“Strong job growth and falling unemployment, despite still-slow GDP, suggest that Fed hikes are on the horizon and likely strengthen the dollar further. We see risk of a near-term 5 to 9 percent dip.”
— Excerpt contributed by Jason Kelly
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Z-val: | David Bianco |
Via: | Bloomberg |
Date: | 3/10/15 |
Disposition: | Immediate-Term Bearish |
S&P 500 on 3/10/15: | 2044 |
S&P 500 on 4/10/15: | 2102 |
Change: | 2.8% |
Judgment: | Wrong |
Z-val definition and more forecasts in The Z-val Zone.