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April 30, 2021

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The Hill’s 12:30 Report – Fauci predicts significant ‘drop’ in COVID cases as vaccinations near threshold

TheHill
USA TODAY – For more and to sign up click here Cate Martel To view past editions of The Hill’s 12:30 Report, click here: http://bit.ly/1M1mIfw  To receive The Hill’s 12:30 Report in your inbox, please sign up here: http://bit.ly/1Tt4hqN –> A midday take on what’s happening in politics and how to have a sense of humor......

10-year Treasury yields will break out of slump within weeks, Wells Fargo predicts

CNBC
CNBC – For more and to sign up click here The 10-year Treasury Note yield may be on the verge of breaking out of its slump. After stabilizing over the past several weeks, Wells Fargo Securities’ Michael Schumacher predicts the current risk backdrop will re-energize yields in the coming weeks.......

Market bull predicts stocks could surge another 8% by July, but lacks clarity on rest of year

CNBC
CNBC – For more and to sign up click here With stocks at all-time highs, one of Wall Street’s biggest bulls is taking his optimism up a notch. Federated Hermes’ Phil Orlando believes the S&P 500 could hit his year-end price target of 4,500 by July, which implies about an 8%......

Earnings season should boost hot financial stocks, RBC’s top bank analyst predicts

CNBC
CNBC – For more and to sign up click here One of the year’s hottest trades may get a boost from earnings season. RBC Capital Markets’ Gerard Cassidy expects financials to exceed Wall Street expectations when they start reporting this week. “The big beats are likely to come from the......

Blackstone’s Byron Wien predicts correction before stock market ends year higher than now

CNBC
CNBC – For more and to sign up click here Blackstone‘s Byron Wien on CNBC on Friday projected that Wall Street will get hit by another correction before the bull run resumes and stocks end the year higher than current levels. Inflation will shoot up faster than most forecasts, which......

Jamie Dimon predicts an economic boom that ‘could easily run into 2023.’

@BreaknNews
The annual letter to shareholders by JPMorgan Chase’s chief executive, Jamie Dimon, was published early Wednesday. The letter, which is widely read on Wall Street, is not just an overview of the bank’s business but also covers Mr. Dimon’s thoughts on everything from leadership lessons to public policy prescriptions. “The......

More retail pain ahead: UBS predicts 80,000 stores will close in the U.S. by 2026

CNBC
CNBC – For more and to sign up click here A Jos. A. Bank store location in San Francisco announces its permanent closure on Aug. 6. David Paul Morris/Bloomberg via Getty Images Although the pace of store closures has slowed from its 2019 peak, don’t expect the reprieve to last......

Parts of big tech and health care will bloom this month, BTIG’s Julian Emanuel predicts

CNBC
CNBC – For more and to sign up click here Some struggling Big Tech names may make a comeback this month. BTIG’s Julian Emanuel is targeting a corner of the market that isn’t directly correlated to economically sensitive trades as the second quarter begins. “The plays that have benefited the......

‘Red hot’ economy would withstand 10-year Treasury yields at 3%, market bull Ed Yardeni predicts

CNBC
CNBC – For more and to sign up click here Wall Street bull Ed Yardeni expects inflation to make a comeback. Yardeni predicts current market conditions will push the benchmark 10-year Treasury Note yield between 2.5% and 3% within the next 12 to 18 months. “[It’s] not enough to really clobber......

Chet Hanks Predicts a “White Boy Summer” Is Coming, Gets Hilariously Dragged By the Internet – E! Online

eonline
Another day, another viral moment on the Internet. This time, however, Chet Hanks is the center of attention after posting an Instagram video, in which he proclaimed a “white boy… E! Online – For more and to sign up click here To Return to the Main Aggregate News Page –......

Baby boomers next to jump into crypto, Galaxy Digital’s Novogratz predicts

Reuters
By Anna Irrera, Tom Wilson LONDON, March 25 (Reuters) – Wealthy baby boomers will be the next generation to jump into cryptocurrencies as they become more mainstream, potentially bringing billions of dollars to the rallying sector, said Mike Novogratz, founder of crypto firm Galaxy Digital. “It could be as much......

Investors will get temporary relief from falling Treasury yields this spring, market forecaster Jim Bianco predicts

CNBC
CNBC – For more and to sign up click here Investors may get a break from the market’s wild swings. Wall Street forecaster Jim Bianco expects stocks to get a boost this spring because the benchmark 10-year Treasury Note yield will temporarily retreat. “The near-term forecast is it’s oversold, and......

As Fed gets ready to deliver its interest rate decision, Wells Fargo predicts the 10-year yield could reach 2.25% this year

CNBC
CNBC – For more and to sign up click here Don’t rule out a 10-year Treasury Note yield as high as 2.25% this year. That’s the message from Wells Fargo Securities’ Michael Schumacher, ahead of Wednesday’s Federal Reserve interest rate decision. “The fiscal stimulus is enormous, and the vaccine rollout......

Samantha Markle Predicts Divorce for Meghan & Prince Harry

TMZ
Play video content Exclusive TMZ.com Meghan Markle‘s estranged half-sister has gone from armchair psychologist to marriage counselor for the Duke and Duchess of Sussex, but not a very hopeful one … because she’s predicting divorce. Samantha Markle — who has no relationship with Harry or Meghan and has never been......

Dick’s Sporting Goods shares fall as retailer predicts slowing sales in year ahead

CNBC
CNBC – For more and to sign up click here A Dick’s Sporting Goods store Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday topped Wall Street’s fourth-quarter estimates, as shoppers continued to buy equipment and apparel for outdoor activities and home workouts during the pandemic. Shares......

Xpeng predicts it will deliver fewer electric cars than Nio

CNBC
CNBC – For more and to sign up click here Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese electric car maker Xpeng forecast it will deliver far fewer cars......

‘Significant long-term scarring’ in services will limit pent-up consumer demand and suppress inflation, economist Stephen Roach predicts

CNBC
CNBC – For more and to sign up click here Economist Stephen Roach said Monday he believes Wall Street is overestimating a consumer comeback. According to the Yale University senior fellow, demand will snap back like a rubber band later this year as the V-shaped recovery loses momentum. “With vaccines rushing......

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