Investors stay neutral US equities, bearish Europe - Citi

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U.S. March Consumer Confidence at 104.2, versus estimate 101

March 28, 2023 10:02 AM EDT

U.S. March Consumer Confidence at 104.2, versus an estimate 101

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S&P CoreLogic CS 20-City Index (Jan MoM) -0.43% vs -0.5% Expected; (YoY) 2.55% vs 2.55%

March 28, 2023 9:00 AM EDT

S&P CoreLogic CS 20-City Index (Jan MoM) -0.43% vs -0.5% Expected; (YoY) 2.55% vs 2.55%

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FHFA House Price Index (Jan) 0.2% vs -0.3% Expected

March 28, 2023 9:00 AM EDT

FHFA House Price Index (Jan) 0.2% vs -0.3% Expected

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Advance Goods Trade Balance (Feb) -$91.6B vs -$90B Expected

March 28, 2023 8:30 AM EDT

Advance Goods Trade Balance (Feb) -$91.6B vs -$90B Expected

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Wholesale Inventories (Feb P) 0.2% vs -0.1% Expected

March 28, 2023 8:30 AM EDT

Wholesale Inventories (Feb P) 0.2% vs -0.1% Expected

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BofA client flows to US stocks biggest since October

March 28, 2023 7:53 AM EDT

Bank of America clients continue to buy U.S. equities despite the ongoing banking sector crisis. Last week, during which the S&P 500 added 1.4%, was the fourth consecutive week of inflows and the biggest since October (+$3.7 billion).

All three client groups - hedge funds, retail, and institutional... More

Banking turmoil 'likely to have consequences', stay away from US stocks - Citi

March 28, 2023 7:23 AM EDT

Citi analysts led by Dirk Willer reiterated Underweight on U.S. stocks as they believe the banking sector crisis will likely leave consequences.

Invesco KBW Bank ETF is down 27% in March and Willer warns that the S&P 500 usually goes where banks go.

Sharp selloffs in banks are usually... More