* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, September 27, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

‘Keep the rational, sell the trash’ and be aware of the two most important charts for 2024, says SocGen

January 12, 2024
in Business
‘Keep the rational, sell the trash’ and be aware of the two most important charts for 2024, says SocGen
Share on FacebookShare on Twitter

Markets managed to absorb a somewhat hotter-than-expected U.S. consumer inflation reading for December without much drama.

Now more attention can turn to the corporate earnings season, which slips into gear on Friday, led by financials.

If company results and forecasts are reasonably well-received by investors then the S&P 500 may reach a new closing record.

The benchmark on Thursday closed just 16 points, or less than 0.4%, off its previous peak of 4796.56, set at the start of January 2022.

So, given no significant earnings shocks, and if the market remains comfortable with Federal Reserve rate-cut projections, it makes sense to favor risk assets, according to Societe Generale.

Fundamental signals continue to improve, say the cross-asset strategy team at SocGen, led by head of U.S. equity strategy Manish Kabra. For example jobless claims, one of the key indicators of an imminent U.S. recession, are still far from alarming levels

But be warned, he adds, the sources of volatility are set to increase in the second and third quarters.

There are two main reasons for this, says the French bank in a note published before Thursday’s release of the U.S. consumer price index report.

First, U.S. disinflation, which has been the main driver of the rate cut hopes, may stall as “CPI moves out of its ‘easy comps’ phase in April,” says SocGen. “In the absence of recession it is unlikely to continue to trend lower, so bond market volatility will probably rise.”

Source: SocGen.

Second, the Nasdaq-100
NDX,
which with its heavy weighting of mega tech stocks, has been the main driver of U.S. equities’ earnings per share cycle, will also face tougher EPS comparisons after the second quarter, “and is therefore likely to show a slower pace of growth from 3Q onwards,” says SocGen.

Source: SocGen.

Importantly, Kabra and colleagues see a soft landing for the U.S. economy not delivering the slashing of borrowing costs that investors seem to be betting on.

“Non-recession Fed rate cuts are adjustments and not the start of the cutting cycle that the market is discounting,” the SocGen team emphasize.

Investors, therefore, should use the current “everything rally [to] keep the rational, sell the trash,” such as highly leveraged assets like high-yield credit and highly-indebted U.S. small caps, SocGen concludes.

The Russell 2000 Small-Cap index
RUT,
in which about 40% of companies are unprofitable, is up 12.8% over the last three months. The ARK Innovation ETF
ARKK,
is up 20.8% over the same period.

Markets

U.S. stock-index futures
ES00,
-0.21%

YM00,
-0.28%

NQ00,
-0.36%
are mildly mixed as benchmark Treasury yields
BX:TMUBMUSD10Y
hold just below 4%. The dollar
DXY
is a touch higher, while oil prices
CL.1,
+4.44%
rally and gold
GC00,
+1.56%
trades just shy of $2,050 an ounce.

Key asset performance

Last

5d

1m

YTD

1y

S&P 500

4,780.24

1.95%

1.29%

0.22%

20.01%

Nasdaq Composite

14,970.19

3.17%

1.41%

-0.27%

36.08%

10 year Treasury

3.978

-6.80

6.39

9.68

47.24

Gold

2,044.90

-0.38%

0.55%

-1.30%

6.34%

Oil

74.77

1.11%

4.17%

4.82%

-6.61%

Data: MarketWatch. Treasury yields change expressed in basis points

For more market updates plus actionable trade ideas for stocks, options and crypto, subscribe to MarketDiem by Investor’s Business Daily.

The buzz

The fourth quarter 2023 corporate earnings season kicks into gear with big banks to the fore, including JPMorgan Chase
JPM,
-0.42%,
Citigroup
C,
-1.77%
and Wells Fargo
WFC,
-0.08%,
reporting before the opening bell on Wall Street.

Brent crude
BRN00,
+4.28%
moved back above $80 a barrel after the U.S. and allies struck back at Yemen’s Houthi following the militia’s attacks on shipping in the Red Sea.

Tesla shares
TSLA,
-2.87%
are down more than 2% in premarket trading after reports the EV maker had cut the price of two cars in China.

BlackRock
BLK,
+0.03%
struck a cash-and-stock deal to buy Global Infrastructure Partners.

Burberry
BRBY,
-9.63%
shares fell nearly 9% after the fashion house cut its guidance, saying global luxury demand continued to slow during December’s key trading period.

U.S. economic data due on Friday includes producer prices data for December, published at 8:30 a.m. Eastern.

