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The 'Ghosts of 2007' and the graybeard 'Nifty 50': BofA looks at the rare situation in markets and finds ominous parallels to the GFC and the dotcom bubble
Conditions are like they were in 2007, or in the late 1990s, depending on how you look at the Fed raising rates during rising inflation, and the top 50 stocks dominating.
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fortune.com
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Markets are usually bubbly on Jackson Hole week. This year that might not happen | Fortune
“We suspect the knee-jerk Jackson Hole reaction will be different in ’25 vs. for most of Powell's tenure,” wrote Bank of America in a note to clients this morning.
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The 'Ghosts of 2007' and the graybeard 'Nifty 50': BofA looks at the rare situation in markets and finds ominous parallels to the GFC and…
Conditions are like they were in 2007, or in the late 1990s, depending on how you look at the Fed raising rates during rising inflation, and the top 50 stocks dominating.