The U.S. Economy Won’t Collapse Under Fed’s "Weight" Based on the Performance of These Sectors Despite Inflation and Oil Risks

832
51
Favorite

The U.S. Economy Won’t Collapse Under Fed’s "Weight" Based on the Performance of These Sectors Despite Inflation and Oil Risks

MarketWatch2022-12-04

Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

832

Report

Comment（51）

Shirley Soh
·2022-12-05
Ok
Reply
2
Report
Fold Replies
- huawei9731:
  liked liao
  2022-12-05
  Reply
  Report
MIe
·2022-12-05
Fed focused inflation target and labour kpi
Reply
Like
Report
AlanChong
·2022-12-05
Ok
Reply
2
Report
UTOtrader
·2022-12-05
T
Reply
4
Report
Singman
·2022-12-05
Like
Reply
2
Report
EY12
·2022-12-05
Like
Reply
3
Report
Fold Replies
- EY12:
  hi
  2022-12-05
  Reply
  Report
LongZR
·2022-12-05
Nice
Reply
3
Report
Fold Replies
- Gunners80:
  ok
  2022-12-05
  Reply
  Report
- LongZR:
  nice
  2022-12-05
  Reply
  Report
andrew123
·2022-12-05
Like
Reply
2
Report
Verine
·2022-12-05
Nice
Reply
1
Report
Fold Replies
- Verine:
  nice
  2022-12-05
  Reply
  Report
YJ Lee
·2022-12-05
Ok
Reply
6
Report
Fold Replies
- Chitz:
  yes
  2022-12-05
  Reply
  Report
Blading23
·2022-12-05
Ok
Reply
6
Report
Fold Replies
- Blading23:
  like
  2022-12-05
  Reply
  Report
ArcherWG
·2022-12-05
Noted
Reply
5
Report
Seah CL
·2022-12-05
K
Reply
6
Report
Fold Replies
- DarkRaven:
  K
  2022-12-05
  Reply
  Report
- Saintrade:
  K
  2022-12-05
  Reply
  Report
ericbqlee
·2022-12-05
🙂
Reply
3
Report
Vicholes
·2022-12-05
[Happy]
Reply
4
Report
Fold Replies
- Vicholes:
  [Happy]
  2022-12-05
  Reply
  Report
OO_898
·2022-12-04
Like
Reply
5
Report
Fold Replies
- andrew123:
  done.like back
  2022-12-05
  Reply
  Report
- HuGang3166:
  Ok
  2022-12-05
  Reply
  Report
- AudTKH:
  K
  2022-12-05
  Reply
  Report
blessed_1
·2022-12-04
Thanks
Reply
2
Report
Prosperity88
·2022-12-04
Well
Reply
3
Report
SaraG
·2022-12-04
Ok
Reply
7
Report
Joshua87
·2022-12-04
Like please
Reply
9
Report
Fold Replies
- Rickyt089:
  Oki
  2022-12-05
  Reply
  Report
- ALearner:
  Okokok
  2022-12-04
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1106868966?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-12-04 10:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1106868966","market":"us","top_or_hot":-1,"title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","media":"MarketWatch","content":"<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Source Link</a>\n\n</div>\n","source":"lsy1603348471595","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","article_id":"1106868966","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","pubTimestamp":1670119308,"columns":[],"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"translate_title":"尽管存在通胀和石油风险，但基于这些行业的表现，美国经济不会在美联储的“重量”下崩溃","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9964448096,"gmtCreate":1670202283516,"gmtModify":1676538318652,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964448096","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105069031,"gmtCreate":1670203662872,"gmtModify":1670203673650,"authorId":4096072564761360,"author":{"id":4096072564761360,"idStr":"4096072564761360","authorId":4096072564761360,"name":"huawei9731","avatar":"https://static.tigerbbs.com/42a627c8d2c291b3e03bb7ca23422519","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.02.24","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964448096,"type":1,"supId":0,"prevId":0,"content":"liked liao","text":"liked liao","html":"liked liao"}],"langContent":"EN"},{"id":9964443148,"gmtCreate":1670202052984,"gmtModify":1676538318608,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023","authorIdStr":"3577182936341023"},"htmlText":"Fed focused inflation&nbsp;target and labour kpi","listText":"Fed focused inflation&nbsp;target and labour kpi","text":"Fed focused inflation target and labour kpi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964443148","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964463597,"gmtCreate":1670199730420,"gmtModify":1676538317803,"author":{"id":"4125148185432112","authorId":"4125148185432112","name":"AlanChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"4125148185432112","authorIdStr":"4125148185432112"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964463597","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964430944,"gmtCreate":1670197645489,"gmtModify":1676538316778,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"T","listText":"T","text":"T","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964430944","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964401799,"gmtCreate":1670196644811,"gmtModify":1676538316342,"author":{"id":"3575125836760247","authorId":"3575125836760247","name":"Singman","avatar":"https://static.tigerbbs.com/d770feb757705f2d631d2d5f381ae07b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575125836760247","authorIdStr":"3575125836760247"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964401799","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964578400,"gmtCreate":1670195920500,"gmtModify":1676538316031,"author":{"id":"3569935580474431","authorId":"3569935580474431","name":"EY12","avatar":"https://static.tigerbbs.com/103e86782b34598ff73873d5f9259adb","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3569935580474431","authorIdStr":"3569935580474431"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964578400","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105066660,"gmtCreate":1670195926319,"gmtModify":1670195939277,"authorId":3569935580474431,"author":{"id":3569935580474431,"idStr":"3569935580474431","authorId":3569935580474431,"name":"EY12","avatar":"https://static.tigerbbs.com/103e86782b34598ff73873d5f9259adb","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