Saturday, December 17, 2022

Daily Voice | Banks an excellent pick for earnings upgrade, but two sectors to see downgrades if recession appears, says this investment advisor

Daily Voice | Banks an excellent pick for earnings upgrade, but two sectors to see downgrades if recession appears, says this investment advisor Banks have come up strong with rising credit growth and much more robust balance sheets, and they will flourish in a rising interest rate environment.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-banksexcellent-pick-for-earnings-upgradetwo-sectors-to-see-downgrades-if-recession-appears-says-this-investment-advisor_16778391.html

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...