Wells Fargo strategist Ohsung Kwon trimmed his S&P 500 year-end target to 7,700 from 7,950, downgrading technology to equalweight due to mounting data center restrictions, election regulatory risks, …
According to the September BofA Global Fund Manager Survey, investors cut equity and commodity allocations while raising cash to 3.9%. Weakening global growth expectations and fears of disorderly bon…
Wells Fargo lowered its year-end S&P 500 target to 7,700 from 7,950, warning of a potential 5% to 10% pullback. The bank cited extreme equity allocations, multiple compression risks, and downgraded t…
Jim Cramer warned that overly conservative bond allocations penalize long-term investors, noting aggregate bond ETFs fell 17% over five years while the S&P 500 surged 70%. The commentary highlights e…