Boiler Room: The Official Stock Market Discussion
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give me some more tesla under 850 
archive.ph
Bank of America’s Hartnett Sees ‘Pain and Exit’ If S&P 500 Dips Below 4,000
Nikos Chrysoloras and
Michael Msika
April 29, 2022, 2:36 PM UTC
A drop below 4,000 index points for the S&P 500 will be a “tipping point,” which could potentially trigger a mass exodus from equities, according to Bank of America Corp. strategists.
Investors have already started fleeing stocks, with outflows from equity funds over the past three weeks adding up to the worst since March 2020, the strategists led by Michael Hartnett said, citing EPFR Global data.
The average S&P 500 entry point for the “huge” $1.1 trillion inflows into stock funds since the start of 2021 was 4,274 index points, which means that “pain and exit” requires a drop below 4,000 points, the strategists said in a note on Friday. That’s about 6.7% below the Thursday close.
Worst Since Nixon
Annualized total equity returns adjusted for inflation are worst since 1974
Source: S&P Global, Bloomberg
Note: 2022 figure based on annualized returns
Global stock markets have been struggling this year, as investors are grappling with fears of an outright recession and aggressive tightening by the Federal Reserve in response to surging inflation. The main U.S. benchmark is down almost 11% since January, a decline which adjusted for inflation is set to be the worst annual return since 1974, according to data compiled by Bloomberg.
Bonds have been suffering the brunt of this year’s investor exodus and world’s government debt is on course for the biggest loss since 1920, according to the BofA note.
“Epic” declines in bonds and stocks in 2022 reflect the “coming flip by central banks” from quantitative easing to quantitative tightening, BofA’s strategists said, adding that market sentiment is “just awful.” While a relief rally is possible, given the depressed sentiment and positioning, it won’t be a big rebound and investors should sell it, according to the note.
The strategists compare the current situation to the 1973-1974 period during Richard Nixon’s presidency and say high “inflation means Fed must tighten until it breaks the economy or the market,” the strategists, who have been consistently bearish on equities, said. “Until it does, asset prices must reset lower.”
Bank of America’s Hartnett Sees ‘Pain and Exit’ If S&P 500 Dips Below 4,000
- Three-week outflows from stocks largest since pandemic started
- U.S. stocks are poised for worst annual return since 1974
Nikos Chrysoloras and
Michael Msika
April 29, 2022, 2:36 PM UTC
A drop below 4,000 index points for the S&P 500 will be a “tipping point,” which could potentially trigger a mass exodus from equities, according to Bank of America Corp. strategists.
Investors have already started fleeing stocks, with outflows from equity funds over the past three weeks adding up to the worst since March 2020, the strategists led by Michael Hartnett said, citing EPFR Global data.
The average S&P 500 entry point for the “huge” $1.1 trillion inflows into stock funds since the start of 2021 was 4,274 index points, which means that “pain and exit” requires a drop below 4,000 points, the strategists said in a note on Friday. That’s about 6.7% below the Thursday close.
Worst Since Nixon
Annualized total equity returns adjusted for inflation are worst since 1974
Source: S&P Global, Bloomberg
Note: 2022 figure based on annualized returns
Global stock markets have been struggling this year, as investors are grappling with fears of an outright recession and aggressive tightening by the Federal Reserve in response to surging inflation. The main U.S. benchmark is down almost 11% since January, a decline which adjusted for inflation is set to be the worst annual return since 1974, according to data compiled by Bloomberg.
Bonds have been suffering the brunt of this year’s investor exodus and world’s government debt is on course for the biggest loss since 1920, according to the BofA note.
“Epic” declines in bonds and stocks in 2022 reflect the “coming flip by central banks” from quantitative easing to quantitative tightening, BofA’s strategists said, adding that market sentiment is “just awful.” While a relief rally is possible, given the depressed sentiment and positioning, it won’t be a big rebound and investors should sell it, according to the note.
