Where wealthy Americans think market and economy will be at end of 2020
Independents are in the middle again, but leaning towards the Democrats on economic and market issues, with 43% of those politically identifying as Independents saying the economy will be weaker. A slim majority of Independents say the S&P 500 will end the year either flat or down.
Looks like a perfect opportunity for volatility to strike, but volatility does not guarantee we will end the year either up or down.West said as we continue to draw closer to the November 2020 election, his firm is of the belief that millionaires will get more and more skeptical about the economy due to election uncertainty. "The volume level around the election will continue to get louder and louder," he said.
"This entire year of positive strong returns in the S&P is based on P/E expansion, not earnings. That means investors are enthusiastic about stocks. Now corporations have to live up to the hype," Goldberg said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Fed rescued the US economy in 2019, but Trump wants more help in 2020At the Fed's final meeting of the year, Jerome H. Powell, the chairman of the Federal Reserve, and his colleagues signaled they would be sitting on the sidelines for some time.
Weiterlesen »
US Travel: 25 Best Places To Visit In 2020Where do you want to visit next? Travel experts reveal the top places to go in the USA in 2020.
Weiterlesen »
Why GM is developing technology for self-driving vehicles for the US militaryGM is gambling that the military will want to buy its car technology to use on military vehicles. That's why the automaker started GM Defense.
Weiterlesen »
Kate Miner’s Tragic Journey Through the U.S. Indian Health ServiceAn X-ray found clear signs of cancer. What happened next showed the federal agency’s systemic failures, from poor record-keeping to confusing communication to inadequate testing.
Weiterlesen »
U.S. government says verdict in Bayer's Roundup case should be reversedThe U.S. Environmental Protection Agency and the Justice Department said a feder...
Weiterlesen »
50 Cent Rents Out Toys 'R' Us, Lets Son Have Anything For ChristmasFitty went all out for his son this year.
Weiterlesen »