Bank of America: New tariffs to hit earnings and cause stocks to plateau through the end of the year

[tacobell fan]

• Bank of America has a year-end target for the S&P 500 of 2900 points, just a hair below Thursday’s closing price of 2953.56 points.
• The firm sees a host of pressures dampening stocks for the rest of 2019, with “downward revisions to estimates” from corporate earnings a key concern as the trade war with China escalates.
• Despite the expected hit to companies’ results, Bank of America said that “we still like US stocks.”

[Idassamed]

Cool

Inko one year varaku no issues aithe

[tacobell fan]

5 minutes ago, Idassamed said:

Cool

Inko one year varaku no issues aithe

Save Investors. Please do the needful.

[Idassamed]

14 minutes ago, tacobell fan said:

Save Investors. Please do the needful.

Ack vote for thaatha in return.