tag: Bank of America – Charm

Bank of America Foresees Possible 40% S&P 500 Plunge Due To Growth-Stock Bubble

Cs news5 months ago04 mins

Bank of America strategists are warning of a potential 40% crash in the S&P 500, attributing it to a growth-stock bubble. What Happened: The bank’s strategists, earlier this week, drew a comparison between the current market scenario and the notorious “Nifty Fifty” and “dot-com” bubbles of the 1960s and late 1990s. They highlighted the similarities between these periods…

S&P 500 Faces Volatile 2025 As ‘Inflation Boom’ Could Return: Bank Of America Strategist – SPDR S&P 500 (ARCA:SPY)

Cs news8 months ago8 months ago05 mins

The S&P 500 index is wrapping up a historic two-year run of consecutive over 20% gains, a feat achieved only four times in the past 150 years. Yet, Michael Hartnett, chief investment strategist at Bank of America, says the party may not last forever. According to Hartnett’s latest Flow Show report, published Friday, the U.S….