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Bank of America Sees Compelling Opportunity in These 2 Buy-Rated Stocks — Including Controversial BUD - Vimarsana News

Bank of America Sees Compelling Opportunity in These 2 Buy-Rated Stocks — Including Controversial BUD

The macro backdrop offers a set of concerns that have weighed on investors recently. These have seemingly put the brakes on 2023’s bull market and include the prospect of interest rates staying elevated for the time being and oil prices on the up again, all while a workers’ strike rumbles on in the background. However, Savita Subramanian, the head of U.S. equity & quantitative strategy at Bank of America, makes the case that the economy is strong enough so that none of that should get in the way

Source: yahoo.com
Be prepared for 7% interest rates, warns Jamie Dimon - Vimarsana News

Be prepared for 7% interest rates, warns Jamie Dimon

New York (CNN) — JPMorgan Chase CEO Jamie Dimon issued a stark warning Monday to Wall Street: The Federal Reserve may be far from finished with its aggressive regimen of

Billionaire investor Bill Ackman says Fed rate hikes are likely over but warns a 'big threat' still looms - Vimarsana News

Billionaire investor Bill Ackman says Fed rate hikes are likely over but warns a 'big threat' still looms

"High mortgage rates, high car rates, high credit card rates — they're starting to have an impact on the economy," Bill Ackman told CNBC.

Source: yahoo.com
The Fed's war on inflation is hitting the profits of S&P 500 firms, Goldman Sachs says - Vimarsana News

The Fed's war on inflation is hitting the profits of S&P 500 firms, Goldman Sachs says

Higher borrowing costs weighed on S&P 500 companies this year as the Fed fought inflation by jacking up interest rates.

Source: yahoo.com
Premarket stocks trading: ESG has lost its meaning. One advocate says let's throw it in the trash - Vimarsana News

Premarket stocks trading: ESG has lost its meaning. One advocate says let's throw it in the trash

Not so long ago, Wall Street had a particular obsession with ESG investing, which favors companies that promise to make certain strides on the environment, societal impact and corporate governance. Nearly every CEO of a major company touted their firm’s progress toward creating a more sustainable future.

Source: cnn.com