Recession-Ready Bank Stocks Can Rally 50% Next Year, Wells Fargo’s Mayo Says
It’s about to be “showtime” for US banks stocks, with the group likely to surge by 50% next year even as the economy falls into recession.
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Vanguard Fixed-Income Chief Sees Good Year Ahead for Bonds — If You Pick the Right Ones
For Vanguard’s Sara Devereux, the recent debt rally brought chance to reduce credit exposure and buy mortgage agency securities based on valuations.
BofA Says Sell Equities Rally Before 2023 Unemployment Shock
Stock investors’ optimism around a cooling labor market and a Federal Reserve pivot is overdone, according to BofA strategists.
Scotch Whisky Prices Jump as Investors Seek Haven, FT Says
Value of rare Scotch whiskies has climbed by more than a fifth this year as younger investors sought tangible assets amid volatile financial markets.
Veteran Trader Boaz Weinstein Sees 200-to-1 Payoff Potential in Hong Kong Dollar Short
Credit trading veteran Boaz Weinstein said he’s betting against the Hong Kong dollar, joining hedge fund industry peer Bill Ackman in short position.
Oaktree’s Marks Sees ‘Great Bargains’ Coming as Recession Looms
Oaktree Capital founder founder Howard Marks is gearing up for one of the best buying opportunities since the global financial crisis.
After $13 Trillion Stock Crash, Signs of a Turn Are Now Mounting
Appetite for bullish wagers is on rise. Cboe Volatility Index is sitting far below multi-year highs even as equity benchmarks plumb bear-market lows.
