U.S. stocks saw their third-largest inflow of 2024, with $33.8 billion moving into the asset class last week, Bank of America ...
"Rate cuts not a likely spark for equity buying from the $6.2 trillion money market fund (sector)," BofA strategists, led by Jared Woodard, wrote. "History shows the first Fed cut precedes more ...
Optimism around the Federal Reserve’s highly anticipated interest-rate cuts has boosted investor sentiment for the first time ...
While some market participants have speculated about a more aggressive 50bps reduction, BofA remains confident in its projection of a 25bps cut. The bank's analysis suggests that the Fed's ...
Investors put $60.8 billion into cash funds in the week to Wednesday, adding to the largest five-week inflow into cash since December 2023 at $231 billion, BofA said ... putting the Fed on track ...
US inflation slowed to 2.5 percent in August, paving the way for a potential Fed rate cut. Federal Reserve Bank of Atlanta ...
For the S&P 500, BofA's model, which equally weights shorter and longer-term ... The bullish bets on stocks come amid expectations in Fed policy in the wake of the Federal Reserve Chairman Jerome ...
BofA views this data as a key factor in shaping the Fed's monetary policy. "The August jobs data would be pivotal for the speed of Fed cuts in the near term. Broadly, we see three paths for ...
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making ...