Even though October’s correction has brought about some relief for bond markets and revivified the rate sensitive sectors of the stock market, Bank of America’s strategists recommend staying risk-off until after the midterms and the next Fed meeting.
The S&P 500’s strong overall performance reflects its heavy weighting at the top. Under the surface, nearly 40% of the index’s stocks are down at least 20% from their 52-week highs.
The London-based bank recommends holding on to Big Tech stocks ahead of their earnings, but has a preference for companies with strong business models.
Federal Reserve Chairman Kevin Warsh had the opportunity Thursday night to shape expectations before the central bank’s interest-rate-setting meeting in two weeks — and in keeping with his practice of leaving markets guessing, he chose not to.
Nashville has long been home to many big names in R&B and country music, but over the last few years, celebrities from a variety of industries have flocked to the Music City.
Tesla’s demonstration of a levitating Roadster sports car was “an engineering flex with no commercial value beyond embarrassing traditional car makers.”
Investors have a ‘love-hate relationship’ with tech stocks now — and experts recommend selectively hunting for bargains while also betting on the major cloud companies.
Wall Street’s views on CoreWeave are starkly divisive as investors pay more attention to the financial details of big artificial-intelligence companies.
A continued selloff in the AI trade is forcing investors to move from tech names to the relative safety of government bonds and defensive stock sectors.
Baby boomers have been the biggest force driving home sales over the last few years. Many of them are moving to be close to family, and in particular, their grandchildren.
