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Home > Latest

Bank of America: Corporate Resilience is the Key Confidence, S&P 500 Target Could Rise to 6600 Points.

date
09/07/2025
The Wise Wealth APP learned that against the backdrop of astonishing resilience in the American business community, the strategy team of Bank of America has significantly increased their forecast for the prospects of American stocks. The bank pointed out that despite the impact of Trump's chaotic trade policies, American companies are still able to maintain their profit guidance levels.
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The trading volume of Shanghai, Shenzhen, and Beijing exceeded 1.3 trillion yuan, an increase of 490 billion yuan from the previous day.
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Vishnu Varathan of RHB Securities says that industry-specific tariffs have a much larger impact compared to equivalent tariffs, as Donald Trump can implement these tariffs relatively unchallenged by law and at a faster pace. Industry-specific tariffs could have an "extremely massive impact on global industry" through a wider ecosystem. He said, "In this crucial context, the situation becomes even more clear: equivalent tariffs, the final deadline, and agreements are nothing more than 'bait traps'".
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SinoPac Securities: The impact of industry-specific tariffs compared to equal tariffs will be much greater.
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