#BofA strategist #MichaelHartnett told clients that 2026 asset performance mirrors mid-2007 to mid-2008 price action per #TipRanks ​ Brent crude hovers near $100 a barrel as the #StraitofHormuz remains effectively closed, up roughly 40% from pre-conflict levels, according to IRU www.perplexity.ai
Bank of America warns the Magnificent 7's market dominance is over, citing a shift to asset-heavy models and soaring AI capex, and recommends a sell strategy as tech giants' financials grow more complex.
#YonhapInfomax #BankOfAmerica #Magnificent7 #AICapex #ShareBuybacks #MichaelHartnett #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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BoA Says 'Magnificent 7'-Led Market Has Ended—Issues Sell Recommendation

Bank of America warns the Magnificent 7's market dominance is over, citing a shift to asset-heavy models and soaring AI capex, and recommends a sell strategy as tech giants' financials grow more complex.

Yonhap Infomax
Providence nurses, clinicians strike image ... Former White House Economic Adviser Steve Moore joined The National Desk's Jan Jeffcoat to break it ...
Bank of America warns of major sell-off in stock market
Bank of America warns of major sell-off in stock market

Bank of America cautions about a major sell-off in the stock market as jobless claims remained stable last week.

KATU