Bank of America predicts that the S&P 500 index will fall 6% by the end of the year

Bank of America said on Wednesday that the S&P 500 index has risen 20% this year, largely due to a surge in corporate profits, but the pressure of rising costs on profit margins may cause the benchmark index to drop 6% before the end of the year. Bank of America stock strategists led by Savita Subramanian expressed cautious views, although they raised the year-end target of the S&P 500 index to 4,250 points from the previous 3,800 points. This target level means that the index will drop about 6% from Wednesday's closing point of 4514.07 by the end of the year. Subramanian wrote:”

新浪美股Sep 9, 2021 09:07

The alarm is flashing! VIX Panic Indicator Warns US Stocks Will Face Another Tough August

Original title: Alarm is flashing! The VIX Panic Index warns that US stocks will face another difficult beginning in August, and concerns about the delta variant of the coronavirus seem to be seeping into the turbulent market. In recent weeks, as the low point of the Chicago Board Options Exchange Volatility Index VIX (which measures the implied volatility of S&P 500 options, the “panic index”) has continued to rise, Michael Purves, CEO of Tallbacken Capital Advisors LLC, said, “This pattern (where lows are constantly forming and moving upward) should

金十數據Aug 3, 2021 20:32

Amazon.Com Inc's profit margin is expected to be covered by a global tax agreement despite its low profit margin.

Global policymakers will ensure that Amazon.Com Inc is included in their international tax plans, even if the US company's profit margin falls below the proposed threshold of 10 per cent, which allows other countries to tax. Finance ministers of the Group of Seven agreed last week on a tax deal so that some of the profits of large companies with profit margins of more than 10 per cent can be redistributed to other countries to be taxed. Amazon.Com Inc estimates global operating margins at about 7.1 per cent this year. But Amazon.Com Inc will be included and details of how to design policies to incorporate the company are still being discussed, according to two people familiar with the matter. Negotiators are studying how to set up, people familiar with the matter said.

新浪財經Jun 8, 2021 02:47