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This line with a perfect track record says the market hasn't bottomed out yet, says Bank of America star analyst

This line with a perfect track record says the market hasn’t bottomed out yet, says Bank of America star analyst

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Rules are there to be broken. That might be a standard mantra for anarchists. But for traders, such thinking can prove dangerously dismissive. Investors should therefore consider the latest note from Bank of America’s Savita Subramanian, in which the star analyst describes how “one line with a perfect track record says the market hasn’t bottomed.” …

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Has the Fed 'Misinterpreted' Stock Market Again? What strategists say about the reaction to the July minutes

Has the Fed ‘Misinterpreted’ Stock Market Again? What strategists say about the reaction to the July minutes

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Minutes from the Federal Reserve’s July meeting — at which policymakers raised benchmark interest rates by 75 basis points — indicate that stock market participants were pricing in a “less aggressive” policy outlook too quickly, some strategists argued Wednesday. Federal Reserve officials agreed in July that it was necessary to raise their benchmark interest rates …

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