"The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till mid-26E," Bank of America wrote on Monday.
The language sounds like something from an authoritarian state or the US anti-communist purges of the 1950s, but Donald Trump is increasingly focused on one target: "the enemy within."The term "enemies from within" burst onto the US political scene when senator Joseph McCarthy used it while leading his anti-communist crusade in the 1950s.
The stock market was mixed Monday, but once again closed strong. Nvidia jumped while Meta and Spotify are stocks near buy points.