Bank of America and Jefferies name their top stocks to navigate the phenomenon of stagflation — when high inflation meets stagnant growth.
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Wall Street banks think these global stocks will benefit if stagflation takes hold
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Defense stocks continue to come under pressure – why Citi is ‘reluctant’ to buy the dip
Defense stocks have struggled since the Iran war began after several years of solid gains, but Citi analysts say they are “reluctant” to buy the dip — even though they expect revenues to strengthen in the second half. The iShares U.S. Aerospace & Defense ETF (ITA), for example, has dropped about 10% since the start […]
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European stocks fall as inflation fears return; Starmer faces leadership challenge
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images European stocks fell on Friday as inflation returns to investors’ minds following a week of hotter-than-expected U.S. price data, while U.K. Prime Minister Keir Starmer faces a potential leadership challenge. […]
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CNBC Daily Open: Trump’s China trip ends, but uncertainty remains
Chinese President Xi Jinping (not pictured) holds a welcome ceremony for U.S. President Donald Trump, who is on a state visit to China, outside the Great Hall of the People prior to their talks on May 14, 2026 in Beijing, China. VCG | Getty Images Hello, this is Katie Foley writing to you from London. […]
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