Inflation frustration may prompt Fed to dial back rate-cut outlook

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3 big market things every investor should know - RBC

March 18, 2024 12:00 PM EDT

In a note this week, analysts at RBC Capital discussed three things every investor should know about the current market.

The first is energy, with analysts at the bank noting it has been one of the best sectors in the S&P 500 since January.

"One of the charts that caught our eye in our end-of-week updates highlights how Materials, Energy, and Industrials have been the best-performing S&P 500 sectors since the end of January," said RBC analysts.

Energy, along with industrials and materials, has seen a modestly positive correlation between... More

Goldman Sachs raises US real GDP growth forecast

March 18, 2024 8:29 AM EDT

Goldman Sachs upgraded its US real GDP growth forecast in a note Monday, reflecting elevated immigration.

One of the biggest puzzles of the last year has been that the labor market has continued to rebalance, and the unemployment rate has increased somewhat despite surprisingly strong payroll and GDP growth.

Goldman Sachs believes the explanation... More

JPMorgan neutralizes US vs Eurozone stock market preference

March 18, 2024 8:10 AM EDT

Analysts at JPMorgan said in a note Monday that they are neutralizing the US vs. Eurozone preference due to several reasons.

The bank cut the Eurozone to Underweight vs. the US in early May 2023 and has preferred the US since. However, it is now closing the US over Eurozone Overweight, with the Eurozone trading the cheapest compared to the US... More