[bank of America: trillions of dollars are waiting to enter the market US stocks will rebound strongly next year] according to a new report released by Bank of America (Bank of America) on Monday, as corporate profits are impressive and trillions of dollars of idle money will be invested, the US stock market is expected to rebound strongly in 2024. The bank stressed that as long as credit conditions do not deteriorate further, corporate profits should grow faster than the economy next year. Bank of America strategists, led by Savita Subramanian, believe that recent expectations of Fed interest rate cuts and cost cuts for companies suggest that US stocks are likely to be stronger in 2024, plus that they may be driven by fiscal stimulus next year.