Market strategists unbowed
Breakfast with Benjamin: Wall Street observers' resolve likely to be tested today, plus what could lift stocks out of their funk, solid earnings from Goldman Sachs and Janet Yellen's puzzle.
- The rout in stocks has not pushed market strategists to cut their year-end forecasts. It’s just going to take a bigger rally to get there. S&P 500 rout leaves Wall Street unbowed as tide ebbs on calls
- But that resolve could be tested today. Treasuries gain as oil drops below $80 while stocks slide
- It’s heat of earnings season and some of the numbers look good. Goldman Sachs profit gets big boost from bond market pick up
- Here’s what some pundits say will lift the stock market out of its funk. Go to Switzerland for skiing, not for annuities
- If Fed chair Janet Yellen was facing a conundrum yesterday, it’s worse today. What the heck should the Fed do now?
- Thursday is Day 2 of InvestmentNews‘ Fourth annual Alternative Investment conference. Follow all the action on Twitter at #alts2014
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