Sondaggio di DB non da i risultati sperati
Muted Gains Seen for S&P 500 in 2022, Deutsche Bank Survey Shows
Respondents expect U.S. benchmark to gain just 4.2% in 2022
The results are consistent with a Bloomberg survey of equity strategists last month which showed an average target of 4,843 for the S&P 500 at end-2022, implying upside of around 3.8% from current levels. The estimates compiled showed a 20% range between the highest and lowest forecasts -- the second-widest in a decade, reflecting growing uncertainty as the post-pandemic economic rebound moves past its peak.
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La forza scorre ancora potente nel buy on dip
Dip Buyers Scoring Historic Win in Stocks That Defy Bond Warning
S&P 500 has best week in 10 months in face of Covid, Fed risks
The dip-buying strategy has rewarded investors throughout the year after big down days. Since January, the index has posted 19 sessions of dropping more than 1%. Thirteen of them were immediately followed by an up day. The 68% win rate is poised to be the third-best for any year since 2007.
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Secondo Citi i bond non credono all'inflazione:
Bond Market Shows Inflation Is Transitory, Citi’s Bailin Says
Inflation will normalize to about 2.5%, 10-year yield near 2%
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Prossima settimana aumentano velocità tapering e primo rialzo tassi a Giugno
Fed Seen on Track to Quicken Taper After Latest Inflation Print
The Fed is currently scheduled to complete its asset-purchase program in mid-2022 under a plan announced at the start of November to slow buying by $15 billion per month. Economists say the November CPI reading adds to evidence that the central bank will announce a quickening of that pace at its next meeting, setting it up to raise rates from near zero sooner as well.
Interest rate futures currently signal around 67 basis points of Fed tightening next year, about 5 basis points less than before the inflation numbers were released.
“We have the first hike in June, we used to have September, we recently moved everything up by three months,” said Jennifer Lee, senior economist at BMO Capital Markets. “I think this report basically puts them on that track.”