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What you need to know on Wall Street today
Hello. Here's what you need to know on Wall Street today.
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The topsy-turvy rideUS stocksare on right now doesn't simply mark the return of equityvolatility. It could also be signaling the beginning of the end of the nine-yearbull market.
So saysBank of America Merrill Lynch, which argues the uptick in volatility is characteristic of a late-cycle environment — the type that normally precedes significant equity losses. The firm has surveyed more than 200 fund managers overseeing $579 billion, of which a record 74% say the global economy is in the latter part of its cycle.
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- Trump wants to go after Amazon
- Netflix is tumbling as tech stocks continue to get smoked
- Tesla is getting slammed following its downgrade at Moody's
- Apple slips after analysts slash iPhone sales forecasts
- JPMORGAN: Twitter concerns are "overdone"
- MORGAN STANLEY: Nvidia's self-driving selloff is "an overreaction"
- The choppy trading that's rocking stocks is an ominous sign for the future of the bull market
op investors were asked to rate Wall Street's CEOs — here's how Jamie Dimon, Lloyd Blankfein and James Gorman stack up.
Lastly,
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