Not all sectors and industries are created equal. The segments of the market outperforming in the current market backdrop are not the ones investors had gotten used to three, six or even 12 months ago. .
These recommendations are derived from our What’s Priced In? framework, and there are a few well-liked sectors where neutral is the lowest rating for industries comprising the sector . In those cases, we have highlighted neutral-rated names that have the potential of exhibiting a downside surprise.We like the overall risk-reward profile of the sector and are positive on this space as a whole.
Spain's central bank on Tuesday raised this year's economic growth forecast to 2.8% from 2.3%, predicting an acceleration from 2023, largely thanks to booming tourism. It was the second straight outlook upgrade by the Bank of Spain this year following its initial forecast of a 1.9% expansion. The European Central Bank on Thursday lowered its 2024 economic growth projection for that region to 0.8% from 0.9%.The six-month trend in housing starts decreased 2.
‘It will be a real treat for parents who grew up with the show to now introduce their little ones to the world,’ BBC saidIntel's Amazon chip deal lifts investor confidence in money-losing foundry unit
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