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The Tech Stock Free Fall Doesn’t Make Any Sense, BofA Says In Rebuke To Investors While Doubling Down On The Sector’s Longevity

by The Wealth Advisor Contributor
As semiconductor stocks undergo another bout of severe volatility, BofA Global Research has issued a sharp rebuke to prevailing market sentiment.

Featured

Max Launches Comprehensive Private Banking and Lending Capabilities To Meet The Needs Of Leading Wealth Management Firms

Max Private℠ provides large RIAs and high-growth advisory firms with white-glove banking services that strengthen client relationships.

Last Month Was The Worst January For Layoff Plans Since 2009: Challenger

Layoff announcements ballooned in January, hitting the highest level for the month since 2009.

Michael Burry Warns Of Cascading Effects From Bitcoin Plunge

Michael Burry warned that Bitcoin’s plunge could deepen into a self-reinforcing “death spiral,” inflicting lasting damage on companies.

Recent

News

Art Cashin, Wall Street Veteran And CNBC Regular, Dies At Age 83

Art Cashin, a renowned market pundit and the UBS director of floor operations at the New York Stock Exchange, has died at the age of 83, UBS said.

FundFocus

Fidelity Fund Increases Valuation Of Equity Stake In Musk's X

A Fidelity Investments mutual fund has increased the valuation of its equity stake in Elon Musk's X by over 32% in October.

Economy

US Economy Poised For 'Solid' Growth In 2025 Because America 'Doesn't Import Recessions': BofA

The US economy is on solid footing right now. Economists at Bank of America expect it to stay that way through next year.

TAMPs

Brookstone: How To Decode Third-Party Market Predictions For Your Clients

While Goldman predicts low returns for the coming decade, these low-return scenarios are rare and short-lived, typically driven by external events. Mark DiOrio emphasized the risk of missing market rallies by focusing too heavily on pessimistic forecasts. 

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The Trust Advisor

Karyna Shuliak Was Set To Inherit Epstein's Infamous Island, Massive Diamond Ring And $50 Million. Who Is She?

FundFocus

Ray Dalio Warns The World Is ‘On The Brink’ Of A Capital War

FundFocus

Bitcoin Sinks After Treasury Secretary Bessent Says US Government Can't Tell Banks To Bail Out Crypto

The Trust Advisor

Hugh Jackman ‘Prepared To Take The Risk’ By Planning To Marry Sutton Foster Without A Prenup In Place

Crypto4Advisors

Bitcoin Price To $10,000 As Markets Barrel Towards Crash ‘Reminiscent Of 2008,’ Bloomberg Analyst Warns

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