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☆ Bank of America sees a super volatile year ahead but has 2 stock-buy strategies so you can sleep at night
▼ + stars: | 2022-12-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

"We expect another volatile year and recommend owning High Quality stocks … But today's High Quality stocks look different than a few years ago (e.g. The oil refiner posted third-quarter earnings and revenue that beat Wall Street's expectations in October. The health insurer beat analysts' expectations with its third-quarter earnings report in November. Walmart's strength in its third-quarter earnings came from its food business, which is bigger than Target's. Walmart's per-share earnings beat expectations , while Target reported a third-quarter earnings miss and profit that fell by about 50%.

☆ Investors should prepare for a volatile market in January, says BofA's Savita Subramania
▼ + stars: | 2022-12-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should prepare for a volatile market in January, says BofA's Savita SubramaniaSavita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Securities, joins CNBC's 'Squawk Box' to break down potential investment opportunities ahead of the open.

☆ Billionaire Adani becomes NDTV's biggest shareholder after open offer
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Dec 5 (Reuters) - Indian billionaire Gautam Adani's conglomerate on Monday raised its stake in New Delhi Television Ltd (NDTV.NS) to more than 37% through an open offer, making it the biggest shareholder of one of the country's most popular news networks. Although Adani's group was looking to take another 26% stake in NDTV, the open offer attracted bids for just 5.3 million shares, translating to an 8.3% interest in the company. Last week, Adani acquired a stake of about 29.2% in NDTV by buying a company backed by the television network's founders, Radhika Roy and Prannoy Roy, who have a 32.3% stake in NDTV. In the open offer that concluded Monday, corporate investors tendered 3.9 million shares, while retail investors offered to sell over 706,000 shares. Adani had offered to buy NDTV shares at 294 rupees in the open offer, which represents a 25% discount to Monday's closing price.

☆ Wall Street experts are warning that stocks are in for more trouble as a robust November jobs report is crushing investor hopes of a dovish Fed
▼ + stars: | 2022-12-03 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Stocks fell on Friday after the Bureau of Labor Statistics announced a robust November jobs report. But with the economy resilient, the Fed could continue to cause more pain for stocks going forward. November's jobs report, however, puts a pin the hopes of those anticipating easier policy sooner. He added: "Chairman Powell's speech earlier in the week was interpreted with a dovish lens, but that spin is likely to be reassessed based on the jobs report. Even before Friday's jobs report, some Wall Street strategists and money managers have been warning of further trouble ahead.

☆ Sam Bankman-Fried just explained what happened at FTX: Everything to know
▼ + stars: | 2022-12-01 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

While the world's most powerful finance official took the lunchtime billing, it was Sam Bankman-Fried who held the primetime slot. Sam Bankman-Fried, FTX CEO, at a digital assets hearing in 2021. Within minutes of starting, Sorkin asked Bankman-Fried directly if there was a commingling of funds between the two now-bankrupt companies he founded, FTX and Alameda Research. When Sorkin asked whether Bankman-Fried feels he has any criminal liability, Bankman-Fried said that's not what he's focused on right now. Earnings on deck: Toronto-Dominion Bank, Bank of Montreal, and Dollar General Corporation, all reporting.

☆ Bank of America says the US economy is hurtling toward a recession. Their stock chief shares her 5-part investing playbook for thriving during the downturn.
▼ + stars: | 2022-11-30 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Bank of America economists say a mild recession is coming in 1H 2023. In a webinar on Monday, the bank's stock chief Savita Subramanian shared her playbook. First, Subramanian said she likes sectors of the market that offer free-cash-flow yields, growing income streams, and protection from inflation. Next, Subramanian likes two sectors that are more traditional recession plays: consumer staples and utilities. For consumer staples, she said she would start moving out of the sector once the economy shows clear signs of a recovery.

