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BofA turns bullish on stocks. Plus, why markets are displaying little reaction to the crisis in the Middle East

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The S&P 500 is down 5 per cent from the July 31 high but BofA U.S. quantitative strategist Savita Subramanian believes the worst is behind us and that government fiscal initiatives are set to drive North American profits and markets higher.

there has been US$116-billion in projects announced under the IRA and spending is expected to accelerate. Why is this retiree having so much trouble finding a financial planner to help him draw on his savings tax-efficiently?

 

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Stocks reverse losses, oil surges with focus on Middle East conflict: Stock market news todayThe prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.
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Stocks rise, oil surges with focus on Middle East conflict: Stock market news todayStocks moved higher despite a dose of geopolitical risk added to interest-rate and inflation concerns already facing markets.
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