Business

BANK OF AMERICA: Market bulls have been 'silenced' - but there are 2 big reasons they refuse to give up on stocks

1 month ago   |   By

AP/Richard Drew
Bank of America Merrill Lynch's fund-manager survey shows a handful of statistics suggesting bullish sentiment has been tempered.
Yet the stock market continues to climb higher, and BAML sees two reasons investors are so reluctant to throw in the towel.
As the stock market has shaken off recent turbulence and continued its long-running chug higher, some shifts have occurred under the surface that suggest investors aren't as confident as they seem.
For one, cash holdings jumped to 5% from 4.6%, according to Bank of America Merrill Lynch 's latest monthly fund-manager survey...
Read more ...

 

BANK OF AMERICA: Here are 10 reasons why investors should be pulling money from tech

BANK OF AMERICA: Here are 10 reasons why investors should be pulling money from tech

1 month ago   |   By

Scott Olson/Getty Images
Bank of America Merrill Lynch sees the tech industry facing some considerable headwinds going forward, and thinks investors should reduce exposure to the sector.
Michael Hartnett, the firm's chief investment strategist, provides 10 reasons why.
They say all good things must come to an end. And a version of that is playing out in the stock market as the once invincible tech sector suddenly looks vulnerable.
That's according to Bank of America Merrill Lynch , which says global investors should be looking to cut back their allocations to tech. See the rest of the...
Read more ...

 


Search by Tags

   Business      Stocks      Stock Market      BAML      Bank of America Merrill Lynch      Investing      Chart Of The Day      Money      Tech stocks  


TRUMP: US is having 'very productive talks' with North Korea on restoring...

TRUMP: US is having 'very productive talks' with North Korea on restoring summit plans

Manuel Balce Ceneta/AP Images President Donald Trump indicated on Friday that the proposed summit with North Korean leader Kim Jong Un may still happen. In a tweet posted on... Read more ...

Putin has lost faith in Trump's promise to improve US-Russia relations

Putin has lost faith in Trump's promise to improve US-Russia relations

Alexander Zemlianichenko/Pool via REUTERS Russian President Vladimir Putin said President Donald Trump's promises to improve US-Russia relations have stalled because of... Read more ...

Here's A Closer Look At That Crazy Honda Civic Type R Pickup Truck

Here's A Closer Look At That Crazy Honda Civic Type R Pickup Truck

Yesterday was a special day because yesterday, we learned about the amazing Honda Civic Type R pickup truck. Is this the truck that could save the world? All signs point to... Read more ...

Belfast's Europa Hotel hosts major celebration of tourism

Belfast's Europa Hotel hosts major celebration of tourism

Yesterday, Belfast's now-famous Europa Hotel hosted a major celebration of tourism, 40 years on from when it had the disreputable tag of most bombed hotel in the world. In... Read more ...

Donald Trump says he's 'not familiar' with accusations against alleged...

Donald Trump says he's 'not familiar' with accusations against alleged sexual predator Harvey Weinstein

AP Photo/Evan Vucci; Steven Hirsch/New York Post via AP, Pool President Donald Trump told reporters he wasn't familiar with the Harvey Weinstein case. Weinstein has been... Read more ...

How to ask for time off work and actually get it

How to ask for time off work and actually get it

Tropical studio/Shutterstock.com You might think it's better to not ask for vacation time , so you can be a better asset to your company and not frustrate your boss and... Read more ...

Gigi Hadid made $9.5 million last year - and the 23-year-old's total worth...

Gigi Hadid made $9.5 million last year - and the 23-year-old's total worth is just as mind-boggling

Getty Images Supermodel Gigi Hadid raked in $9.5 million in 2017 , according to Forbes. That makes her the fifth highest-paid model of last year, trailing after only her pal... Read more ...

Herbalife sinks after largest shareholder Carl Icahn cashes out a chunk of...

Herbalife sinks after largest shareholder Carl Icahn cashes out a chunk of his holdings

Brendan McDermid/Reuters Carl Icahn's firm, Icahn Enterprises, said in a filing on Friday that it was tendering up to 11.4 million Herbalife shares. Herbalife's stock fell as... Read more ...

The 50 best deals you can get at Nordstrom's huge 'Half Yearly Sale' right now

The 50 best deals you can get at Nordstrom's huge 'Half Yearly Sale' right now

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Nordstrom's... Read more ...

Meghan Markle told her makeup artist that royal life won't change her: 'I'm...

Meghan Markle told her makeup artist that royal life won't change her: 'I'm always going to be Meg'

Aaron Chown/pool photo via AP After marrying Prince Harry on May 19 , Meghan Markle is officially part of the royal family. When longtime friend and makeup artist Daniel Martin... Read more ...