964578400,"type":1,"supId":0,"prevId":0,"content":"<u>hi</u>","text":"<u>hi</u>","html":"<u>hi</u>"}],"langContent":"EN"},{"id":9964573688,"gmtCreate":1670195697244,"gmtModify":1676538315960,"author":{"id":"3572305441240915","authorId":"3572305441240915","name":"LongZR","avatar":"https://static.tigerbbs.com/80b6c7bb6866455f69d500fddb520c7e","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3572305441240915","authorIdStr":"3572305441240915"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964573688","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105066863,"gmtCreate":1670196762169,"gmtModify":1670196774944,"authorId":3568161254291931,"author":{"id":3568161254291931,"idStr":"3568161254291931","authorId":3568161254291931,"name":"Gunners80","avatar":"https://static.tigerbbs.com/1b631d2d208e0248c96ed1117c4db37e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.26","exceedPercentage":"93.98%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964573688,"type":1,"supId":105066618,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":105066618,"gmtCreate":1670195707536,"gmtModify":1670195720886,"authorId":3572305441240915,"author":{"id":3572305441240915,"idStr":"3572305441240915","authorId":3572305441240915,"name":"LongZR","avatar":"https://static.tigerbbs.com/80b6c7bb6866455f69d500fddb520c7e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964573688,"type":1,"supId":0,"prevId":0,"content":"<u>nice</u>","text":"<u>nice</u>","html":"<u>nice</u>"}],"langContent":"EN"},{"id":9964570228,"gmtCreate":1670195543564,"gmtModify":1676538315913,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576260758860416","authorIdStr":"3576260758860416"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964570228","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964570958,"gmtCreate":1670195522774,"gmtModify":1676538315900,"author":{"id":"4098528367477030","authorId":"4098528367477030","name":"Verine","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":4,"crmLevelSwitch":0,"idStr":"4098528367477030","authorIdStr":"4098528367477030"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964570958","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105066582,"gmtCreate":1670195532000,"gmtModify":1670195544688,"authorId":4098528367477030,"author":{"id":4098528367477030,"idStr":"4098528367477030","authorId":4098528367477030,"name":"Verine","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964570958,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"EN"},{"id":9964553448,"gmtCreate":1670193677684,"gmtModify":1676538315371,"author":{"id":"4108816210230400","authorId":"4108816210230400","name":"YJ Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4108816210230400","authorIdStr":"4108816210230400"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964553448","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105066317,"gmtCreate":1670194079651,"gmtModify":1670194092899,"authorId":3574934277926519,"author":{"id":3574934277926519,"idStr":"3574934277926519","authorId":3574934277926519,"name":"Chitz","avatar":"https://static.tigerbbs.com/988984eee397d7e772b978815d9b162e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964553448,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":9964524163,"gmtCreate":1670193132052,"gmtModify":1676538315254,"author":{"id":"3565700003213382","authorId":"3565700003213382","name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3565700003213382","authorIdStr":"3565700003213382"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964524163","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105066191,"gmtCreate":1670193139297,"gmtModify":1670193154013,"authorId":3565700003213382,"author":{"id":3565700003213382,"idStr":"3565700003213382","authorId":3565700003213382,"name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964524163,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":9964525309,"gmtCreate":1670193009001,"gmtModify":1676538315223,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581837121803380","authorIdStr":"3581837121803380"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964525309","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964587873,"gmtCreate":1670189529092,"gmtModify":1676538314701,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah CL","avatar":"https://community-static.tradeup.com/news/970bca7b04e85a42a2c8eabed7ec96d0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4102135564535180","authorIdStr":"4102135564535180"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964587873","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105066021,"gmtCreate":1670191818719,"gmtModify":1670191831083,"authorId":3578097586468199,"author":{"id":3578097586468199,"idStr":"3578097586468199","authorId":3578097586468199,"name":"DarkRaven","avatar":"https://static.tigerbbs.com/f931425b992eebdac73826679fa69afc","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.07","exceedPercentage":"93.68%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964587873,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">K</span>","text":"<span class=\"s1\">K</span>","html":"<span class=\"s1\">K</span>"},{"id":105065982,"gmtCreate":1670191188241,"gmtModify":1670191200866,"authorId":3577131990335289,"author":{"id":3577131990335289,"idStr":"3577131990335289","authorId":3577131990335289,"name":"Saintrade","avatar":"https://static.tigerbbs.com/0586ed865bb515fc4dd23fea4fa2590d","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964587873,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">K</span>","text":"<span class=\"s1\">K</span>","html":"<span