☆ Expect a US recession that will ravage markets and could send stocks spiraling down 24% next year, Bank of America says
▼ + stars: | 2022-11-30 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Bank of America economists expect the US to slip into a recession in the first quarter of 2023. The S&P 500 could plunge 24% from its current level by the end of the year, strategists warned. And it's not just a recession that will rattle markets next year, according to Bank of America. All these factors played a key role in the stock selloff that has seen the S&P 500 plunge 17% in 2022, they noted. Read more: The S&P 500 could drop 24% within months as earnings gloom reaches a crescendo, Morgan Stanley's top stock picker warns

☆ Bank of America sees stocks going nowhere next year and tech continuing to take hits
▼ + stars: | 2022-11-22 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

The S & P 500 will likely end 2023 little changed from where it currently stands despite the concern of a recession, according to Bank of America. The market typically bottoms six months before the end of a recession, Subramanian noted. To be sure, a variety of factors could influence the S & P 500's performance. The bank's more pessimistic outlook has the S & P 500 ending 2023 at 3,000 points – a 24% drop from where it closed on Monday. Within the S & P 500, information technology is down nearly 25% this year.

☆ Value investors make a big comeback with one of their best months since 1978
▼ + stars: | 2022-11-03 | by ( Yun Li | ) www.cnbc.com time to read: 1 min

Traders work on the floor of the New York Stock Exchange during morning trading on November 02, 2022 in New York City. Value investors have come back with a vengeance as inexpensive stocks pulled off a historic month of outperformance against growth names. The Russell 1000 Value index jumped 10.1% in October, beating its growth counterparts by 4.3 percentage points. The value outperformance spread is in the 96th percentile of outcomes since 1978, according to Bank of America. The iShares Russell 1000 Value ETF (IWD ) raked in $444 million inflows last month during the rally.

☆ This contrarian indicator from Bank of America signals a 94% chance stocks are higher a year from now
▼ + stars: | 2022-11-01 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The bank said historically, when the indicator was at current levels or lower, subsequent 12-month S & P 500 returns were positive 94% of the time and the median 12-month return was 22%. "We have found that Wall Street's consensus equity allocation has historically been a reliable contrarian indicator." Bank of America said a range of 60% to 65% represents the traditional "normal" equity allocation for a balanced fund. The S & P 500 is down more than 19% this year. The bank sees the S & P 500 ending the year at 3,600, about 6% lower from where it trades now.

☆ A notorious market bear who called the 2000 and 2008 crashes says stocks would still need to fall more than 50% just to reach valuation norms — and warns of an 'avalanche of earnings disappointments'
▼ + stars: | 2022-10-29 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

John Hussman says stocks would have to fall more than 50% further to hit valuation norms. Stocks have staged an impressive rally in recent weeks, with the S&P 500 up 9% since October 12. For Hussman, valuations are still too high, even though the benchmark index has fallen as much as 25% this year. Still, valuations are nowhere near levels that we associate with satisfactory long-term market returns, so I suspect that more shoes will drop." The earnings disappointments Hussman sees will be caused by restrictive monetary policy from the Federal Reserve that weigh on demand.

☆ Stock pickers are still positioned for a Fed 'soft landing,' mutual fund holdings show
▼ + stars: | 2022-10-26 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Professional stock pickers are still betting that the U.S. economy could skirt a recession, according to Bank of America analysis. Actively managed mutual funds have maintained their pro-cyclical stance with overweights in consumer discretionary and industrials, while having a sizeable underweight in consumer staples, Bank of America's monthly analysis of fund holdings showed. "Long-only mutual funds appear to be expecting a soft landing," Savita Subramanian, BofA Securities head of U.S. equity and quantitative strategy, said in a note. Still, mutual funds are not well positioned to hedge against stubborn inflation or a strong dollar. So far this year, 39% of large cap active funds are outperforming their benchmarks, higher than the 35% average over the past decade, Bank of America said.

