Communication services inflow record fueled by earnings - BofA

Here's how to navigate the US election year amid a potential Biden-Trump rematch - UBS

February 7, 2024 12:30 PM EST

In a note to clients this week, analysts at UBS provided their thoughts on how investors can navigate the US election year amid a potential rematch between Biden and Trump.

The investment bank stated that "nine months is a long time in politics," and political fortunes can shift appreciably over the course of a long presidential campaign, especially as American voters are "subjected to... More

Domestic buying of Chinese equities continues, Japan records meaningful inflows - Morgan Stanley

February 6, 2024 10:12 AM EST

Morgan Stanley analyst Jonathan Garner said in a note Tuesday that Japan recorded "meaningful inflows" while there has been continued domestic buying of Chinese equities.

In his Asia Emerging Market (EM) Equity Strategy memo, Garner explained that EM equity funds saw inflows of $6.7 billion for the week ended January 31,... More

Citi’s Montagu says bullish stock flows have stalled

February 6, 2024 8:56 AM EST

Citi analyst Chris Montagu said in his equity markets positioning model note Tuesday that the January bullish trends stalled as we reached February.

Montagu told investors that the bullish build of longs on US equities throughout most of January slowed, and the S&P and Nasdaq positioning is... More

S&P 500 closes up, focus on earnings and US interest rates

February 6, 2024 6:27 AM EST

By Sinéad Carew and Johann M Cherian

(Reuters) -The S&P 500 closed slightly higher on Tuesday, as investors scrutinized a mixed bag of earnings at big U.S. companies and digested comments from Federal Reserve policy makers for clues about its first planned interest-rate cut.

Minneapolis Fed President Neel Kashkari said the central bank is "not done yet" with inflation although he noted it had come down quickly with three-month and six-month inflation data "basically" at the Fed's 2% goal.

Also, Cleveland Fed President Loretta Mester said that if the U.S. economy performs as she... More

Deutsche Bank now expects US to avoid a recession in 2024

February 6, 2024 5:34 AM EST

Deutsche Bank updated its view on the US economys outlook, saying it now expects the country to avoid a recession that many, including the bank, predicted last year.

When we first adopted a mild recession as our baseline forecast, a key element was that, with an economy far from the Fed's objectives, the history of central bank-induced disinflations showed the path to a soft landing was narrow if not unprecedented,... More

Global S&P Futures mixed in premarket

February 6, 2024 4:07 AM EST

Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $72.80, natural gas mixed, gold at $2040

... More

Short-term investors should consider their positions in tech stocks - Oppenheimer

February 5, 2024 3:13 PM EST

In their latest note covering technology stocks, Oppenheimer analysts said investors have enough reasons to remain bullish on the sector. However, short-term oriented traders should consider their positions carefully near-term, the analysts warned.

Specifically, while our coverage universe has had a modest start to 2024 (+1.6% average gain in January), several... More

The US dollar 'could be bottoming out' - JPMorgan

February 5, 2024 11:54 AM EST

The US dollar "could be bottoming out," according to JPMorgan analyst Mislav Matejka's latest research note on Monday.

Matejka told investors in his February Chartbook that the long-duration trade is to consolidate. In addition, the firm said to stay long growth vs value, while they prefer the US over the... More