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The bank said quality stocks should "continue to lead given the likelihood of more Fed hikes," while value stocks have a chance to accelerate as profits grow.
We haven't written up this one. CNBC has the full story — the link below goes straight to it.
Katie Stockton breaks down the charts on Arm Holdings.
Higher interest rates will significantly affect consumer borrowing costs and savings returns, but the impact will not be felt equally across all households.
A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, experts say.
The 10-year Treasury yield on Wednesday rose to around 5.1 percent, as investors grew more convinced the Fed Reserve will raise interest rates again.
In an era of higher interest rates, banks have reaped big profits due to consumers’ reluctance to move money out of low-interest checking accounts that offer convenience and ready access to money.