☆ Think you've got it bad? Odds are your manager is even more burned out than you are, according to a new survey.
▼ + stars: | 2022-10-22 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

Your manager might be even more burned out than you are, according to new survey from Slack. 43% of the middle managers surveyed reported burnout, more than any other worker group. Among the middle managers surveyed, 43% said they are experiencing burnout as a result of chronic workplace stress. Staff without any workers underneath them reported the second-highest percentage at 40%, followed by senior management at 37%, and executives at 32%. And burnout isn't just bad for workers, it's bad for the bottom line too — causing 32% worse productivity and 60% worse ability to focus, per the survey.

☆ BANK OF AMERICA: Buy these 13 stocks most likely to beat earnings expectations in Q3 — 8 of which are underowned by fund managers
▼ + stars: | 2022-10-11 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

Some on Wall Street think earnings estimates remain too high as the Fed tightens. They shared on Monday 13 stocks they think will beat earnings estimates in Q3. Still, some companies should outperform expectations, Bank of America says, offering opportunities for investors as firms begin to report their third-quarter earnings this month. Bank of America's earnings expectations for the stocks are at least 0.4 standard deviations above the rest of Wall Street. While having a "buy" rating placed on each of the stocks, the bank urged investors not to invest in the stocks solely based on their potential to beat earnings.

☆ Wall Street strategists say this is what investors must watch for in 3Q earnings reports
▼ + stars: | 2022-10-11 | by ( Robert Hum | ) www.cnbc.com time to read: +5 min

As third-quarter earnings season gets underway, investors will be missing a good chunk of the action if they ignore guidance for the fourth quarter. Paint and coatings producer PPG Industries said " sales volume declines were most pronounced in September" and it expects difficult conditions to continue into the fourth quarter. Fourth-quarter earnings estimates for the S & P 500 have already been reduced in half since July 1 – which was just before the start of the second-quarter earnings season. Take a look at what happened during the just-completed Q2 earnings season. That's why it's important to watch what happens with the forward-looking fourth-quarter estimates this earnings season.

☆ Bank of America: History says this seasonal investing strategy has a 100% success rate in down years, and these 28 lagging stocks could benefit most from it
▼ + stars: | 2022-10-11 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Tax-loss harvesting is a popular investing strategy at this time of year. Here are 28 lagging stocks that could see big gains, according to Bank of America. However, history teaches that there is a tactic that has a perfect 100% track record of success when the S&P 500 is down through October, according to Bank of America: buying stocks that are tax-loss harvesting candidates. Tax-loss harvesting is an investing strategy used to make stock market losses less painful. 28 beaten-down buy-rated stocks that could bounce backBank of America recently identified 159 buy-rated stocks that are tax-loss harvesting candidates and could be set to rebound from November through January.

☆ Stock market inflows hit near-records last week suggesting that investors think the bottom is in, Bank of America says
▼ + stars: | 2022-10-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Investors are acting like they think the bottom is in for stocks, Bank of America said in a Tuesday note. BofA clients poured $6.1 billion into US stocks last week, representing the third largest inflow since 2008. The bank tracks the trading activity of its clients, which include hedge funds, institutional, and private investors. The stock buying was broad-based by BofA's clients, with inflows into both individual stocks and ETFs across various sectors and styles. One group of BofA's clients that could drive further buying into year-end is corporations with stock buyback programs.

☆ Billionaire investor Stanley Druckenmiller says owning stocks 'doesn't make a lot of sense' right now as the US economy will likely go into recession in 2023 — and warns the market is in for a decade
▼ + stars: | 2022-09-29 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Billionaire investor Stanley Druckenmiller says the US economy is headed for a recession in 2023. Stanley Druckenmiller delivered a bleak message on Wednesday on the fate of the US economy: a recession is very likely sometime next year. "I will be stunned if we don't have a recession in '23," Druckenmiller said at the CNBC Delivering Alpha conference in New York. Given the poor macroeconomic outlook and the Fed's stated willingness to cause damage to the labor market, Druckenmiller said he's not bullish on risk assets like stocks right now. "You can have a period of 15, 20 years, 10 years where the market doesn't go anywhere.

