Earnings Preview: Evercore to Report Financial Results Pre-market on October 23
Investors are looking forward to economic forecasts, but the Federal Reserve has been stuck in a six-week data cycle.
Federal Reserve Chairman Powell has repeatedly emphasized over the past few months that interest rate decisions will be based on upcoming data releases and will be determined according to each meeting's circumstances. The Fed will release a summary of each decision-maker's quarterly economic forecasts, but Powell said that only reflects their views at that time. He stated in the final press conference on September 18, "Our actual actions will depend on the economic performance." This may sound reasonable, but it is quite unusual in terms of monetary policy. Central banks usually pay attention to the latest economic data and use it as a guide when the short-term outlook is highly uncertain. However, doing this for a long time has made some investors and economists doubt Powell's decisions.
Trump-Harris Race: Georgia Judge Overrules Republican-Enforced Election Rules Ahead Of Crucial November Elections: 'No Constitutional Authority To Promulgate'
Donald Trump Extends Betting Odds Lead To 58:42—Here's How Kamala Harris Plans To Reverse The Trend
Apple's stock price hit a new historical high during the trading day, driven by artificial intelligence to heat up the uptrend.
Apple's stock price rose 2.7% in Tuesday's trading session, hitting a record high for the first time since July. The stock continues its recent uptrend; it has risen 14% from its low point in August. The company recently launched a new iPad mini with Apple Intelligence ai function. Apple also received a "tactical outperformance of large cap" rating from Evercore ISI. Melius Research is bullish on the stock, citing an "unprecedented buyback" and indicating that growth is accelerating. Analyst Ben Reitzes expects "iPhone to welcome
Apollo's CEO: The past 15 years of good fortune in the global asset management industry has come to an end, and in the future, we need to seize these four huge opportunities.
Marc Rowan stated that in the past fifteen years, Apollo's management assets have grown by 16 to 17 times, actually surpassing apple and microsoft, but the lucky streak of the past 15 years has ended, and in the future, we need to seize four huge opportunities - global industrial revival, huge capital needs of global large companies, retirement market with a large demand for fixed income, and rethink the public and private market.
NRG Was Most Shorted S&P 500 Utilities Stock in September for Third Consecutive Month
Harris, Trump Tied in Battle for Swing States, WSJ Poll Shows -- WSJ
Trump Vs Harris: Democratic Candidate Holds Narrow Lead Over Ex-president In Tightening Race, New Poll Shows
Morgan Stanley Maintains Evercore(EVR.US) With Buy Rating, Raises Target Price to $308
Evercore to Announce Third Quarter 2024 Financial Results and Host Conference Call on October 23, 2024
Express News | Evercore Inc : UBS Raises Target Price to $265 From $255
Those Who Invested in Evercore (NYSE:EVR) Five Years Ago Are up 280%
Wall Street strategist Yardeni said that the Fed's rate cut has increased the possibility of a stock market "melt-up".
Wall Street strategist Ed Yardeni stated that benefiting from the significant interest rate cut by the Federal Reserve last week, US stocks may soar to new highs, but if central bank officials are not cautious, it may also lead to a resurgence of inflation. The latest policy decision will cause stock prices to 'completely melt up' - just like the S&P 500 index surged 220% from 1995 to the end of the last century during the internet bubble era - increasing the likelihood from 20% to 30%. He believes there is an 80% chance of a bull market, with the remaining 20% possibility similar to the situation in the 1970s, when global stock markets were turbulent due to inflation and geopolitical tensions. But.
Evercore Is Maintained at Overweight by Morgan Stanley
Morgan Stanley Maintains Evercore(EVR.US) With Buy Rating, Raises Target Price to $306
UBS Group: Harris' victory will be bullish for utility bonds, while Trump will boost energy.
The Head of Credit Strategy at UBS Group stated that if Harris wins the election, it will boost bonds in industries such as utilities. Trump, on the other hand, will boost industries such as energy.
Harris In Trouble? New Swing State Poll Shows Trump Gains Ground In Key Battleground Areas For 2024 Election
Market Chatter: Evercore Tapped by Vista Equity Partners to Sell Finastra's Unit
Over a hundred former Republican officials have written an open letter supporting Harris: Trump is not suitable to regain the White House.
① These Republican officials have served in institutions such as the White House, Department of Defense, Department of Treasury, Department of State, Department of Justice, Department of Homeland Security, and Congress; ② These officials have expressed that although there may be policy differences with Harris, these concerns seem insignificant compared to the "chaos and unethical behavior" exhibited by Trump.