HEI: Powell press conference showed why Fed should stop talking
THE HEISENBERG writes: If you took anything away from the past 24 hours in markets, it ...
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The Heisenberg writes: “Ok, sports fans, the Street’s most celebrated analyst is out with his 2019 outlook and for those of you who are reasonably constructive on equities headed into the new year, there’s a lot to like. The bottom line is that JPMorgan’s Marko Kolanovic is headed into 2019 long equities and underweight bonds. He sees S&P EPS growth running at 8% in the new year and his S&P target is 3,100.”
The S&P 500 currently trades at 2,649.95, which implies a 16.9% pre-tax upside.
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