Latest news with #ChrisHarvey
Bloomberg
3 days ago
- Business
- Bloomberg
Bloomberg Talks: Mike Wilson
As most Wall Street forecasters rushed to downgrade their stock-market outlooks during April's chaotic selloff, Morgan Stanley's Mike Wilson and former Wells Fargo Securities strategist Chris Harvey stuck to their bullish outlooks, which have so far turned out to be the right call. Wilson speaks with Bloomberg's Lisa Mateo on Bloomberg Daybreak.
Korea Herald
13-08-2025
- Entertainment
- Korea Herald
DRUMROLL PLEASE...G Flip is the latest icon honoured with a Madame Tussauds wax figure
Australian Drummer, Singer, Songwriter and Producer G Flip – Meets Their Wax Double at Madame Tussauds Sydney Download images and RAW video SYDNEY, Aug. 13, 2025 /PRNewswire/ -- Double the talent, one epic moment. Today, Australian music sensation G Flip came face-to-face with their wax figure at Madame Tussauds Sydney - and fans were left doing double takes, asking: which one is real? The unveiling marked a historic milestone, with G Flip becoming Australia's first non-binary celebrity to be immortalised in wax - a moment as powerful as it was personal. Seated on a Yamaha bass drum, surrounded by their signature Absolute Hybrid Maple drum kit, the figure captures G Flip's explosive stage presence, unmistakable swagger, and authentic spirit that continues to strike a chord worldwide. G Flip said:"Wow, this is extremely wild. Very stoked to be made of wax and be the first non-binary wax figure in Australia. It's an honour to be included among so many legends. I hope everyone enjoys whacking some drums with the wax version of me, apologies for the noise in advance." Crafted over ten months by Madame Tussauds' expert team, the wax figure involved over 100 measurements, 300 reference photos and 170 hours of intricate sculpting. From custom drumsticks to hand-inserted hair strands, no detail was overlooked in bringing the artist's likeness to life. "G Flip has revolutionised the Australian music scene with their raw talent and fearless authenticity," said, Chris Harvey, Head of Operations at Madame Tussauds Sydney. "But beyond the music, they've become a beacon of inclusivity and self-expression. This figure celebrates both their artistry and their impact - and we're proud to welcome them to our Sydney Live! zone." As a breakout star with global reach, G Flip continues to defy convention and redefine what it means to be a modern music icon. From sold-out international tours to viral online moments, their influence spans far beyond Australia - resonating with fans of all ages, backgrounds and identities. Now on permanent display, G Flip's wax twin takes centre stage in Sydney Live! joining an all-star lineup of musical legends including Taylor Swift, Harry Styles, Dua Lipa, Kylie Minogue and Troye Sivan. G's interactive experience invites guests to step into the spotlight - grab a pair of drumsticks, take a seat at a Yamaha drum kit for an immersive, hands-on drumming moment and capture the perfect snap! The figure also stands as a proud symbol of representation and visibility, celebrating LGBTQ+ Australians and reinforcing Madame Tussauds' commitment to showcasing diverse icons who inspire and lead with authenticity. The unveiling of wax G marks the beginning another landmark 12 months for G Flip, as they gear up to drop their highly anticipated new album, Dream Ride, this September and make a triumphant return to their homeland for a massive Australian tour in 2026.
Yahoo
24-07-2025
- Business
- Yahoo
One of Wall Street's biggest bulls sees tech powering an 11% gain in stocks through the rest of 2025
The S&P 500 is on track to rise another 11% by year-end, Wells Fargo's Chris Harvey says. Harvey predicts the S&P 500 will pass 7,000 by December, making him one of Wall Street's biggest bulls. That's largely because tech stocks will keep winning amid a strong macro backdrop, he said. The US stock market looks like it's going to keep powering through to new records, says one of the biggest bulls on Wall Street. Christopher Harvey, the chief US equity strategist at Wells Fargo, predicts that the S&P 500 will reach 7,007 by the end of the year. His forecast — now one of the most optimistic on Wall Street — implies the benchmark index climbing another 11% from its current levels, or a 19% gain for the year. Speaking to Bloomberg about his thesis on Monday, Harvey pointed to a handful of reasons that would keep the market climbing higher: AI boom. Mega-cap tech stocks will likely keep climbing higher, Harvey said. He brushed off concerns that the hype over artificial intelligence resembled the dot-com bubble in the 1990s, noting that many companies today have stronger fundamentals. Large-cap tech and AI stocks have been on a tear since their low in early April, shortly after President Donald Trump announced his Liberation Day tariffs. The Roundhill Magnificent Seven ETF is up 41% from its April 8 low. "What we're seeing is the winners continue to win. The uber-cap companies have the higher margins, are gaining more market share. There is a real secular trade in AI that will continue," Harvey said. Strong mergers and acquisition activity. Dealmaking has remained relatively strong on Wall Street, another factor that should support the market, Harvey said. Strategic M&A activity was up 11% year-over-year from January through May, according to an analysis from the consultancy Bain & Company. "We think that M&A will continue to be very, very healthy up and down the capitalization," Harvey added. The US consumer remains strong. Americans keep spending, despite concerns that tariff-related price increases could shut off an important engine of the economy. Consumers ramped up their spending more than expected last month, with retail sales rising 0.6%, according to the US Census Bureau. The Fed is likely to cut interest rates. The central bank looks on track to eventually lower interest rates despite hesitation stemming from President Donald Trump's tariffs in recent months. Investors are pricing in two or three rate cuts from the Fed by the end of 2025, according to the CME FedWatch tool. Those bullish factors override any concerns investors have over the market, Harvey said, pointing to concerns about the impact of tariffs and Trump's escalating feud with Fed Chair Jerome Powell. Investors are worried that tariffs could raise inflation while hampering economic growth, and that Trump could interfere with the Fed's independence, which could stoke inflation down the line. "We had seen Trump 1.0. We know his style," Harvey said, referring to the belief that the president goes hard on his policies before softening his tone. Harvey was one of the few strategists on Wall Street who stuck to his original S&P 500 target for the year, even during the historic sell-off in April as Trump unveiled his slate of tariffs. Forecasters like Goldman Sachs and JPMorgan lowered their stock forecasts and lifted their recession odds, before reversing once Trump paused most tariffs. Read the original article on Business Insider Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
Big Tech, AI to Drive S&P 500 Up Another 11%, Wells Fargo's Harvey Says
Chris Harvey, head of equity strategy at Wells Fargo, explains why he stuck with his year-end target that sees the S&P 500 rallying past 7,000. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
21-07-2025
- Business
- Bloomberg
Bloomberg Surveillance TV: July 21st, 2025
- Chris Harvey, Head: Equity Strategy at Wells Fargo - Angelo Zino, Head: Technology at CFRA - Charles Myers, Chairman and founder at Signum Global Advisors - Claudia Sahm, Chief Economist at New Century Advisors Chris Harvey, Head: Equity Strategy at Wells Fargo, talks about market bullishness and whether his S&P target could change should the president fire Fed Chair Jay Powell. Angelo Zino, Head: Technology at CFRA, joins to discuss Big Tech's AI investment and talent poaching as well as the outlook for the broader tech sector. Charles Myers, Chairman and founder at Signum Global Advisors, discusses Fed independence and how a less independent Fed could reshape markets. Claudia Sahm, Chief Economist at New Century Advisors, on US labor and inflation as well as Jay Powell's future as Fed Chair.
