S&P posts 4th straight decline as recession talk weighs on Wall Street
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Next two months typically the strongest for flows - Bank of America
December 6, 2022 8:03 AM ESTBank of America equity strategist Jill Carey Hall says the firms clients have continued to buy stocks despite several analysts warning that the relief rally may have ended.
The S&P 500 rose 1.1% last week with the banks clients net buyers of U.S. equities for the fourth consecutive week. Investors were buying small and... More
BofA says S&P 500 could drop to 3000 in H123
December 6, 2022 7:07 AM ESTBofA says S&P 500 could drop to 3000 in H123 before rallying
The upcoming 2023 year is likely to be a year of two halves as far as the equity market is concerned, according to Bank of America strategist Savita Subramanian.
The strategist warns investors that a slew of 1H bears is forming, which makes equity strategist nervous about the outlook for stocks in 2023. As a result, Subramanian expects to see the S&P 500 dipping to as low as 3000... More
