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OPEC Sees Strong Demand Growth for Oil in 2024: Here's Why https://www.zacks.com/stock/news/2198498/opec-sees-strong-demand-growth-for-oil-in-2024-here-s-why?cid=CS-ZC-FT-analyst_blog|industry_focus-2198498 Dec 15, 2023 - With OPEC maintaining its bullish oil demand forecast for 2024, this might be the right time to buy stocks like MUSA, EOG and LBRT.
U.S. Weekly FundFlows Insight Report: Money Market Funds See First Weekly Outflow In 8 Weeks https://seekingalpha.com/article/4658050-us-weekly-fundflows-insight-report-money-market-funds-see-first-weekly-outflow-in-8-weeks?source=feed_tag_etf_portfolio_strategy Dec 15, 2023 - During LSEG Lipper’s fund-flows week that ended 12/13/23, investors were overall net sellers of fund assets for the first week in 8, removing a net $19.B. Click here to read more.
U.S. Stocks See Further Upside Following Dovish Fed Pivot https://www.rttnews.com/story.aspx?Id=3411720 Dec 14, 2023 - Following the substantial rally seen late in the previous session, stocks saw further upside during trading on Thursday. Buying interest was somewhat subdued on the day, although the Dow still managed to reach a new record closing high.
Sector ETFs to Gain as Fed Stays Put, Sees Deeper Rate Cuts in 2024 https://www.zacks.com/stock/news/2198233/sector-etfs-to-gain-as-fed-stays-put-sees-deeper-rate-cuts-in-2024?cid=CS-ZC-FT-etf_news_and_commentary-2198233 Dec 14, 2023 - The Federal Reserve held its benchmark interest rate steady at a range of 5.25%-5.50% on Dec 13. However, the Fed hinted at three 25-bp rate cuts next year.
From Owatonna to Red Wing, Minnesota's small downtowns see resurgence https://www.startribune.com/minnesota-small-city-downtowns-see-resurgence-owatonna-red-wing-crosby-northfield/600327899/ Dec 14, 2023 -
Wall Street thinks Costco's record-high stock can go higher. We agree and see catalysts coming https://www.cnbc.com/2023/12/14/wall-street-thinks-costcos-record-high-stock-can-go-higher-heres-what-we-see.html Dec 14, 2023 - That thesis will be put to the test when the wholesale retailer reports earnings Thursday.
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4% https://www.cnbc.com/2023/12/13/fed-lowers-inflation-forecast-for-2024-seeing-core-pce-falling-to-2point4percent.html Dec 13, 2023 - The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.
Wall Street Analysts See a 47.4% Upside in Archer Aviation Inc. (ACHR): Can the Stock Really Move This High? https://www.zacks.com/stock/news/2197394/wall-street-analysts-see-a-47-4-upside-in-archer-aviation-inc-achr-can-the-stock-really-move-this-high?cid=CS-ZC-FT-tale_of_the_tape|consensus_price_target-2197394 Dec 13, 2023 - The average of price targets set by Wall Street analysts indicates a potential upside of 47.4% in Archer Aviation Inc. (ACHR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
U.S. Stocks May See Further Upside Ahead Of Fed Announcement https://www.rttnews.com/story.aspx?Id=3411325 Dec 13, 2023 - The major U.S. index futures are currently pointing to a slightly higher open on Wednesday, with stocks likely to see initial strength ahead of the Federal Reserve's monetary policy announcement this afternoon.
Swiss Govt Sees "Well Below Average Growth" Next Year https://www.rttnews.com/3411242/swiss-govt-sees-well-below-average-growth-next-year.aspx?type=alleco Dec 13, 2023 - The Swiss economy is set to register well below average growth in 2024 as the weaker momentum in the euro area hurts Swiss exports and higher financing cost curbs investment, the State Secretariat for Economic Affairs, or SECO, said Wednesday. In the economic forecast, the expert group of the SECO said gross domestic product will grow 1.3 percent this year.

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