BofA Survey Shows ‘Dramatic Shift’ Toward High-Flying US Stocks
Concern over China’s sputtering economy created “dramatic shift” in investors’ equity allocation, a rush toward US and exodus from emerging markets.
Concern over China’s sputtering economy created “dramatic shift” in investors’ equity allocation, a rush toward US and exodus from emerging markets.
The stock market momentum seen for much of the year has stalled and one catalyst that could reignite the rally.
Edward Yardeni, the economist who coined the term “bond vigilantes” during the 1980s and has regularly predicted their return to investment landscape.
Investors betting on soft landing for global economy, while big technology stocks are getting more crowded on expected boon to profits from AI.
A hypothetical stock portfolio has taken hands-off investing to a whole new level.
Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking.
Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled.