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The Timing Of Rate Cuts Is A Big One

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Markets Have Priced In The Dovish Pivot: Tom Essaye Quoted in Yahoo Finance

3 important things pros say you should watch out for in the stock market for 2024

Tom Essaye, founder of Sevens Report Research: “I agree the timing of rate cuts is a big one that people are focused on, but there are two others I think are equally as important.

First is earnings. Reports recently haven’t been good, and if disinflation turns into a headwind for corporate profits, that could be a surprise in early 2024 because markets have priced in solid earnings growth in 2024.

Second, what if the slowdown is worse than feared? For anyone who has been through previous Fed rate cut cycles, they usually don’t end well for stocks. Yes, it’s possible that this time is different and I agree there are unique circumstances coming from the pandemic, but the complacency towards a gradual slowdown is something that we need to watch early in the New Year.”

Also, click here to view the full Yahoo Finance article published on December 29th, 2023. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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Tom Essaye Quoted in BNN Bloomberg on August 28th, 2023

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Stocks Grind Higher at Start of Busy Economic Week: Markets Wrap

“This week is important because it has the chance to either reinforce the ‘soft/no landing’ and ‘disinflation’ pillars of the rally, or potentially undermine them,” said Tom Essaye, founder of The Sevens Report newsletter. “The former will likely result in a reflex rally, while the latter could open up a sharp drop in stocks. We’ll be watching closely.”

Click here to read the full article.

Tom Essaye Quoted in Yahoo Finance on August 22nd, 2023

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Stocks Fail to Catch a Bid Before Nvidia’s Results: Markets Wrap

The surge in US yields has been the primary reason stocks have declined over the past several weeks, with investors “pushing out” the date of expected rate cuts as they begin to accept the Fed may keep rates “higher for longer,” according to Tom Essaye, founder of “The Sevens Report” newsletter. “It’s not the height of rates that matters as much as how long they stay high,” Essaye noted. “If we see Powell hint at higher for longer on Friday, we will need to brace for more equity market volatility.”

Click here to read the full article.

Tom Essaye Interviewed by Yahoo Finance on June 6th, 2023

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‘Talk of $100 oil is pie in the sky,’ says strategist

“Not only is demand an issue, but also we have Russia basically pumping as much oil as they possibly can, whatever their quotas are supposed to say, to try to fund their war,” Tom Essaye, Sevens Report Research founder told Yahoo Finance Live. Click here to watch or read the full article.

Tom Essaye Quoted in Yahoo Finance on June 6th, 2023

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We’re in the midst of a market ‘melt-up’: Morning Brief

“It’s just Wall Street slang, essentially, for a market that won’t go down, even if there are headlines that mean it should,” clarified Tom Essaye, Sevens Report Research Founder and President. Click here to read the full article.

Tom Essaye Joins Yahoo Finance to Discuss Market Trends to Watch on June 5th, 2023

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5 stock market trends to watch this summer

As the 2023 summer season approaches, Yahoo Finance’s Brian Sozzi breaks down 5 stock market trends to watch this summer. Ben Laidler, eToro Global Markets Strategist, and Tom Essaye, Sevens Report Research Founder and President, join Yahoo Finance Live to discuss what they’re watching this summer. Click here to watch the full interview.

Tom Essaye Joins Yahoo Finance to Discuss Apple’s Latest Product on June 5th, 2023

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Apple stock: Why a headset could send shares even higher

Apple is rumored to reveal a mixed reality headset at their latest WWDC event. Could it be a catalyst to send Apple shares to new highs? eToro Global Markets Strategist Ben Laidler and Tom Essaye, Sevens Report Research Founder and President, discuss how mixed reality headsets could become a tech sector market driver. Click here to watch the full interview.

Tom Essaye Discusses The Market Outlook on Yahoo Finance on June 5th, 2023

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Morgan Stanley expects 16% earnings drop for S&P 500 companies

The S&P 500 is nearing a bull market. But Morgan Stanley analysts are predicting a 16% earnings drop for S&P 500 companies. Ben Laidler, Global Markets Strategist at eToro, and Tom Essaye, Sevens Report Research Founder and President, give their takes on what lies ahead for the market. Click here to watch the full interview.

Tom Essaye Joined Yahoo Finance Live on June 5th, 2023

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Oil prices rise after Saudi Arabia pledges production cut: How it will impact inflation

Oil prices are on the rise after a pledge from Saudi Arabia to cut production into 2024. Ben Laidler, eToro Global Markets Strategist and Tom Essaye, Sevens Report Research Founder and President discuss the impact of this decision upon the global energy market. Click here to watch the full video.

Tom Essaye Quoted in Yahoo Finance on April 19th, 2023

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Why a smattering of notable cyclical stocks are hitting 52-week highs

Sevens Report Research Founder Tom Essaye agrees with the Fed pause narrative fueling stocks but thinks there are also other elements in play. “Market pros expect stocks to drop,” Essaye says. “That means the ‘pain trade’ is higher in the short term, as under allocated advisors and investors begrudgingly chase stocks.” Click here to read the full article.