Slowing GDP and accelerating earnings are predicted to be beneficial for stocks.

From Investing.com: 2024-06-01 04:29:02

Bank of America Securities analysts predict a best-case scenario for stocks with slowing GDP and accelerating earnings growth. Quarterly earnings beat consensus by 3%, rising 7% year-on-year, with all sectors except Healthcare surpassing expectations. The equity cycle feels different than the macrocycle, with BofA’s models pointing towards a strengthening upcycle in equities.



Read more at Investing.com: Slowing GDP and accelerating earnings is best for stocks By Investing.com