😊_老虎社区_美港股上老虎

48b9b433
2021-05-12

😊

Beware heightened risks of ‘fragility shocks’ in a market too dependent on the Fed, BofA warns

Investors will likely need ‘to walk a Goldilocks tightrope’ this summer, say analysts at Bank of Ame

Beware heightened risks of ‘fragility shocks’ in a market too dependent on the Fed, BofA warns

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":193446171,"tweetId":"193446171","gmtCreate":1620813963393,"gmtModify":1634196116705,"author":{"id":3581914613506442,"idStr":"3581914613506442","authorId":3581914613506442,"authorIdStr":"3581914613506442","name":"48b9b433","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>😊</p></body></html>","htmlText":"<html><head></head><body><p>😊</p></body></html>","text":"😊","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/193446171","repostId":1173522983,"repostType":4,"repost":{"id":"1173522983","kind":"news","pubTimestamp":1620813904,"share":"https://www.laohu8.com/m/news/1173522983?lang=&edition=full","pubTime":"2021-05-12 18:05","market":"us","language":"en","title":"Beware heightened risks of ‘fragility shocks’ in a market too dependent on the Fed, BofA warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1173522983","media":"MarketWatch","summary":"Investors will likely need ‘to walk a Goldilocks tightrope’ this summer, say analysts at Bank of Ame","content":"<blockquote>\n Investors will likely need ‘to walk a Goldilocks tightrope’ this summer, say analysts at Bank of America.\n</blockquote>\n<p>Fragility risks in the market are at the highest ever, as investors keep looking to the Federal Reserve to extend a massive stock-market rally thatrepeatedly has risen to fresh recordsthis year, according to analysts at Bank of America Corp.</p>\n<p>“Markets remain overly dependent on the Fed and are inherently fragile,” the bank’s equity-linked analysts said in a BofA Global Research note Tuesday. Two of the four biggest “fragility shocks” since 1928 were seen in the S&amp;P 500 index in just the last three and a half years, they said in the equity derivatives report.</p>\n<p>Thestock market is vulnerableafter staging a huge recovery from last year’s trough in the Covid-19-induced selloff — a downturn that prompted the Fed to swoop in with rescue programs designed to support markets and an imperiled economy. The S&amp;P 500 has soared nearly 90% from the Covid low for the second-fastest rally for U.S. equities since 1928, the BofA Global Research report shows.</p>\n<p>Investors have worried thatsigns of rising inflationin the economic rebound could result in the Fed tapering its asset purchases or raising its benchmark interest rate sooner than anticipated. One concern is that a less accommodative Fed couldhurt the valuations of high growth stocks.</p>\n<p>The market’s reaction to a weaker-than-anticipated jobs report on Friday underscored its reliance on the Fed, as the“bad news” was treated as “good news,”according to the analysts, who pointed to the jump that day in the technology-heavy Nasdaq Composite index. In other words, stock-market investors took thedisappointing jobs reportas reason for the central bank to remain dovish.</p>\n<p>“The Fed has their pedal to the metal trying to restore the pre-Covid labour market,” the analysts wrote. “While the Fed can’t afford to appear uncertain, their dogmatic confidence that inflation won’t become problematic is equally suspect.”</p>\n<p>U.S. stocks fell Monday and extended losses into Tuesday. The Nasdaq Composite indexCOMP,-0.09%was down 0.2% in afternoon trading, while the S&amp;P 500SPX,-0.87%fell 1% and the Dow Jones Industrial AverageDJIA,-1.36%was 1.5% lower.</p>\n<p>“Markets will likely need to walk a Goldilocks tightrope over the summer,” the Bank of America analysts said.&nbsp;That means investors will need to navigate increasingly “tricky territory” where they’re avoiding both the upsiderisks of inflationand overheating as well as the downside risk that “herd immunity remains elusive” as the pandemic persists, according to their note.</p>\n<p>Risks on both sides of the tightrope could be catalysts for market shocks.</p>\n<p>“Fragility will strike again, as valuations and positioning look stretched,” the analysts warned. “Trading liquidity continues to be poor.”</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beware heightened risks of ‘fragility shocks’ in a market too dependent on the Fed, BofA warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeware heightened risks of ‘fragility shocks’ in a market too dependent on the Fed, BofA warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 18:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beware-heightened-risks-of-fragility-shocks-in-a-market-too-dependent-on-the-fed-bofa-warns-11620758626?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors will likely need ‘to walk a Goldilocks tightrope’ this summer, say analysts at Bank of America.\n\nFragility risks in the market are at the highest ever, as investors keep looking to the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beware-heightened-risks-of-fragility-shocks-in-a-market-too-dependent-on-the-fed-bofa-warns-11620758626?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/beware-heightened-risks-of-fragility-shocks-in-a-market-too-dependent-on-the-fed-bofa-warns-11620758626?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173522983","content_text":"Investors will likely need ‘to walk a Goldilocks tightrope’ this summer, say analysts at Bank of America.\n\nFragility risks in the market are at the highest ever, as investors keep looking to the Federal Reserve to extend a massive stock-market rally thatrepeatedly has risen to fresh recordsthis year, according to analysts at Bank of America Corp.\n“Markets remain overly dependent on the Fed and are inherently fragile,” the bank’s equity-linked analysts said in a BofA Global Research note Tuesday. Two of the four biggest “fragility shocks” since 1928 were seen in the S&P 500 index in just the last three and a half years, they said in the equity derivatives report.\nThestock market is vulnerableafter staging a huge recovery from last year’s trough in the Covid-19-induced selloff — a downturn that prompted the Fed to swoop in with rescue programs designed to support markets and an imperiled economy. The S&P 500 has soared nearly 90% from the Covid low for the second-fastest rally for U.S. equities since 1928, the BofA Global Research report shows.\nInvestors have worried thatsigns of rising inflationin the economic rebound could result in the Fed tapering its asset purchases or raising its benchmark interest rate sooner than anticipated. One concern is that a less accommodative Fed couldhurt the valuations of high growth stocks.\nThe market’s reaction to a weaker-than-anticipated jobs report on Friday underscored its reliance on the Fed, as the“bad news” was treated as “good news,”according to the analysts, who pointed to the jump that day in the technology-heavy Nasdaq Composite index. In other words, stock-market investors took thedisappointing jobs reportas reason for the central bank to remain dovish.\n“The Fed has their pedal to the metal trying to restore the pre-Covid labour market,” the analysts wrote. “While the Fed can’t afford to appear uncertain, their dogmatic confidence that inflation won’t become problematic is equally suspect.”\nU.S. stocks fell Monday and extended losses into Tuesday. The Nasdaq Composite indexCOMP,-0.09%was down 0.2% in afternoon trading, while the S&P 500SPX,-0.87%fell 1% and the Dow Jones Industrial AverageDJIA,-1.36%was 1.5% lower.\n“Markets will likely need to walk a Goldilocks tightrope over the summer,” the Bank of America analysts said. That means investors will need to navigate increasingly “tricky territory” where they’re avoiding both the upsiderisks of inflationand overheating as well as the downside risk that “herd immunity remains elusive” as the pandemic persists, according to their note.\nRisks on both sides of the tightrope could be catalysts for market shocks.\n“Fragility will strike again, as valuations and positioning look stretched,” the analysts warned. “Trading liquidity continues to be poor.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Beware heightened risks of ‘fragility shocks’ in a market too dependent on the Fed, BofA warns

评论（1）

热议股票