Bank earnings are in full swing. Four experts weigh in on what to expect

Citigroup kicked off the first big week of earnings reports on a high note on Monday. Goldman Sachs, J.P. Morgan, Wells Fargo and Bank of America report later this week. Here’s what experts are watching out for:· “We’re not going to have the most beautiful bank numbers,” says CNBC’s Jim Cramer, “but people are expecting awful things from the banks, and when you get awful coming in … that’s exactly what you need going into earnings week.” As Cramer notes, “You need lots of people having given up


Citigroup kicked off the first big week of earnings reports on a high note on Monday. Goldman Sachs, J.P. Morgan, Wells Fargo and Bank of America report later this week. Here’s what experts are watching out for:· “We’re not going to have the most beautiful bank numbers,” says CNBC’s Jim Cramer, “but people are expecting awful things from the banks, and when you get awful coming in … that’s exactly what you need going into earnings week.” As Cramer notes, “You need lots of people having given up
Bank earnings are in full swing. Four experts weigh in on what to expect Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: tyler bailey, natalie zhang, vincent isore, getty images, alexraths, seth wenig, brendan mcdermid, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, bank, reports, experts, earnings, banks, morgan, going, week, swing, seymour, notes, think, expect, value, weigh


Bank earnings are in full swing. Four experts weigh in on what to expect

Citigroup kicked off the first big week of earnings reports on a high note on Monday. The stock rallied 4 percent, pushing the rest of the financial sector higher along with it.

Goldman Sachs, J.P. Morgan, Wells Fargo and Bank of America report later this week. Here’s what experts are watching out for:

· “We’re not going to have the most beautiful bank numbers,” says CNBC’s Jim Cramer, “but people are expecting awful things from the banks, and when you get awful coming in … that’s exactly what you need going into earnings week.” After all, it’s a little easier to beat expectations when the expectations aren’t sky-high. As Cramer notes, “You need lots of people having given up on a group that, I think, is going to report not-that-bad numbers.”

· “I’ll say this about financials: It’s easy to attack them – they’ve underperformed the S&P 500 from last February to the lows by about 11.5 percent. But during this period where yields have been plummeting … the banks outperformed the S&P from mid-December to now,” notes Tim Seymour of Seymour Asset Management and CNBC’s “Fast Money.” But with a full slate of earnings reports approaching quickly, the question remains: Can that strong performance continue? Seymour says that if you look at the areas where the banks outperformed, “that tells you something about where they could outperform now.”

· Investitute.com co-founder and CNBC contributor Pete Najarian notes that, even though the big picture is similar to much of 2018 for the banks, the fact that they have been beaten up so badly gives them a head start in 2019. “I think [these stocks] have gotten so cheap … The story hasn’t changed dramatically. The only part of the story that has changed is: Where are they trading right now as versus to the book value? Because of that, I think it is attractive value.” Citigroup is trading at just under $60 compared to a tangible book value of $63.79. If positive reports keep rolling in, the big banks could look like a bargain at their current prices.

· Morgan Stanley senior analyst Betsy Graseck has a few names she’s watching. “We’re looking for institutions that we think can provide positive operating leverage. Bank of America has been showing that in spades, particularly in their consumer business. We think there’s more they can do there, and J.P. Morgan is on a roll for market share gain in a variety of different businesses…” Graseck also highlights Goldman Sachs as a name with a significant upside. “The bull case for Goldman is if we get through the one MDB with very little reserving over and above what we’ve got in our model, then yes, it’s very reasonable.”


Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: tyler bailey, natalie zhang, vincent isore, getty images, alexraths, seth wenig, brendan mcdermid, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, bank, reports, experts, earnings, banks, morgan, going, week, swing, seymour, notes, think, expect, value, weigh


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Jeff and MacKenzie Bezos didn’t get a prenup—do you need one? Here’s what experts say

“It’s not just a little purchase and so I do think you need to have some assets to justify it.” A general rule of thumb is that “if you have a few hundred thousand dollars [in assets], you should at least consider a prenup,” says Holeman. “But in my experience working with clients, the big cause for actually needing a prenup isn’t necessarily on the dollar amount.” “When one person has way more than the other, that’s where it gets a little dicey,” says Holeman. If you’re both bringing in roughly


