Interest rate spread

Wells Fargo’s Chris Harvey is reluctantly Street’s new biggest bull

by
Wells Fargos Chris Harvey Is Reluctantly Streets New Biggest Bull.jpeg

Wall Street’s new biggest bull is growling a bit like a bear. Wells Fargo Securities’ Chris Harvey hiked his S & P 500 year-end price target by about 20% this week. However, he’s less than enthusiastic about the path of higher market prices. “It’s weird. This won’t sound great. But even though we were high … Read more

Time running out for rate cuts, Jim Bianco warns before Fed meeting

by
Time Running Out For Rate Cuts Jim Bianco Warns Before.jpeg

The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on hold until next year. “I’m in the camp that the Fed does not change policy in the summer of an election year,” the … Read more