As U.S. benchmark stock indexes keep hitting new highs, at least one Wall Street strategist is on alert for a potential pullback by year’s end. Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, explains why she’s sticking with a year-end target of 2,950 for the S&P 500, about 5% below where it’s currently trading. Also joining the podcast is Bloomberg’s Ye Xie, who discusses the U.S. trade war with China and democracy protests in Hong Kong from the perspective of a global markets reporter.  

Mentioned in this podcast:

FOMO Grows as Investors Scurry to Catch Stock Market Boom

U.S. Senate Readies Quick Vote on Trade Status: Hong Kong Update

Patek Philippe Watch Sells for $31 Million in Record Auction

As U.S. benchmark stock indexes keep hitting new highs, at least one Wall Street strategist is on alert for a potential pullback by year’s end. Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, explains why she’s sticking with a year-end target of 2,950 for the S&amp;P 500, about 5% below where it’s currently trading. Also joining the podcast is Bloomberg’s Ye Xie, who discusses the U.S. trade war with China and democracy protests in Hong Kong from the perspective of a global markets reporter.  Mentioned in this podcast:<a href="https://www.bloomberg.com/news/articles/2019-11-12/risk-is-back-on-as-investors-fear-missing-out-on-stock-rally">FOMO Grows as Investors Scurry to Catch Stock Market Boom</a><a href="https://www.bloomberg.com/news/articles/2019-11-14/two-in-critical-condition-as-city-paralyzed-hong-kong-update">U.S. Senate Readies Quick Vote on Trade Status: Hong Kong Update</a><a href="https://www.bloomberg.com/news/articles/2019-11-11/patek-philippe-timepiece-sells-for-31-million-in-record-auction">Patek Philippe Watch Sells for $31 Million in Record Auction</a>

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets.

What Goes Up

A Downer in December?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8c499299-787d-4d89-9093-ae3c0036bbb4/transcript

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