“It’s not just a little purchase and so I do think you need to have some assets to justify it.” A general rule of thumb is that “if you have a few hundred thousand dollars [in assets], you should at least consider a prenup,” says Holeman. “But in my experience working with clients, the big cause for actually needing a prenup isn’t necessarily on the dollar amount.” “When one person has way more than the other, that’s where it gets a little dicey,” says Holeman. If you’re both bringing in roughly
Jeff and MacKenzie Bezos didn’t get a prenup—do you need one? Here’s what experts say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: kathleen elkins, matthew staver, bloomberg, getty images, -nick holeman, certified financial planner, -david bach, wealth manager
Keywords: news, cnbc, companies, amounts, mackenzie, prenupdo, heres, bezos, worth, equal, words, experts, didnt, holeman, little, prenup, working, say, assets, jeff, youre, need


Jeff and MacKenzie Bezos didn't get a prenup—do you need one? Here's what experts say

“It’s not just a little purchase and so I do think you need to have some assets to justify it.”

A general rule of thumb is that “if you have a few hundred thousand dollars [in assets], you should at least consider a prenup,” says Holeman. “But in my experience working with clients, the big cause for actually needing a prenup isn’t necessarily on the dollar amount.”

Rather, “it’s when there are unequal amounts coming in from the marriage.”

In other words, if one member of the couple has a much higher income or significantly more assets than the other, it’s worth considering a prenup. “When one person has way more than the other, that’s where it gets a little dicey,” says Holeman.

If you’re both bringing in roughly equal amounts to the marriage, a prenup is “less needed, because it’s more of an equal playing field between both spouses,” says Holeman. Though, of course, he adds, that doesn’t mean you shouldn’t discuss getting one.


Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: kathleen elkins, matthew staver, bloomberg, getty images, -nick holeman, certified financial planner, -david bach, wealth manager
Keywords: news, cnbc, companies, amounts, mackenzie, prenupdo, heres, bezos, worth, equal, words, experts, didnt, holeman, little, prenup, working, say, assets, jeff, youre, need


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Biotech’s breaking out, and here’s why some market experts think an even bigger rally is ahead

Johnson believes the group is about to test some key levels that could point to even more upside. On the Nasdaq biotech index NBI, Johnson points out that the index has retraced much of its correction since Oct. 1 and is poised to bounce back to its 200-day moving average. “That’s really kind of the headwind that these elements are up against,” she said on “Trading Nation.” “The M&A cycle and insider buying [are positives], but you just have to see the actual revisions start to stabilize before


Johnson believes the group is about to test some key levels that could point to even more upside. On the Nasdaq biotech index NBI, Johnson points out that the index has retraced much of its correction since Oct. 1 and is poised to bounce back to its 200-day moving average. “That’s really kind of the headwind that these elements are up against,” she said on “Trading Nation.” “The M&A cycle and insider buying [are positives], but you just have to see the actual revisions start to stabilize before
Biotech’s breaking out, and here’s why some market experts think an even bigger rally is ahead Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: annie pei, getty images, frederic j brown, afp, source, mathieu belanger, kcna, thomas barwick getty images, lawrence mcdonald
Keywords: news, cnbc, companies, experts, johnson, biotech, ahead, revisions, rally, market, breaking, bigger, index, talk, biotechs, sector, point, heres, start, trading, think, really


Biotech's breaking out, and here's why some market experts think an even bigger rally is ahead

The biotech rally may be just getting started.

That’s according to Piper Jaffray technician Craig Johnson after the biotech-tracking ETF IBB rallied more than 3 percent on Monday on yet more merger talk in the space.

Johnson believes the group is about to test some key levels that could point to even more upside.

On the Nasdaq biotech index NBI, Johnson points out that the index has retraced much of its correction since Oct. 1 and is poised to bounce back to its 200-day moving average. That will be the next resistance for NBI, he said.

If it does hit that average, “it’s going to set the shares in the index up for a move back toward the old highs,” Johnson said Monday on CNBC’s “Trading Nation.”

