Fed's Williams reiterates rate cut likely later this year

Which sectors benefit from Trump's policies? Analyst weighs in

In the event of former U.S. President Donald Trump winning the race to the White House this year, Sevens Research Report assessed which sectors could be impacted by Trump's potential policies.

The firm noted Mr. Trump "soundly defeated Nikki Haley in the South Carolina primary over the weekend, securing 59.8% of the vote in Haley's home state." In doing so, it "solidified the reality that Trump will be the Republican nominee barring some unforeseen medical event or conviction in one of... More

BofA says this S&P 500 rally could exceed 5400

Based on the movement in January and February, BofA analysts see the S&P 500 pushing above 5400 this year.

The firm explained that a 1.6% rally for the S&P 500 (SPX) in January generated a bullish January Barometer signal for 2024, and with the SPX continuing to rally in February with a 5.2% gain for the month, this "triggers a bullish January-February Barometer for 2024."

After... More

The current equity bubble is 'not large yet' - Citi

Despite the recent solid equity performance so far this year, Citi analysts feel the current bubble is not yet overly large in terms of price appreciation, duration, valuation, or sentiment.

The firm made the comments in a research note to clients this week, noting that the current... More

BofA remains bearish on EU stocks

Bank of America analysts maintained their negative view of European equities in a note Friday, saying they expect macro momentum to weaken.

The bank notes that European value versus growth stocks have dropped to a two-year low, driven by sharp sector swings. This is despite higher bond yields.

"Value stocks have underperformed growth stocks by 10% since the start of the year, leaving the... More