Tag: Economy

The stock market appears to be in the middle of a reset, but Bank of America feels investors shouldn’t expect a major rebound just yet.  BofA’s chief investment strategist, Michael Hartnett, argues that the conditions that usually signal the end of a brutal market correction are only partially …

From 1776 to 2026: Adam Smith’s lessons for the global economy

The global economy looks resilient, but the energy shock from the Iran war could flip the script, including for the U.S., which is still battling inflation in the final stretch. In a sitdown interview with Bloomberg, International Monetary Fund (IMF) Managing Director Kristalina Georgieva dropped a …

Jean Chatzky wants you to succeed in planning finances for the long term. She’s got a way of putting her advice in a succinct way. “Get out of your own way,” she says. In my many years of reporting on personal finance challenges Americans face, that recommendation stands out as a blunt — but …

War headlines have a way of sending investors running for the exits. Oil spikes, markets sell off, and the panic feels entirely rational in the moment. But JPMorgan has a message that might surprise you. In its geopolitical market analysis, the bank argues that concerns about war’s lasting impact …

If you thought Costco (COST) was already expensive at $988 a share, Bank of America has some news for you. The bank reinstated coverage Monday with a Buy rating and a $1,185 price target, one of the more aggressive calls on the stock right now, arguing the warehouse giant still has 20 percent …

Australia economy picks up speed in Q4, stretches supply

I’ve been tracking J.P. Morgan’s oil calls for years, and this latest reset feels like the moment the bank fully leans into a “lower for longer, but jumpy” 2026. J.P. Morgan now expects Brent crude to average roughly the high‑$50s to $60 a barrel in 2026…

Italy misses 2025 deficit and debt targets in blow to PM Meloni

Bank of America just made one of the boldest silver price calls on Wall Street. Michael Widmer, the bank’s head of metals research, projects silver could reach anywhere between $135 and $309 per ounce before the end of 2026. The wide range is intentional. Both targets are anchored in historical …