Bank of America’s chief investment strategist sees recession risk rising, is bearish on stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Rising interest rates are increasing risks of a recession that could hit stocks hard, according to Bank of America's top strategist.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I want a job where I spend all day pointing out the obvious. Should have been a government analyst.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks at risk of bearish 'head-and-shoulder' pattern, Bank of America chart analyst saysThe S&P 500 could suffer a significant pullback if it slips below a key level and completes a 'head-and-shoulder' path, according to Stephen Suttmeier. Lol The S&P 500 is currently trading near 4,400 after trading around 4,600 a week ago, looking similar to a previous trading range from late November of last year — with a peak to roughly 4,800 in the middle. When we reach the “knees and toes” part of the cycle we will be good.
Source: CNBC - 🏆 12. / 72 Read more »

Development bank accused of lending millions to companies allegedly linked to forced labor in XinjiangNew research suggests that one of the world's leading development banks has been providing hundreds of millions of dollars in loans to companies that may be relying on forced labor from Uyghur and other ethnic minority groups in China Fake News.. si gendut gak bisa.... Duh anyone doing business in China supports slavery Apple Nike
Source: cnni - 🏆 326. / 59 Read more »