Global Stocks With the Highest Triple Momentum Analysis – BofA
BofA's Global Contenders and Defenders List
The Federal Reserve's remark of "the time has come" led to a new high in global stock indices.
On August 23, Eastern Time, Powell made the clearest signal of a rate cut in September, saying "the time has come" at the Jackson Hole Global Central Bank Annual Meeting. After Powell's speech, global stock markets reached historic highs, with the MSCI ACWI index (a global index of all countries) rising more than 9% since its low on August 5.
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