Wall Street ends down after stunning jobs growth raises Fed questions

Go back to Wall Street ends down after stunning jobs growth raises Fed questions

Equity conviction is returning but tech not seeing love, claims BofA

February 3, 2023 8:38 AM EST

In BofA's "The Flow Show" note, analyst Michael Hartnett told investors that the conviction in bonds continues.

The analyst explained in his "flows to know" section that there was $7.3 billion into investment grade bonds, while there is "no inflation fear" with a 23rd straight week of TIPS outflows ($1.6... More