Wang Ying | Xinhua News Agency | Getty ImagesWith data on employment and consumer spending showing that the United States economy may have already bottomed, it is time for a new group of stocks to lead the way, according to Bank of America.
"We expect a cyclical rebound following containment of COVID-19 and an exit from the 'downturn/recession' phase of our Regime Indicator given pent up demand and a resumption of normal economic activity," the note said.
Pro The recovery?
Pro But they predicted square to lose half its businesses 🤔 I'd think their is some correlation.. no?
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
There's a 'disconnect' with bank stocks and they should climb higher, top analyst saysWells Fargo's Mike Mayo said on 'Fast Money' that bank stocks can climb higher still after a strong week for the sector. that's crap. their barely suriving even with all the Fed. stimulus money. Key graph in story, a.k.a “burying the lede: “In a note released Monday, Mayo wrote that investor feedback to Wells Fargo since last week’s call to raise price targets indicated a willingness by clients to take larger positions in bank stocks.” First Housing , now it's auto loans ! What next ?
Lire la suite »