Wall St ends 2022 with biggest annual drop since 2008
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- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
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- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Dividend stock demand 'should remain elevated' - BofA
December 30, 2022 12:24 PM ESTIn a note to clients Thursday, BofA analyst Alex Makedon said value won in 2022, and investors should "stick with it."
"While Value factors (+5.1% on avg.) trailed Growth factors (+6.0% on avg.) in Nov., Value remains ahead of Growth so far in 2022 (-3.7% vs -4.0%, respectively)," the analyst wrote.
He explained that 2022 was "marked by broad market leadership," with 73% of the almost 50... More
Hedge funds to post worst return in 14 years - Reuters
December 30, 2022 11:44 AM ESTReuters reported Friday, in the last session before the new year, that global hedge funds are set to post their worst return in 14 years.
Aggressive Federal Reserve interest rate hikes and other macroeconomic headwinds have significantly impacted asset prices in 2022. However, Reuters said that some hedge funds that... More