Johnson noted that many biotech names are also starting to recapture their 50-day moving averages, and he said a “pickup in momentum” as they do so could point to an even bigger breakout.

But Chantico Global CEO Gina Sanchez sees some fundamental concerns with the space. While she agrees that the latest cycle of deal talk and an increase of insider buyer are positive for the sector, ultimately the negative revisions and news facing the group could temper the rally.

“That’s really kind of the headwind that these elements are up against,” she said on “Trading Nation.”

“The M&A cycle and insider buying [are positives], but you just have to see the actual revisions start to stabilize before you can really feel confident about this sector.”

The sector has had a strong start to the year, surging 10 percent since the first trading day of 2019.


Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: annie pei, getty images, frederic j brown, afp, source, mathieu belanger, kcna, thomas barwick getty images, lawrence mcdonald
Keywords: news, cnbc, companies, experts, johnson, biotech, ahead, revisions, rally, market, breaking, bigger, index, talk, biotechs, sector, point, heres, start, trading, think, really


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Watch nine experts break down what to expect from cryptocurrencies in 2019

The crypto-craze started off 2018 with a bang, but 12 months later, bitcoin prices have sunk to below $4,000. Can bitcoin and other digital currencies mount a comeback in 2019? Here’s what nine experts say to expect from cryptocurrencies in 2019.


The crypto-craze started off 2018 with a bang, but 12 months later, bitcoin prices have sunk to below $4,000. Can bitcoin and other digital currencies mount a comeback in 2019? Here’s what nine experts say to expect from cryptocurrencies in 2019.
Watch nine experts break down what to expect from cryptocurrencies in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: natalie zhang
Keywords: news, cnbc, companies, expect, mount, bitcoin, started, later, 2019, say, prices, months, break, sunk, watch, cryptocurrencies, heres, experts


Watch nine experts break down what to expect from cryptocurrencies in 2019

The crypto-craze started off 2018 with a bang, but 12 months later, bitcoin prices have sunk to below $4,000. Can bitcoin and other digital currencies mount a comeback in 2019? Here’s what nine experts say to expect from cryptocurrencies in 2019.


Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: natalie zhang
Keywords: news, cnbc, companies, expect, mount, bitcoin, started, later, 2019, say, prices, months, break, sunk, watch, cryptocurrencies, heres, experts


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Here are some of the travel destinations topping the list of would-be vacationers in 2019

Need some suggestions on how to burn up vacation time this year? For travelers whose new year’s resolutions include traveling more and leaving fewer (or no) days of unused vacation days on the table at year’s end, industry experts have plenty of suggestions. Some of the “go here” lists CNBC recently consulted also off tips on the best times and reasons to travel to destinations near and far. And some experts are also suggesting that vacationers steer clear of certain locations.


Need some suggestions on how to burn up vacation time this year? For travelers whose new year’s resolutions include traveling more and leaving fewer (or no) days of unused vacation days on the table at year’s end, industry experts have plenty of suggestions. Some of the “go here” lists CNBC recently consulted also off tips on the best times and reasons to travel to destinations near and far. And some experts are also suggesting that vacationers steer clear of certain locations.
Here are some of the travel destinations topping the list of would-be vacationers in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-03  Authors: harriet baskas, source, las vegas convention, visitors authority, bhp images, travel portland, courtesy academy museum of motion pictures, thomas dagg, national geographic
Keywords: news, cnbc, companies, topping, vacationers, 2019, experts, days, list, travelers, suggestions, traveling, yearfor, travel, destinations, vacation, unused, wouldbe


Here are some of the travel destinations topping the list of would-be vacationers in 2019

Need some suggestions on how to burn up vacation time this year?

For travelers whose new year’s resolutions include traveling more and leaving fewer (or no) days of unused vacation days on the table at year’s end, industry experts have plenty of suggestions. Some of the “go here” lists CNBC recently consulted also off tips on the best times and reasons to travel to destinations near and far. And some experts are also suggesting that vacationers steer clear of certain locations.