class=\"s1\">K</span>"}],"langContent":"EN"},{"id":9964581668,"gmtCreate":1670188126754,"gmtModify":1676538314543,"author":{"id":"4101424154342900","authorId":"4101424154342900","name":"ericbqlee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4101424154342900","authorIdStr":"4101424154342900"},"htmlText":"🙂","listText":"🙂","text":"🙂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964581668","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964511934,"gmtCreate":1670177893928,"gmtModify":1676538314246,"author":{"id":"4088125554959510","authorId":"4088125554959510","name":"Vicholes","avatar":"https://static.itradeup.com/news/a52c68e0b84d7f61c9d9ccf225bb2bb8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088125554959510","authorIdStr":"4088125554959510"},"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964511934","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105065510,"gmtCreate":1670177900348,"gmtModify":1670177913669,"authorId":4088125554959510,"author":{"id":4088125554959510,"idStr":"4088125554959510","authorId":4088125554959510,"name":"Vicholes","avatar":"https://static.itradeup.com/news/a52c68e0b84d7f61c9d9ccf225bb2bb8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964511934,"type":1,"supId":0,"prevId":0,"content":"[Happy]","text":"[Happy]","html":"[Happy]"}],"langContent":"EN"},{"id":9964273100,"gmtCreate":1670169250501,"gmtModify":1676538313042,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582969710070724","authorIdStr":"3582969710070724"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9964273100","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105066590,"gmtCreate":1670195553924,"gmtModify":1670195567021,"authorId":3576260758860416,"author":{"id":3576260758860416,"idStr":"3576260758860416","authorId":3576260758860416,"name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964273100,"type":1,"supId":0,"prevId":0,"content":"done.like back","text":"done.like back","html":"done.like back"},{"id":105066369,"gmtCreate":1670194331148,"gmtModify":1670194344019,"authorId":3574671095836888,"author":{"id":3574671095836888,"idStr":"3574671095836888","authorId":3574671095836888,"name":"HuGang3166","avatar":"https://static.tigerbbs.com/1eec1ffec53cf574f9f59bc64caabf88","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964273100,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"},{"id":105065653,"gmtCreate":1670188268031,"gmtModify":1670188281025,"authorId":3575582076363736,"author":{"id":3575582076363736,"idStr":"3575582076363736","authorId":3575582076363736,"name":"AudTKH","avatar":"https://static.tigerbbs.com/e4905e1cd622b8faa04ad4125cd04a83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964273100,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">K</span>","text":"<span class=\"s1\">K</span>","html":"<span class=\"s1\">K</span>"}],"langContent":"EN"},{"id":9964248899,"gmtCreate":1670167748711,"gmtModify":1676538312823,"author":{"id":"4112410321254552","authorId":"4112410321254552","name":"blessed_1","avatar":"https://community-static.tradeup.com/news/71622697830d9517eb67a61917d8a95f","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"4112410321254552","authorIdStr":"4112410321254552"},"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964248899","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964284437,"gmtCreate":1670160392130,"gmtModify":1676538311805,"author":{"id":"3569644599778803","authorId":"3569644599778803","name":"Prosperity88","avatar":"https://static.tigerbbs.com/673e75041219828ee5fce0d5b00ebbfe","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3569644599778803","authorIdStr":"3569644599778803"},"htmlText":"Well","listText":"Well","text":"Well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964284437","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964232223,"gmtCreate":1670155007263,"gmtModify":1676538311115,"author":{"id":"3555145433625260","authorId":"3555145433625260","name":"SaraG","avatar":"https://static.tigerbbs.com/d2f8419f97c9d4f75f0bb7c62bcc31f4","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3555145433625260","authorIdStr":"3555145433625260"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964232223","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9964233986,"gmtCreate":1670153617146,"gmtModify":1676538310971,"author":{"id":"3581682530927190","authorId":"3581682530927190","name":"Joshua87","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":3,"crmLevelSwitch":0,"idStr":"3581682530927190","authorIdStr":"3581682530927190"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964233986","repostId":1106868966,"repostType":4,"repost":{"id":"1106868966","kind":"news","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105067751,"gmtCreate":1670199486431,"gmtModify":1670199499604,"authorId":3571612770300673,"author":{"id":3571612770300673,"idStr":"3571612770300673","authorId":3571612770300673,"name":"Rickyt089","avatar":"https://static.tigerbbs.com/4e75fb09fa53aa8d7db329d6599d40c1","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.06","exceedPercentage":"93.97%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964233986,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Oki</span>","text":"<span class=\"s1\">Oki</span>","html":"<span class=\"s1\">Oki</span>"},{"id":105064702,"gmtCreate":1670168838789,"gmtModify":1670168851927,"authorId":3581627611317712,"author":{"id":3581627611317712,"idStr":"3581627611317712","authorId":3581627611317712,"name":"ALearner","avatar":"https://static.tigerbbs.com/dd4e09038044887c08337f0d263b9446","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9964233986,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Okokok</span>","text":"<span class=\"s1\">Okokok</span>","html":"<span class=\"s1\">Okokok</span>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":832,"commentSize":51,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}