Reported 8 months ago
In the recent article, Morning Brief discusses the bullish S&P 500 calls, with indices like the S&P 500 and Nasdaq Composite achieving record highs. Evercore ISI raised its year-end S&P 500 target to 6,000, while Goldman Sachs raised it to 5,600. Minneapolis Federal Reserve President Neel Kashkari expressed optimism about potential interest rate cuts, contrasting with China's industrial output growth slowdown to 5.6% in May, affecting the housing market and commodity demands. The article also looks into the impact of new Pixar film Inside Out 2's successful box office debut, signaling a move towards more sequels in Pixar's strategy for the future.
Source: YAHOO