Investors withdrew billions of dollars from equity funds at a record pace in the days after the Federal Reserve, the Bank of England and European Central bank raised interest rates Read more
Tag: BofA
‘We’ve seen this before,” warns BofA. Why inflation could take until 2024 to fall to 3% and weigh on stocks.
U.S. stocks roared higher Thursday after October’s consumer-price index showed inflation rising at a less aggressive annual pace than expected, spurring hopes that the Federal Reserve’s inflation flight may be Read more
BofA cuts home price growth to 0% for next 2-3 years, but still sees no major distress unfolding
Record low affordability and a dearth of houses to buy have credit analysts at BofA Global cutting their outlook for U.S. home price growth to zero in 2023, while also Read more
Get ready for some bullish history to repeat with these stocks, says BofA analysts
Stagflation is coming, but with that comes a silver lining for some equities if history is any guide. That’s according to strategists at Bank of America, who see a macro Read more
Twilio stock should be sold before earnings are released, BofA says
Shares of Twilio Inc. fell sharply Wednesday after BofA Securities’ Michael Funk pulled an about-face on the customer communications software company, swinging to bearish from bullish just one day before Read more
Classic 60/40 investing strategy sees worst return in 100 years: BofA
Rules of thumb in investing appear to no longer apply in the carnage of 2022 in financial markets. Advocates for the 60/40 portfolio split, designed to capture the upside of Read more
Stop selling Las Vegas Sands stock as Macau, COVID risks fade, BofA says
Shares of Las Vegas Sands Corp. rose Thursday after BofA Securities backed away from its bearish call, as risks around its Macau exposure abate, and as COVID risks appear to Read more
A Bear Stearns moment awaits if actions like the Bank of England intervention don’t calm markets, BofA analysts say
The Bank of England may have stabilized the U.K. bond market by aggressive purchases of longer-dated securities a week ago, but it, and other central banks, aren’t out of the Read more
High rents and Fed’s inflation fight to push key mortgage rate above 7%: BofA Global
America’s housing shortage and the Federal Reserve’s inflation battle look poised to push the benchmark 30-year mortgage rate above 7%, according to strategists at BofA Global. More than a decade Read more
A historic global bond-market crash threatens the liquidation of world’s most crowded trades, says BofA
Global government-bond markets are stuck in what BofA Securities strategists are calling one of their greatest bear markets ever — which, in turn, is threatening the ease with which investors Read more
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