Central banks are relentlessly raising interest rates to curb inflation – even at the expense of economic growth – giving rise to fears of a recession. Goldman Sachs said it believes the U.S. is set for a “soft landing. The bank’s European chief economist Jari Stehn expects Europe to tip into a recession this quarter … Read more
Small-cap stocks are having a tough time, even by this year’s bear market standards. But Goldman Sachs’ Peter Oppenheimer thinks the worst may be over for smaller companies, naming several stocks he likes in the space. “Small caps are down 34% year-to-date. They have underperformed large caps by 20%. This is the worst start since … Read more
Last week’s drop of more than 4% in the S & P 500 was not unusual. In the current quarter alone, the large-cap index has moved by a similar amount seven times. How do professional investors trade in the midst of such volatility and what do they buy? Hedging bets Speaking on CNBC’s “Pro Talks,” … Read more
Investors should pay close attention to two very different UK stocks right now, according to SVM Asset Management chief investment officer Neil Veitch, who named financial group Lloyds Bank and sportswear retailer JD Sports. Speaking to CNBC Pro Talks on Thursday, Veitch explained his choices: Lloyds, he believes, will be able to weather a UK … Read more
Many investors have put their worries about inflation on the back burner thanks to a strong stock market rally in the second half of the year. But those concerns are resurfacing, with a pullback in stocks this week and US Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole. An easing of inflationary pressures in … Read more
Pella Funds Managements Jordan Cvetanovski has named two retail stocks that he says stand out and are likely to ride out the current market volatility. Cvetanovski, chairman of the board, investment manager and portfolio manager at Pella, named US discount store Dollar General and UK clothing retailer JD Sports as choices under CNBC Pro Talks. … Read more