Inflation euro zone November 2021

A sign showing entry only “2G”, which is the German term for people who have been vaccinated against or recovered from the coronavirus. Jens Schluetter | Getty Images News | Getty Images Preliminary data on Tuesday showed that the inflation rate in the euro zone rose to a record high in November, raising more questions … Read more

Massive inflation to likely push Fed to hike rates 6 times: Federated

The bull in the market has long been tempering its expectations due to inflation. Phil Orlando of Federated Hermes expects the Federal Reserve to raise interest rates six times over the next two years to tame massive price increases from cars to shelter and food. “Our best guess is that we will see quarter-point rate … Read more

Market is a bad inflation report away from correction: Jeremy Siegel

Long-term market bully Jeremy Siegel expects a serious downturn unrelated to the risks of an increase in Covid-19. Its turning point: a radical change in Federal Reserve policy in order to deal with severe inflation. “If the Fed suddenly gets tougher, I’m not sure the market will be ready to turn around [chair] Wharton finance … Read more

Entirely possible that we’ll see low interest rates forever

The Marriner S. Eccles Federal Reserve Building is located in Washington, DC, United States, on Tuesday, August 18, 2020. Erin Scott | Bloomberg via Getty Images Interest rates could remain at record lows “forever,” according to one asset manager, despite the recent push to normalize policy by many of the world’s central banks. Julian Howard … Read more

This is going to be one of the best Christmas seasons ever: Ed Yardeni

Ed Yardini offers the long-running market bull a dose of year-end optimism. Yardini, who is known for managing investment strategy at Prudential and Deutsche Bank, expects the holidays to boost stocks deeper in record territory. “This is going to be one of the best Christmas seasons ever,” Yardeni’s head of research told CNBC’s Trading Nation … Read more

Market is melting up to new records, but 2022 looks rough: Wells Fargo

Chris Harvey’s reign as the biggest bull of the year won’t extend into next year. The head of equity strategy at Wells Fargo Securities, whose target for the 2021 S&P 500 index is 4,825, expects Wall Street to see a vibrant rally at the end of the year and then see a 2022 loss. “It’s … Read more