BofA: S&P Valuation Still Rich

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🚨 🚨 #Bank Of #America says valuations for the S&P 500 remain “rich.” In their view, “a bottom is not in”
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Walmart – Insulated From A Recession

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🚨 🚨 #Walmart shares rallied 18% in 2008 in a year in which the S&P 500 declined 38%
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CVS Is Going Into Home-Healthcare

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💊 🩺 #CVS Health is in advanced talks to acquire home-healthcare company Signify Health for $8 billion
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Amazon Does It Again

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🚨 🚨 #Amazon: ‘The Lord of the Rings: The Rings of Power’ was watched by more than 25 million globally
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G7 Proposes Cap On Russian Oil Prices

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🛢 🛢 BREAKING: #Brent Surges 2.62% – G-7 nations back plan to #cap #Russian #oil #prices in a bid to drain the Kremlin’s war chest
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Bitcoin: Get Ready For $15K

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📌📌 #Bitcoin: Get Ready For $15K. #Arcane #Report shows traders have positioned themselves for falling prices
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OCBC: Singapore Stocks Are A “Shelter“

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🇸🇬 🇸🇬 #OCBC Says #Singapore #Stocks Are A “#Shelter” Amidst “Paradigm Shift” For Central Banks
OCBC: “Our baseline [forecast] is that we won’t have a global growth recession this year, but we will see brief and shallow recessions in parts of the world”
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Ringgit: Get Ready For RM4.65

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🇲🇾 🇲🇾 BREAKING: #Nomura Sees #Ringgit #Falling To RM4.65 By Dec 2022
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Fund Assets Attract $4B

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🚨 🚨 #Fund assets attract capital for the second straight week, totaling nearly $4B
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BofA Still Sees Fed Cutting Rates In 2023

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🚨 🚨 Bank of America’s Meghan Swiber still expects the #Fed to #cut rates next year, even after Powell pushed back aggressively on that idea
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