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BofA Strategists Make Contrarian Bet on Shunned European Stocks
(Bloomberg) -- Strategists at Bank of America Corp. are making a contrarian bet on European stocks as the continent’s main equity index heads for its worst year of underperformance relative to the US since 1976.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasScope for fiscal spending appears to be improving in Europe, while any potential ceasefire in
Wall Street sees 'slower' pace of Fed rate cuts in 2025
Markets project just two Fed rate cuts next year as inflation remains sticky.
What Wall Street Analysts Think of Salesforce's Stock Ahead of Earnings
Salesforce is set to report third-quarter earnings after the market closes Tuesday, with analysts largely bullish on the cloud software company's stock.
2025 housing market outlook: a forecast
Eight predictions for what’s ahead.
French Yields Close In on Italy With Safe Market Image in Ruins
(Bloomberg) -- First Ireland, then Portugal and Spain, and now Greece. One after another, countries at the heart of Europe’s debt crisis more than a decade ago are outshining France, as its standing as a safe-and-stable bond market disintegrates.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasAs the political crisis in Paris drags on, the question on
“We’re here to catch the switchers” – Lipton on attracting tea drinkers in China’s deflationary market
Hiufan Tsang, general manager of Lipton Teas and Infusions’ business in China, on how the company is trying to stay relevant with the region’s consumers.
Ethereum Eyes $4K as Leveraged ETF Demand Soars 160% and Market Dynamics Shift
Investor interest in leveraged Ethereum products has surged, with VolatilityShares’ 2x Ether ETF seeing a 160% increase in exposure since early November.
The vintage year for US stock markets that few people expected
(Bloomberg) -- A year ago, equity investors and strategists braced for a potential turbulent 2024, worrying about the risk of a hard landing for the US economy and interest rates cuts that could come too late to prevent it. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasFast forward to now: 2024 is set to enter Wall Street’s hall of fame of bull yea
Oil Drifts Lower in Thin Trading on Cease-Fire, OPEC+ Delay
(Bloomberg) -- Oil drifted lower in thin post-holiday trading on uncertainty about OPEC+’s production plans and the durability of a truce between Israel and Lebanon-based Hezbollah.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesBrent shed 1.3% to settle below $72 a barrel. A cease-fire deal that halted more than a year of fighting between Israel and Hezbollah appeared to be holding, despite both