Street Might Be Too Bullish

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management

14-May-24 07:00

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Analysts have upgraded their calls the most aggressively in two years after 459 companies in the S&P500 posted profits that were on average 8.5% higher than expected. Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management interprets this for us and what to expect from the Eurozone economy as Germany exits from almost stagflation conditions.

Image Credit: Shutterstock.com

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Shazana Mokhtar, Keith Kam

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Categories: markets, economy, politics, international

Tags: stagflation, ecb, ppi, eurozone economy, germany, joe biden,

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