Earnings matter more than politics for S&P 500 gains, BofA says (SP500:)
4 Articles
4 Articles
BoA: Corporate Earnings Over Politics; S&P 500 Rises 68%, Accompanied by Corporate Profits. Recently, political news has emerged as a major variable in global stock markets. This is because there are increasing instances where the stock market sways in response to remarks by politicians. Particularly in the United States, ahead of the midterm elections, which party controls Congress...
Bank of America has a blunt message for S&P 500 investors
Bank of America wants investors who are looking at the stock market through a political lens to ‘follow the profits’. In an analysis stretching back to 1936, the bank found a bigger divide between winning S&P 500 years based on earnings growth than on which party held the White House. Political…
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