Company: cnbc, Activity: cnbc, Date: 2019-01-03  Authors: harriet baskas, source, las vegas convention, visitors authority, bhp images, travel portland, courtesy academy museum of motion pictures, thomas dagg, national geographic
Keywords: news, cnbc, companies, topping, vacationers, 2019, experts, days, list, travelers, suggestions, traveling, yearfor, travel, destinations, vacation, unused, wouldbe


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Stocks rebound after a brutal sell-off: Four experts weigh in on what’s next

Stocks rebounded on Wednesday following the worst Christmas Eve in history for the markets. The Dow was up more than 700 points in late-day trading, boosted by retail’s best holiday season in six years. But with more than half of the S&P in bear market territory and just three trading days left in the year, is this rally too little too late to stave off a downturn in the new year? Four experts weigh in on how the markets will look in 2019:


Stocks rebounded on Wednesday following the worst Christmas Eve in history for the markets. The Dow was up more than 700 points in late-day trading, boosted by retail’s best holiday season in six years. But with more than half of the S&P in bear market territory and just three trading days left in the year, is this rally too little too late to stave off a downturn in the new year? Four experts weigh in on how the markets will look in 2019:
Stocks rebound after a brutal sell-off: Four experts weigh in on what’s next Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-26  Authors: tyler bailey, natalie zhang, brendan mcdermid, timothy fadek, bloomberg, getty images, scott mlyn, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, brutal, rebound, markets, season, territory, trading, experts, worst, stave, weigh, selloff, stocks, whats, yearfour, sp


Stocks rebound after a brutal sell-off: Four experts weigh in on what's next

Stocks rebounded on Wednesday following the worst Christmas Eve in history for the markets. The Dow was up more than 700 points in late-day trading, boosted by retail’s best holiday season in six years. But with more than half of the S&P in bear market territory and just three trading days left in the year, is this rally too little too late to stave off a downturn in the new year?

Four experts weigh in on how the markets will look in 2019:


Company: cnbc, Activity: cnbc, Date: 2018-12-26  Authors: tyler bailey, natalie zhang, brendan mcdermid, timothy fadek, bloomberg, getty images, scott mlyn, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, brutal, rebound, markets, season, territory, trading, experts, worst, stave, weigh, selloff, stocks, whats, yearfour, sp


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‘The worst is yet to come’: Experts say a global bear market is just getting started

That’s set to worsen in the new year, experts told CNBC on Monday. Bear markets — typically defined as 20 percent or more off a recent peak — are threatening investors worldwide. In the U.S., the Nasdaq Composite closed in a bear market on Friday and the S&P 500 was on the brink of one itself after declining nearly 18 percent from its record earlier this year. Globally, Germany’s DAX and China’s Shanghai Composite have also entered bear market levels. I think the worst is yet to come next year,


That’s set to worsen in the new year, experts told CNBC on Monday. Bear markets — typically defined as 20 percent or more off a recent peak — are threatening investors worldwide. In the U.S., the Nasdaq Composite closed in a bear market on Friday and the S&P 500 was on the brink of one itself after declining nearly 18 percent from its record earlier this year. Globally, Germany’s DAX and China’s Shanghai Composite have also entered bear market levels. I think the worst is yet to come next year,
‘The worst is yet to come’: Experts say a global bear market is just getting started Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-24  Authors: yen nee lee
Keywords: news, cnbc, companies, market, say, global, told, started, experts, strategist, come, bear, worst, recent, getting, markets


'The worst is yet to come': Experts say a global bear market is just getting started

Strategist: The ‘worst is yet to come’ for the markets 4 Hours Ago | 03:12

Volatility on Wall Street has led shares across the globe on a wild ride in recent months, resulting in a number of stock markets dipping into bear territory. That’s set to worsen in the new year, experts told CNBC on Monday.

Bear markets — typically defined as 20 percent or more off a recent peak — are threatening investors worldwide. In the U.S., the Nasdaq Composite closed in a bear market on Friday and the S&P 500 was on the brink of one itself after declining nearly 18 percent from its record earlier this year. Globally, Germany’s DAX and China’s Shanghai Composite have also entered bear market levels.

Major market risks remain, experts said. The Federal Reserve is likely to continue raising interest rates and worries about a global economic slowdown — made worse by a trade war between the U.S. and China — are mounting.

