Healthy US December payrolls puts March Fed pivot in doubt

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Go back to Healthy US December payrolls puts March Fed pivot in doubt

BofA remains negative on European equities

January 5, 2024 9:37 AM EST

European equities are priced for macro perfection, according to BofA investment strategist Sebastian Raedler in a note Friday.

Readler told investors that European equities are up by 10% since October and 24% from their trough in Q4 2022, with the rally from the Q4 2022 low "almost entirely been driven by a compression in risk premia, as market sentiment... More