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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-16 03:01:11

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Bank of America Predicts 'Goldilocks' Era for US Stock Market as Economy Enters ...

Bank of America Predicts 'Goldilocks' Era for US Stock Market as Economy Enters Favorable Period
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#133aea61 ver:1.87

Bank of America predicts a 'Goldilocks' era for the US stock market as the economy enters a favorable period. The bank expects interest rate cuts in September and a decline in retail sales data, which should support cyclical stocks in sectors like consumer discretionary and energy. The success of this scenario depends on the second quarter earnings season delivering. #StockMarket #Economy #InterestRates #CyclicalStocks...

#newstr #UsStocks #CpiData #UsEconomy #FederalReserve #InterestRateCuts #Q2Earnings #Inflation #TechAndConsumerSectors #WallStreet #UaeRetailInvestors

https://here.news/story/133aea61?ver=1.87
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