Bloomberg (gated) citing a note from analysts at Bank of America:
- the outperformance of value over growth stocks as market breadth improves could be the next “pain trade” for investors
- also warn of an outright drop in US equities and a widening in investment-grade bond spreads
Info comes via a Bloomberg report.
Late last week Goldman Sachs warned of the concentration of gains amongst the Magnificent Seven (really the Magnificent One ... NVDA)
NVDA stock price forecast