Investors still haven't priced in the impact on stocks of higher-for-longer oil prices as OPEC+ embarks on production cuts, Bank of America says

Investors still haven't priced in the impact on stocks of higher-for-longer oil prices as OPEC+ embarks on production cuts, Bank of America says

Business Insider

Published

Wall Street analysts are "overly optimistic" about 2023 earnings expectations for the S&P 500 with oil prices likely to rise, said BofA.

Full Article