menu search

Bank of America say they remain bearish US stocks, investors are too bullish, Fed not done

Bank of America say they remain bearish US stocks, investors are too bullish, Fed not done
I had this earlier from Bank of America on their Federal Open Market Committee (FOMC) outlook:Bank of America says the Federal Reserve could take Fed Funds to 6% in the next 12 monthsWith high inflation sticky, BoA argue the risk is for further Fed rate hikes:"We remain bearish; still think biggest 'pain trade' next 12 months Fed funds 6% not 3%,"BoA add that investors have become too bullish and characterize January - March asQ1 recession fearand April to June asQ2 Goldilocks greedSay on narrow... Read More
Posted: Jun 12 2023, 01:49
Author Name: forexlive
Views: 092044

Search within

Pages Search Results: