U.S. inflation hotter than anticipated in January

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The USD will remain strong as long as the Fed signals its 'new paradigm' - Macquarie

February 14, 2024 9:24 AM EST

Macquarie analyst Thierry Wizman said in a note Wednesday that recent comments from Federal Reserve officials suggest the Fed has been thinking about a "new paradigm".

The firm, which noted the comments come alongside strong US growth and higher inflation prints, said the Fed has been considering the... More

UBS cautious on cyclicals - Here's why

February 13, 2024 4:00 PM EST

UBS analysts said in a recent note that they are cautious about cyclical stocks, which are "pricing in a lot."

The firm stated that cyclicals (the aggregate of consumer and industrial cyclicals) "seem to be discounting a PMI of c57."

"This implies we are early cycle, but (very... More

Data points to continued economic momentum - BofA

February 13, 2024 1:00 PM EST

Analysts at BofA believe the ES economy could be re-accelerating, saying in a recent note (before Tuesday's inflation data) that the January data flow generally points to continued economic momentum.

The January data was generally positive, pointing to upside risks to the bank's growth forecasts.

"From a bottom-up... More

Last week saw more record communication services inflows - BofA

February 13, 2024 9:27 AM EST

BofA analyst Jill Carey Hall said in her equity client flow trends note this week that there were more record inflows for communication services stocks.

The analyst revealed that amid continued upward revisions, strong earnings results and a surprise dividend announcement, communication services saw another week of record-breaking... More