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Volatility is likely here to stay in the coming months: BofA
August 19, 2024 1:02 PM EDTBank of America analysts are warning that the current market volatility is expected to persist in the coming months.
In a recent note, the investment bank highlighted several factors contributing to this outlook, including a weakening macroeconomic environment and policy uncertainty ahead of the U.S. election.
"Volatility has risen after the VIX remained sub-20 for nearly two years,"... More
S&P 500, stocks will continue to rally 'as long as growth is ok'
August 19, 2024 11:58 AM EDTBank of America analysts believe that U.S. equities are well-positioned to continue their upward trajectory, provided that economic growth remains stable.
In a recent note, the investment bank's analysts emphasized that "as long as growth is OK, equities can withstand a less-dovish Fed."
The focus for the market has shifted from inflation to growth,... More
