Investors clinging to the benchmark S&P 500 shouldn't get comfortable, and they need to get out of overcrowded stocks before mass selling drives more pain, according to Bank of America's chief stock strategist Savita Subramanian.
"Everyone is talking about this recession, we've got the most telegraphed recession in the history of mankind coming up, and the problem is everyone is using muscle memory to go back into what they think of as the safest equity market, which is the S&P 500.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Three value-stock investors favor these six picks for a rocky 2023OPINION: The Fed will overdo it in its inflation fight, creating a recession that will lead to a 20% decline in the S&P 500 from this already low level, sending the benchmark index down to 3,000 to 3,200 points. Thinking about investing in real estate? Don't overlook the benefits of multifamily properties - strong rental demand, potential for higher returns, efficient property management, and diversification of your portfolio. realestate multifamily investing Perfect! I would love it
Source: MarketWatch - 🏆 3. / 97 Read more »
Investors are bracing themselves. Will 2023 be another rough year?Daily News | Investors are bracing themselves. Will 2023 be another rough year?
Source: PhillyDailyNews - 🏆 89. / 67 Read more »
A New Commercial Hydrogen-Electric Plane Will Boast a 500 Mile RangeAlaska Air Group is partnering with zero-emission aviation firm ZeroAvia to develop a hydrogen-electric commercial airplane. Stop it! What are the chemtrail people going to talk about when this is flying…. And will do so at an altitude of a few thousand feet for 200-350 miles. Then it will need to land with a hope of finding a charging station...
Source: IntEngineering - 🏆 287. / 63 Read more »
Base 2024 Chevy Corvette could add ADAS features and make 500 hp - AutoblogChevy Corvette prototypes fitted with EPA emissions test tailpipes are said to be testing European ADAS system ahead of a 2024 launch.
Source: therealautoblog - 🏆 528. / 51 Read more »
500 jobs expected at new casinoExpect five to six hundred new jobs in the area of Grant and I-10. That’s the workforce the Pascua Yaqui Tribe is expecting for a new casino complex it’s now able to build there.
Source: kgun9 - 🏆 584. / 51 Read more »