The worse the economic situation gets, the more likely there will be massive coordinated monetary and fiscal stimulus to offset the weakness, Tony Dwyer, chief U.S. equity strategist at Canaccord Genuity, said in a note. There is no way to judge the global economic and EPS impact of the COVID-19
Date: Mar 03, 2020
Category: Business
Source: Google
A stock-market bounce will give way to ‘drop’ and retest of the low, says Wall Street analyst
Even if stocks do find their footing and reclaim some ground in the near term, Canaccord Genuity market analyst Tony Dwyer warned against getting too excited. In a Wednesday note, he argued that an attempted recovery would likely follow the same pattern as was seen in the immediate wake of the S&
"The market continues to be in an extreme overbought condition that indicates the recent gains could be temporarily given back, while the fundamental backdrop driven by our core thesis and EPS suggest buying any meaningful weakness," Tony Dwyer, chief market strategist at Canaccord Genuity, said in
Date: Jan 14, 2020
Category: Business
Source: Google
S&P 500 heads for record close on earnings, trade optimism
If higher rates in 2018 and the worsening of the Trade War caused weaker economic data in 2019, so too should much lower rates and softening of rhetoric help the economy and EPS, Tony Dwyer, a chief market strategist at Canaccord Genuity, wrote in a note.
Canaccord Genuity equity market strategist Tony Dwyer recommended it's time to buy the whoosh in the bottoming process. "It is important to remember that bottoms (and tops) should be considered a process and not a price," wrote Dwyer in an email to Barron's. Although each correction might feel lik
Date: Apr 03, 2018
Category: Business
Source: Google
Dow closes 97 points lower as concern over government shutdown looms
"In our view, the market has not adjusted expectations up enough to reflect the current tailwinds for economic and EPS growth, especially given the recent tax legislation," Tony Dwyer, chief market strategist at Canaccord Genuity, said in a note Wednesday. Dwyer was referring to the tax bill signed
Date: Jan 18, 2018
Category: Business
Source: Google
Turns Out It'll Be Congress's Fault If the Stock Market Crashes
I have not talked to a single manager in the last two to three weeks that has actually changed their portfolio based on tax cut legislation, said Tony Dwyer, U.S. portfolio strategist at Canaccord Genuity Inc. whose year-end forecast for the S&P 500 envisions no reduction. If youre going to
As Canaccord Genuity strategist Tony Dwyer puts it: "There has been absolutely nothing wrong with the market rally. The new highs in the major indices were confirmed by market breadth, sector breadth, and corporate credit improvement."