The current level “indicates that the 20%+ annual returns we’ve seen over the past two years are likely behind us,” a BofA strategist said.
Related Posts
Morgan Stanley upgrades this home furnishings stock, calls for nearly 30% upside ahead
Shares of this luxury lifestyle brand may be poised for big gains ahead, according to Morgan Stanley.
Tencent challenges Amazon and Microsoft’s cloud dominance by tapping into its WeChat ecosystem
Tencent Cloud is increasingly leveraging the WeChat ecosystem to set itself apart from competitors, CEO Dowson Tong said.
Salesforce misses on revenue, issues disappointing guidance
Salesforce missed analysts’ expectations for quarterly revenue in its top two categories.