Minneapolis Fed President Neel Kashkari is due to speak at 10 a.m.

Taiwan will hold an election on Saturday that may prove crucial to U.S./China relations.

U.S. markets will be closed on Monday for Martin Luther King, Jr day.

Best of the web

The AI octopus.

Hunt for critical minerals draws world powers to Saudi Arabia.

Why the $6 trillion pile of cash in money-market funds isn’t heading to the stock market.

The chart

Japan’s Nikkei 225 stock index
JP:NIK
on Friday hit its highest level since February 1990. But things are looking stretched. The benchmark’s 14-day relative strength index (bottom line), a gauge of momentum, moved to 75, well above the overbought threshold of 70. Though, as we saw last year, it can go higher.

Source: Factset

Top tickers

Here were the most active stock-market tickers on MarketWatch as of 6 a.m. Eastern.

Ticker

Security name

TSLA,
-2.87%

Tesla

NVDA,
+0.87%

Nvidia

INFY,
+3.98%

Infosys

MARA,
-12.60%

Marathon Digital

NIO,
-0.13%

NIO

AAPL,
-0.32%

Apple

GME,
-3.05%

GameStop

AMC,
-4.28%

AMC Entertainment

AMZN,
+0.94%

Amazon.com

COIN,
-6.70%

Coinbase Global

Random reads

Ten-foot aliens in Brazil.

Meanwhile, in the Amazon, valley of 2,000 year-old cities found.

Like dressing up? Reckon you’re blue-blooded? Crave bananas? There’s a job for you.

Need to Know starts early and is updated until the opening bell, but sign up here to get it delivered once to your email box. The emailed version will be sent out at about 7:30 a.m. Eastern.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MarketWatch – https://www.marketwatch.com/story/keep-the-rational-sell-the-trash-and-be-aware-of-the-two-most-important-charts-for-2024-says-socgen-af5a743c?mod=mw_rss_topstories

Tags: “KeepbusinessRational
Previous Post

A $45 Stanley water bottle is everything that’s wrong with America right now

Next Post

BlackRock to acquire Global Infrastructure Partners for $3 billion in cash and 12 million shares

Hawaii women’s volleyball team prepares to get creative for Big West play – Spectrum News NY1

Hawaii women’s volleyball team prepares to get creative for Big West play – Spectrum News NY1

September 27, 2025
Hypertension – World Health Organization (WHO)

Hypertension – World Health Organization (WHO)

September 26, 2025
In Kansas City, Secretary Rollins Speaks on State of Farm Economy, Announces Suite of Actions to Support American Farmers – USDA (.gov)

Secretary Rollins Launches Bold New Initiatives to Boost Kansas City’s Farm Economy and Empower American Farmers

September 26, 2025
Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

September 26, 2025
Vandalia Health Mon Stonewall Jackson Memorial Hospital to host blood drive Sept. 29 – Mon Health

Vandalia Health Mon Stonewall Jackson Memorial Hospital to Host Life-Saving Blood Drive on September 29

September 26, 2025
Special congressional election sees 3% voter turnout in Nashville: Week in politics – The Tennessean

Nashville’s Special Congressional Election Draws Just 3% Voter Turnout

September 26, 2025
Ecological burns slated for Corvallis area this weekend – NPR for Oregonians

Ecological Burns Set for This Weekend to Revitalize Corvallis Habitats

September 26, 2025
Beijing International Week for Science Literacy Wraps Up with Focus on AI-Driven Communication – The Korea Herald

Beijing International Week for Science Literacy Wraps Up Highlighting AI-Powered Communication Innovations

September 26, 2025
Science & Society: September 2025 – Yale School of Public Health

Science & Society: September 2025 – Yale School of Public Health

September 26, 2025
New Mexico Prickly Pear Festival expands to two-day event – Albuquerque Journal

New Mexico Prickly Pear Festival Grows into Exciting Two-Day Celebration

September 26, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (838)
  • Economy (859)
  • Entertainment (21,734)
  • General (17,260)
  • Health (9,902)
  • Lifestyle (871)
  • News (22,149)
  • People (860)
  • Politics (869)
  • Science (16,068)
  • Sports (21,359)
  • Technology (15,841)
  • World (842)

Recent News

Hawaii women’s volleyball team prepares to get creative for Big West play – Spectrum News NY1

Hawaii women’s volleyball team prepares to get creative for Big West play – Spectrum News NY1

September 27, 2025
Hypertension – World Health Organization (WHO)

Hypertension – World Health Organization (WHO)

September 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version