Trump Says Israel’s Strike on Beirut ‘Should Not Have Happened’

Jefferies Sets 9000 Target For Market: Everything Must Go Right Authored by Lance Roberts via RealInvestmentAdvice.com, In this week's Daily Market Commentary, we flagged the growing chorus calling for 9,000 on the S&P 500. The most detailed version comes from Jefferies, which now sees 9,000 by the end of 2027. With the index closing at 7,764.64 on Tuesday, that's another 15.9% from here. Jefferies isn't alone, either. FactSet's bottom-up analyst target sits even higher at 9,261. In a matter of weeks, the S&P 500 9,000 target went from a bold call...

"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To Covid Highs With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge for years. For some, it proved to be a lucrative bet as the "next big short" after various office-heavy CMBX tranches collapsed in 2020 and 2021. But due to the slow-burning nature of commercial real-estate...

Futures, Global Markets Tumble As Oil Soars Amid Fears Of Lenghty Energy Crisis Seven days into the war on Iran and markets are getting increasingly shaky. US equity futures tumbled ahead of the February jobs report, and are on pace to close the worst week for global markets since 2020 deep in the red as the selloff in global bonds deepened after another jump in oil prices fanned fears that the war in the Middle East is fueling inflation. As of 8:00am ET, S&P 500 futures were 0.7% lower while contracts on...