All asset classes experienced outflows in a week to Wednesday, including the largest withdrawal from stocks since December 2022, according to data from BofA citing EPFR Global data. The breakdown […]
bofa
Can S&P 500 rally without the Magnificent 7 leading the way? ‘Easy’ says BofA
The market enthusiasm for artificial intelligence (AI) has attracted investors to high-flying tech stocks, reminiscent of past bubbles, raising concerns among analysts. The surge in the so-called “Magnificent Seven” tech […]