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

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