BofA Strategist Who Predicted 60/40 Rally in 2023 Warns of Drop
BofA strategist who correctly predicted this year’s rebound in 60/40 portfolio strategy has warned that the trade could now be set for sharp reversal.
BofA strategist who correctly predicted this year’s rebound in 60/40 portfolio strategy has warned that the trade could now be set for sharp reversal.
A new outlook from JPMorgan's global equity strategy team projects that the S&P 500 will finish 2024 at 4,200.
Capital's strategist, Brian Belski, like many of his peers the on Street, expects stocks to continue rally in 2024 with S&P 500 reaching 5,100.
Corporate earnings calls are no longer littered with talk of recession. Mentions of "recession" are set to fall for a fifth straight quarter.
Six-figure earners who kept the economy chugging along are starting to pinch pennies, signaling the post-COVID spending boom may be over.
As the U.S. economy navigates uncertain waters, the prospect of a recession looms, presenting a complex scenario for investors.
Historical trends indicate that the S&P 500 often experiences significant growth, frequently in double digits.