Analysts at Bank of America are bullish on semiconductors. They see Nvidia and four others as key winners from 2022 trends. Read More...
Reuters
Buy the dip: Wall Street sell-off presents opportunity – JPM
Marko Kolanovic, chief global markets strategist at JPMorgan Chase & Co, believes Wall Street’s recent sell-off presents a buying opportunity. Four days after reaching an all-time closing high, the S&P 500 has fallen 2.6%, an inauspicious beginning to a new year fraught with inflation worries, a more hawkish Federal Reserve, and spiking infections of the COVID Omicron variant. But calling the pull-back in risk assets “arguably overdone,” Kolanovic believes that going forward, there is “more room for the Fed to surprise on the dovish than hawkish side.”
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