Stock Market Obstacle Is the Worst Liquidity Crunch Since Lehman Brothers
JPMorgan's Marko Kolanovic said that liquidity in US markets "will contract by another $1.1 trillion from here till year-end."
Source: businessinsider.com
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5 Reasons Nvidia Stock Is Top Pick Even After Its AI-Fueled Rally: BofA
"Net-net, we gain more confidence Nvidia can support long-term earnings per share above $20, based on 65% accelerator market share," BofA said.
Source: businessinsider.com
2 Reasons Why Recession Chances in Next Year Have Dropped: Goldman Sachs
Goldman Sachs said stabilization in the housing market gives it confidence that the US will see GDP growth of 1.8% in 2023.
Source: businessinsider.com
Recession Outlook: Economic Decline Unlikely After Hot May Jobs Report
"History does support the idea that May's job growth pushed back the start of a US recession by at least six to 12 months," DataTrek said.
Source: businessinsider.com
Apple Stock Price Hits Record High As Investors Await Mixed Reality Headset
"Consensus opinion is the headset would cost $3,000. Apple could surprise positively with a lower price," BofA said of Apple's rumored headset.
Source: businessinsider.com