Jefferson Expects Inflation To Decline With Fed Rate Steady - Bloomberg

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There were more big healthcare outflows last week - BofA

April 16, 2024 12:24 PM EDT

In BofA's latest equity client flow trends note, analysts at the investment bank said there were equity outflows across client groups last week, with more big healthcare outflows.

The equity outflows continue to be led by single stocks. Last week Bank of America's clients were net sellers of US equities... More

UBS expects S&P 500 earnings growth at 7% to 9%

April 16, 2024 11:48 AM EDT

UBS analysts said in a note Tuesday that they expect S&P 500 earnings per share growth of 7% to 9% in the first quarter, consistent with its full-year target of 9% for 2024.

The investment bank remains neutral on US equities, meaning that investors should maintain allocations in line with their long-term financial... More