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US Stocks Start the Year with a Decline as Concerns over Federal Reserve Policy and Red Sea Unrest Weigh on Market /
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2024-07-17 17:06:07

US Stocks Start the Year with a Decline as Concerns over Federal Reserve Policy and Red Sea Unrest Weigh on Market on Nostr: Bank of America Analysts Maintain December Rate Cut Prediction, Brace for ...

Bank of America Analysts Maintain December Rate Cut Prediction, Brace for Election-Fueled S&P 500 Turbulence
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#8440e2e7 ver:0.54

Bank of America analysts maintain December rate cut prediction, brace for election-fueled S&P 500 turbulence. Investors bet on Trump win and rate cuts, but concerns about Fed policy, supply chain disruptions, and inflation persist. India remains attractive for investment despite elevated valuations. US markets rise on Trump win probability. Investors lean into small caps and energy shares. Treasury markets worry about fiscal consequences. Bank of America predicts rate cut in December, expects stabilizing US economy. Opportunities in energy, financials, and materials. Recovery phase supports value and risk....

#newstr #BankOfAmerica #FederalReserve #RateCut #S&p500 #StockMarket #Economy

https://here.news/story/8440e2e7?ver=0.54
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