“I would love to be more optimistic but i just don’t see too many positives out there. I think the worst is yet to come next year, we’re still in the first half of a global equity bear market with more to come next year,” Mark Jolley, global strategist at CCB International Securities, told CNBC’s “Squawk Box.”


Company: cnbc, Activity: cnbc, Date: 2018-12-24  Authors: yen nee lee
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Trump risks ‘damaging America’s reputation for the long term’ with Syria withdrawal, experts warn

U.S. President Donald Trump’s abrupt announcement this week that he intends to withdraw all American troops out of Syria risks dealing a serious blow to his country’s credibility as an ally and partner, former national security officials and regional experts warned. Geopolitical experts are also sounding the alarm on the state of America’s international partnerships. Trump has long opposed U.S. military involvement in Syria, and his backers view the withdrawal decision as a campaign promise kept


U.S. President Donald Trump’s abrupt announcement this week that he intends to withdraw all American troops out of Syria risks dealing a serious blow to his country’s credibility as an ally and partner, former national security officials and regional experts warned. Geopolitical experts are also sounding the alarm on the state of America’s international partnerships. Trump has long opposed U.S. military involvement in Syria, and his backers view the withdrawal decision as a campaign promise kept
Trump risks ‘damaging America’s reputation for the long term’ with Syria withdrawal, experts warn Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-22  Authors: natasha turak, win mcnamee, getty images, delil souleiman, afp
Keywords: news, cnbc, companies, middle, officials, trump, risks, withdrawal, syria, reputation, wrote, defense, east, state, long, experts, term, damaging, warn


Trump risks 'damaging America's reputation for the long term' with Syria withdrawal, experts warn

U.S. President Donald Trump’s abrupt announcement this week that he intends to withdraw all American troops out of Syria risks dealing a serious blow to his country’s credibility as an ally and partner, former national security officials and regional experts warned.

That decision, announced in a Twitter post, was reportedly the “breaking point” for Secretary of Defense James Mattis, who submitted his resignation letter a day later. The 68-year-old retired Marine Corps general said he was leaving the administration in part because he does not agree with Trump on a number of issues, and cited the importance of alliances.

Geopolitical experts are also sounding the alarm on the state of America’s international partnerships.

“(Trump’s Syria move) risks not only jeopardizing the near-term U.S. interest of stabilizing a key part of the Middle East, but also damaging America’s reputation for the long term,” Turkey expert Soner Cagaptay and former Defense Department and Senate Foreign Relations Committee member Dana Stroul wrote in a brief for The Washington Institute for Near East Policy.

Trump has long opposed U.S. military involvement in Syria, and his backers view the withdrawal decision as a campaign promise kept. He announced the defeat the Islamic State (IS), arguing that America should no longer fight others’ battles for them.

But defense officials and lawmakers reject the assertion that IS is finished, and say that America still has commitments to allies on the ground and a reputation to uphold.

“Next time the U.S. needs to challenge an imminent terror threat somewhere in the world, we’ll presumably want to do so ‘by, with & through,’ using local partners,” wrote Charles Lister, senior fellow at the Middle East Institute and author of “The Syrian Jihad.”

“You think they’re going to trust us now? Not a chance.”


Company: cnbc, Activity: cnbc, Date: 2018-12-22  Authors: natasha turak, win mcnamee, getty images, delil souleiman, afp
Keywords: news, cnbc, companies, middle, officials, trump, risks, withdrawal, syria, reputation, wrote, defense, east, state, long, experts, term, damaging, warn


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Coffee isn’t always worth the cost, experts say–here’s why

Coffee isn’t always worth the cost, experts say–here’s why1 Hour AgoTo view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again. Kevin O’Leary and David Bach explain why buying expensive coffee can be a waste of money, but Ramit Sethi argues that it can be valuable to you.


Coffee isn’t always worth the cost, experts say–here’s why1 Hour AgoTo view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again. Kevin O’Leary and David Bach explain why buying expensive coffee can be a waste of money, but Ramit Sethi argues that it can be valuable to you.
Coffee isn’t always worth the cost, experts say–here’s why Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-20
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Coffee isn't always worth the cost, experts say–here's why

Coffee isn’t always worth the cost, experts say–here’s why

1 Hour Ago

To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again.

