A majority of Wall Street’s biggest firms have recently been slashing their S&P 500 forecasts for this year, predicting lower stock market returns as the Federal Reserve raises interest rates to fight surging inflation and also warning about the economic impact from Russia’s invasion of Ukraine. Read More:; https://www.forbes.com/sites/sergeiklebnikov/2022/03/24/wall-street-firms-are-slashing-sp-500-price-targets-heres-what-they-predict-for-markets/?sh=2a1558b73b0a&utm_source=FBPAGE&utm_medium=s
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The U.S. stock market sold off Monday morning as Wall Street digested President Donald Trump’s tariffs on Canadian, Chinese and Mexican goods set to go into effect Tuesday, before recovering some after Trump announced the Mexican levies won’t start for at least a month. Read more: http://on.forbes.com/6186xIEdr | Forbes
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The U.S. stock market continued to sizzle in August but it wasn’t enough to lift all fortunes, as four of the world’s top 10 wealthiest people lost ground. Read more: http://on.forbes.com/6183AGSJf | Forbes
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