MRKT Call

Nasdaq New High, Wall Street Bear Turns Bullish, Target Slashes Prices, DC vs. Silicon Valley & Jamie Dimon Signals Retirement

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MRKT Matrix - May 20th, 2024

  • Market Recap (FactSet Data & CNBC)
  • Morgan Stanley stock strategist Mike Wilson raises S&P 500 forecast to 5,400 after bearish call on 2024 fails to pan out (CNBC)
  • S&P Profit Recovery Revs Up on Big Tech and Strong Consumer (Bloomberg)
  • Target lowering prices on 5,000 items in bid to lure more shoppers (CNBC)
  • Higher Debt and Delinquencies Are Challenging the Economy (SoFi)
  • The Coming War Between DC and Silicon Valley (Politico)
  • Apple Needs to Evolve to Compete in the Artificial Intelligence Era (Bloomberg)
  • JPMorgan CEO Jamie Dimon signals retirement is closer than ever (CNBC)


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