Kevin O’Leary and David Bach explain why buying expensive coffee can be a waste of money, but Ramit Sethi argues that it can be valuable to you.


Company: cnbc, Activity: cnbc, Date: 2018-12-20
Keywords: news, cnbc, companies, why1, experts, valuable, browser, try, worth, cost, waste, view, coffee, flash, sayheres, isnt, enabled


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Gundlach and three other experts weigh in on whether the bull run is ending

The longest-running bull market of all time is on thin ice as the major indices sit in correction territory. Four experts weigh in on whether this historic bull run is a thing of the past:· DoubleLine Capital founder Jeffrey Gundlach thinks that the writing is on the wall, saying, “I’m pretty sure this is a bear market.” A bear market is generally defined as a 20 percent move from peak to trough. I don’t think the bull market is over and I don’t think the bull market’s broken.” Instead, Lee offe


The longest-running bull market of all time is on thin ice as the major indices sit in correction territory. Four experts weigh in on whether this historic bull run is a thing of the past:· DoubleLine Capital founder Jeffrey Gundlach thinks that the writing is on the wall, saying, “I’m pretty sure this is a bear market.” A bear market is generally defined as a 20 percent move from peak to trough. I don’t think the bull market is over and I don’t think the bull market’s broken.” Instead, Lee offe
Gundlach and three other experts weigh in on whether the bull run is ending Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-19  Authors: tyler bailey, heidi gutman, david paul morris, bloomberg, getty images, michael nagle, source, kcna, thomas barwick getty images, lawrence mcdonald
Keywords: news, cnbc, companies, run, market, weve, weeks, bull, bear, lee, weigh, dont, experts, ending, shortterm, think, thinks, gundlach


Gundlach and three other experts weigh in on whether the bull run is ending

The longest-running bull market of all time is on thin ice as the major indices sit in correction territory. The S&P, Dow and Nasdaq have all plunged more than 10 percent from their respective highs as trade skirmishes and the Fed have kept investors on edge.

Four experts weigh in on whether this historic bull run is a thing of the past:

· DoubleLine Capital founder Jeffrey Gundlach thinks that the writing is on the wall, saying, “I’m pretty sure this is a bear market.” A bear market is generally defined as a 20 percent move from peak to trough. However, Gundlach calls that definition “arbitrary” and says a number of other factors in the current market lead him to believe it’s already here. “How you lead into it, how it develops, and how the sentiment changes. I think we’ve had pretty much all of the variables that characterize a bear market.”

· Ryan Detrick of LPL Financial Research say that while this is one of the worst starts to December in the history, he is holding out hope that we could see a pop before the year’s end. “We still think there’s a chance that Santa Claus can come in the next two weeks. Historically speaking, these last two weeks of December are strong.” For those wondering if a recession might be on the cards in 2019, the senior market strategist had this to say: “You don’t see recessions when you see global earnings still growing.”

· Bleakley Advisory Group CIO Peter Boockvar says there are indications that we may have seen a intermediary stop to the selling. “[Monday] when we sold off in utilities, REITs, and consumer non-durables, those were the areas of safety that people were hiding out in…That kind of selling means you probably get to a short-term bottom, but I emphasize short-term.”

· Fundstrat’s Tom Lee thinks that we have to pump the breaks on talk of a bear market. “To me, the word ‘bear market’ is a decline that precedes an economic downturn, and I think the market is pricing in a downturn that is not even as close as people think,” says Lee. “I just think people have looked at the weakness in the rest of the world and think it affects the U.S. I don’t think the bull market is over and I don’t think the bull market’s broken.” Instead, Lee offers more good news: the longest bull market in history could have a long time left to run. “To us, it’s just a transition year. We’ve been calling it, sort of, a mid-life. The bull market is reaching its mid-life.”


Company: cnbc, Activity: cnbc, Date: 2018-12-19  Authors: tyler bailey, heidi gutman, david paul morris, bloomberg, getty images, michael nagle, source, kcna, thomas barwick getty images, lawrence mcdonald
Keywords: news, cnbc, companies, run, market, weve, weeks, bull, bear, lee, weigh, dont, experts, ending, shortterm, think, thinks, gundlach


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