The S&P 500 Index’s rise in recent weeks puts it within shouting distance of its record high, set in January 2022. Yet some analysts warn that the narrow leadership of Big Tech stocks leaves the market vulnerable.
Daily Archives: December 19, 2023
Macro Briefing: 19 December 2023
* Red Sea attacks threaten global supply-chain disruption
* Is the appetite for rising US debt near a limit?
* Overtightening risk suggests rate cuts needed, says Fed official
* Poll finds renewed demand for stocks fueled by expectations for rate cuts
* Bank of Japan maintains ultra-easy policy amid ‘extremely high’ uncertainties
* Goldman Sachs lifts S&P 500 forecast on high confidence for rate cuts
* US home builder sentiment rises in December for first time in 5 months: