Fund Managers See Inflation Dropping

🚨 🚨 Bank Of Anerica: 80% of Fund Managers expect lower inflation over the next 12 months

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Fund Managers See Bond Yields Dropping In 12 Months

🚨 🚨 Bank Of America: 56% of those surveyed expect bond yields to be lower in the next 12 months, which marks the largest share on record dating back to 2003

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Investors Wary On Stocks

🚨 🚨 Bank of America’s Global Fund Manager survey shows investors have upped their cash levels and are maintaining a pessimistic outlook on growth and the economy. Specifically, the cash allocation among those surveyed increased to 5.3% from 4.9%, while staying neutral on stocks

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GLP-1: Citi Is Bullish

💉 💉 Citi’s Peter Verdult forecast that GLP-1 drug sales could hit $30 billion for diabetes treatment and $6 billion for obesity in 2023

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Watch Baidu

🇨🇳 🇨🇳 Analysts are bullish on Chinese tech giant Baidu’s latest version of generative artificial intelligence model, Ernie 4.0.

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UK: Inflation Little Changed

🇬🇧 🇬🇧 BREAKING: U.K. inflation came in at 6.7% in September, slightly ahead of expectations and unchanged from the previous month

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Pfizer: 4.90% Yield

💉 💉 Pfizer’s 4.9% Yield: A Contrarian Buy Near 1-Year Lows

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GBP Trades Above $1.22

🇬🇧 🇬🇧 BREAKING: GBP Trades Above $1.22. Traders Still Look To Short On Rallies

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Adidas Lifts Guidance

👟 👟 Adidas lifts guidance again after second Yeezy sneaker boost

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