The bank's strategists say there's a risk that a no-landing scenario will turn into a hard-landing scenario.
Euro area shares have risen by around 4% in March, outpacing their US peers.
This fund manager says hot European stocks are rising because of strong profits, not speculation.
Efforts by the Facebook parent to slash costs helped propel its stock 340% from a 2022 low.
Investor infatuation with tech stocks is starting to resemble the internet bubble at the turn of the century, the bank says.
The Federal Reserve typically cuts rates when the economy is heading for a recession.
The bank sees less upside for global stocks this year.
Put trades have been cited as a catalyst for the biggest slide in three months.
Oppenheimer's John Stoltzfus recommends sticking with winners: cyclical shares and tech stocks.
The drop in volatility has underpinned the rally in U.S. stocks.
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