery delivery firm Instacart experienced significant growth during the pandemic, as consumers flocked to the service during lockdowns.

That growth continued in the second quarter, with consumers sticking to online grocery deliveries despite soaring inflation and store reopenings ahead of its initial public offering, the WSJ said on Monday.

The company is preparing to go public later this year... More

'Positioning and Declining Inflation to Support Further Recovery' - JPMorgan

August 22, 2022 1:52 PM EDT

JPMorgan analyst Marko Kolanovic told investors in a note Monday that declining inflation and very low investor positioning will support a further recovery in markets.

The analyst also maintained their stance that inflation will resolve on its own as "distortions fade, and likely drive a Fed pivot, while a stronger H2 recovery in China should provide support for the global cycle."

"This, in combination... More

Fed Tightening Expectations Still Driving Near-Term Crypto Markets - Morgan Stanley

August 22, 2022 12:01 PM EDT

Speaking on cryptocurrency markets, Morgan Stanley analyst Sheena Shah said in a note to clients Monday that Fed tightening expectations are still driving near-term crypto markets.

Shah added that institutional crypto deleveraging appears to have paused as stablecoin market cap, an indicator of crypto liquidity, stopped falling, but leverage demand is subdued.

"Stablecoin availability is a sign of liquidity... More

UK Inflation to Hit Over 18% Next Year - Citi

August 22, 2022 9:59 AM EDT

Citi analyst Benjamin Nabarro said in a note to investors Monday morning that they expect UK inflation to hit 18% in the first quarter of 2021.

The analyst said in light of recent developments, they have updated their inflation profiles based on the assumption of a £300 policy offset applied to household energy bills from October through to 2024.

"We now expect CPI and RPI inflation to breach 18% and 21%... More