☆ I'm worried markets won't hit bottom until the Fed cuts rates, says BofA's Subramanian
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm worried markets won't hit bottom until the Fed cuts rates, says BofA's SubramanianSavita Subramanian, BofA Securities head of U.S. equity and quantitative strategy, joins 'Power Lunch' to discuss why she believes stocks can fall further from here, where the strategist would point investors and more.

☆ A former top TD Ameritrade technical analyst says stocks have yet to bottom as shares of several major firms remain 'disconnected' from reality — and warns the market could fall another 22%
▼ + stars: | 2022-09-17 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The S&P 500 is down 19% in 2022. Since January 3, the S&P 500 is down more than 19%. All except for Apple have underperformed the S&P 500, though they are more on par with the performance of the tech-heavy Nasdaq 100, which is down 28.1% this year. It currently sits at 27.54, and tends to rise when the S&P 500 falls. Markets InsiderWhen all is said and done, Bierman said he thinks the S&P 500 will bottom out somewhere between 3,000-3,300.

☆ U.S. companies are reshoring at a rapid pace. Here's how to play the trend
▼ + stars: | 2022-08-27 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

The reshoring trend – or companies shifting parts of their manufacturing and supply chains to different countries – has boomed over the last decade. In 2022, reshoring and foreign direct investment jobs announced coming back to the U.S. is on pace hit a record high of 348,493, according to data from the Reshoring Initiative. The trend also includes companies moving parts of their supply chains or manufacturing to different countries abroad. Investing the trend There are a few ways to play the reshoring trend as it continues to unfold. Analysts covering the space generally recommend picking up stocks in companies that stand to benefit from the trend, as opposed to companies in the reshoring process.

☆ UPS and Fedex are in for reckoning as the e-commerce boom cools and new competitors fight for a shrinking number of packages
▼ + stars: | 2022-05-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +9 min

The pandemic-driven e-commerce boom buoyed results for UPS and FedEx the past two years. E-commerce sales in the first quarter were up nearly 7% from the first quarter of 2021, according to the US Census Bureau. The other is that the slowdown may loosen the two companies' grip on the pricing power they've held for the past two years. On the downward slope of the pandemic e-commerce boom, UPS and FedEx are going to be left with a smaller slice of a smaller pie. So far, both carriers are holding fast to their pricing power in the customary first-quarter contract negotiations, according to Roberson.

☆ An exclusive interview with market sage Jeremy Grantham, plus wisdom from a 29-year-old crypto billionaire
▼ + stars: | 2021-05-16 | by ( Business Insider | ) www.businessinsider.com time to read: +1 min

I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets. Here's what's on the docket:If you aren't yet a subscriber to Insider Investing, you can sign up here. Grantham also broke down the psychology of investing in bubbly assets like Dogecoin — and revealed where long-term investors can find cheap assets. In an exclusive interview, Bankman-Fried shares his tips for investors looking to get into crypto trading. She shared 2 trades for investors looking to capitalize on an inflationary environment.

☆ Dozens of Goldman Sachs partners have departed the bank since David Solomon became CEO. See the running list here.
▼ + stars: | 2020-02-27 | by ( Carter Johnson | Dakin Campbell | ) www.businessinsider.com time to read: +6 min

David Solomon has been Goldman Sachs' CEO for more than four years after succeeding Lloyd Blankfein. There's been a lot of talk about morale at Goldman Sachs. In reality, Solomon said, there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." "At the moment, year-to-date, our turnover is at a 5-year low, not just for partners, in the whole firm," Solomon added. Here is a running list of Goldman's partners that have retired from the firm — or moved on to roles at other companies — since Solomon became CEO.

It doesn't take a million followers to start earning thousands on Instagram, as Emily King and Corey Smith of @wheresmyofficenow have learned. Users with a few million followers, like the couple Jack Morriss and Lauren Bullen, make six-figure incomes and as much as $9,000 per post traveling the world and snapping eye-popping photos. The second most popular post was of King wearing a bikini, standing on the van's front bumper. In the next most popular, King is in a bikini, slicing lemons. "'They want to see Emily in a bikini, they want to see a sun flare, they want to see the van,' Smith said.

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