U.S. producer prices increase; near-term inflation expectations ease
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
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- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
JPMorgan Kolanovic Downgrades Equity Allocation in Model Portfolio to Moderate-Underweight from Overweight
December 12, 2022 3:50 PM ESTJPMorgan Kolanovic Downgrades Equity Allocation in Model Portfolio to Moderate-Underweight from Overweight.
The analyst comments "This year our model portfolio has outperformed its benchmark by ~350bps, thanks to our UW of bonds and OW of commodities. Given the weak near-term outlook for markets, we reduce risk going into... More

