Gloomy GDP forecasts suggest even if the floor is in, upside for the Dow and S&P 500 could be limited at best. After a horrific month on Wall Street, the stock market crash has slowed, with the Dow Jones and S&P 500 rebounding off their lows. One of the investment banking world’s top strategists, Bank of America’s Michael Hartnett, believes… Bank of America (BoA) has filed another blockchain patent, documents with the USPTO reveal. The American multinational investment bank stated that it would use blockchain, the underlying technology which powers the world’s leading cryptocurrency Bitcoin, to handle some portions of its cash handling devices. History of Bitcoin Timeline,Wikileaks Bitcoin adress,Bitcoin historic price But even as Bitcoin became a household name, at attracted attention from entrepreneurs and venture funds, the currency’s value has come down to earth (now hovering between $200 and $300 per coin ... The North Carolina Highway Patrol said both Richard Mainor and Tracie Herrick were killed in a late Wednesday night head-on collision along N.C. Highway 27 in Harnett County. Donald Trump sent a big 'thank you' to the New York Post after it became the biggest newspaper to endorse his reelection candidacy – but just two hours earlier the president posted one of his ... In addition to this, Hartnett noted that one of Bank of America’s most popular indicators has overextended to an extreme bearish reading (suggesting a meaningful reversal is possible). With the Dow rebounding more than 2,000 points off its lows, BoA has called an end to the stock market crash. Source: Yahoo Finance I was so appreciative of Patrick O'Shaughnessy for taking the time from hosting his widely successful investing podcast to join me on this episode of Panic. I’ve had the great pleasure of being a guest on Patrick’s podcast Invest Like the Best and now I have the opportunity to turn the tables on him. I guess you could call us podcast experts; although Patrick has been doing his since 2016 ... The market is “primed for Q1’2020 risk asset melt-up,” Bank of America strategists Michael Hartnett and Tommy Ricketts wrote in a Dec. 12 note, pointing to receding risks from the trade war and Brexit. The strategists expect “returns to be front-loaded in 2020” with the S&P 500 surging more than 5 percent to 3,333 by March 3 and the yield on the 10-year note climbing by 35 basis ... Sheila Hartnett-Devlin is Member of The New York Society of Security Analysts, Inc. and on the board of 8 other companies. In her past career she was Managing Director at Cohen Klingenstein LLC, Senior Vice President for American Century Investments Value Yield LLC and Member-Investment Policy Committee at Fiduciary Trust Co. International.
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