The strategists compare the current situation to the 1973-1974 period during Richard Nixon’s presidency and say high “inflation means Fed must tighten until it breaks the economy or the market,” the strategists, who have been consistently bearish on equities, said. “Until it does, asset prices must reset lower.”
Rickdogg44
RIP Charmander RIP Kobe
Look at those multi months in 2000-2001 timeframewell this is slightly reassuring that this was a historically shyt month so cAnt get much worse right. Right
well this is slightly reassuring that this was a historically shyt month so cAnt get much worse right. Right
leverage and derivatives has never been higher, things aren't looking good at all.
DeuceZ
Li pitit gason
archive.ph
Bank of America’s Hartnett Sees ‘Pain and Exit’ If S&P 500 Dips Below 4,000
By
- Three-week outflows from stocks largest since pandemic started
- U.S. stocks are poised for worst annual return since 1974
Nikos Chrysoloras and
Michael Msika
April 29, 2022, 2:36 PM UTC
A drop below 4,000 index points for the S&P 500 will be a “tipping point,” which could potentially trigger a mass exodus from equities, according to Bank of America Corp. strategists.
Investors have already started fleeing stocks, with outflows from equity funds over the past three weeks adding up to the worst since March 2020, the strategists led by Michael Hartnett said, citing EPFR Global data.
The average S&P 500 entry point for the “huge” $1.1 trillion inflows into stock funds since the start of 2021 was 4,274 index points, which means that “pain and exit” requires a drop below 4,000 points, the strategists said in a note on Friday. That’s about 6.7% below the Thursday close.
Worst Since Nixon
Annualized total equity returns adjusted for inflation are worst since 1974
Source: S&P Global, Bloomberg
Note: 2022 figure based on annualized returns
Global stock markets have been struggling this year, as investors are grappling with fears of an outright recession and aggressive tightening by the Federal Reserve in response to surging inflation. The main U.S. benchmark is down almost 11% since January, a decline which adjusted for inflation is set to be the worst annual return since 1974, according to data compiled by Bloomberg.
Bonds have been suffering the brunt of this year’s investor exodus and world’s government debt is on course for the biggest loss since 1920, according to the BofA note.
“Epic” declines in bonds and stocks in 2022 reflect the “coming flip by central banks” from quantitative easing to quantitative tightening, BofA’s strategists said, adding that market sentiment is “just awful.” While a relief rally is possible, given the depressed sentiment and positioning, it won’t be a big rebound and investors should sell it, according to the note.
The strategists compare the current situation to the 1973-1974 period during Richard Nixon’s presidency and say high “inflation means Fed must tighten until it breaks the economy or the market,” the strategists, who have been consistently bearish on equities, said. “Until it does, asset prices must reset lower.”
Wouldn't this be a good time to buy for the long term
Althalucian
All Star
Alright so when we buying though? I got some money coming in and I wanna buy at nightmare time.
Also how bad will black wealth be hit? Trying to look out for some brehs.
Also how bad will black wealth be hit? Trying to look out for some brehs.
Rickdogg44
RIP Charmander RIP Kobe
Those two posts above....
May be put gang time
May be put gang time
Look into Anchor Protocol.
JetFueledThoughts
Superstar
Voyager has 9% APY on USDC, I’ve been in that for a few months now
Also, not for nothin but SoFi does 1.25% APY on both savings and checking accounts… not bad.
If anyone signs up for either of these gimme a shout and use my referral code
I use SoFi is my primary bank now. You need direct deposit for that 1.25%Voyager has 9% APY on USDC, I’ve been in that for a few months now
Also, not for nothin but SoFi does 1.25% APY on both savings and checking accounts… not bad.
If anyone signs up for either of these gimme a shout and use my referral code
JetFueledThoughts
Superstar
Which is exactly why I split my direct deposit so 10% goes into my SoFi acct and the other 90 goes to my main acct