Head of U.S. equity and quantitative strategy at Bank of America, Savita Subramanian offered her best strategy for navigating financial markets that have seemed topsy-turvy in recent weeks as the U.S. economy attempts to mount a sustained recovery from COVID-19.
She pointed to small-capitalization stocks as an area where investors could identify such assets, which would benefit from a solid U.S. economic recovery and offer consistent yields at a comparatively attractive price. The S&P 500’s energy sector SP500.10, +3.16% surged 3.2% on Wednesday and financials SP500.40, +1.58% soared 1.6%. Overall, the S&P 500 index SPX, +0.95% and the Dow Jones Industrial Average DJIA, +1.00% rose 1% on Wednesday for the best one-day gain for the benchmarks in about two months. The technology-laden Nasdaq Composite Index COMP, +1.02% also closed up 1% for its best day since Aug. 27.
Wonder if she could navigate Bofa deez
When the fed is pumping the market of course it’s easy.
BofA..! BofA really..? Aren’t they part of the Fed..? O’h my bad there just BofA Lawyers in continuous Law Suits…
Oh boy... such disrespect. Never say 'really easy' and stock market in the same sentence. Market will humble you.
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