BofA: ‘More buying of the dip’ seen among retail and institutional investors


The S&P 500 (^GSPC) continues to further its 52-week low point as inflation came in hotter than expected for April. CPI rose by 8.3%, down slightly from March’s 8.5% but still above consensus forecasts. In light of the market trough, however, a recent Bank of America (BAC) Global Research report notes that retail and institutional…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Canfor to invest $210 million in new Alabama sawmill complex
Our $3M dream home is an unfinished nightmare thanks to rising prices
Interest Rate Market Update
Widman’s Market Barometer, August 17, 2022
Logging Big Gains in Arkansas Forestry (Jeff Wardlaw & Jonathan Dismang Commentary)