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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-15 16:59:18

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:1.85

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, which will benefit cyclical stocks in sectors like consumer discretionary, energy, and technology. 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=1.85
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