“Oil runs the world”, they said. The crude oil is essential to the economy...
S&P 500 Could Stay above 4,200 If Bond Yields Remain below Historic High of 5%
U.S. stocks can avoid the downtrend as long as its bond yields remain below...
BofA Says ‘Big Recession’ Is Required for a New Structural Bull Market
The Bank of America stated that the Federal Reserve may be signalling its willingness...
BofA Expects Fed to Raise Rates to 6% as US Economy Dipping into Recession in 3Q23
The U.S. Federal Reserve may attempt to increase its policy rate above market’s consensus...
BofA Expects Brent to Average $100 in 2023 amid Falling Demand from Recession
Bank of America expects Brent to average $100 and WTI to average $94 in...
BofA Cuts S&P 500 Target to 3,600 as Recession and Rate Hikes Loom
The Bank of America (BofA) largely slashed its 2022 target for the S&P 500...