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Another signal that Bank of America is watching for a bear market has been triggered, and the countdown is on





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  • Fourteen out of 19 signposts that Bank of America Merrill Lynch is watching for a bear market have now been triggered.
  • After this threshold was reached in the last seven market cycles, it has taken 21 months on average to hit a stock-market peak, and returns average 30% until the peak.
  • BAML observed that investors, particularly active fund managers, are flocking towards low-quality stocks with the highest levels of debt.
  • One signpost that’s yet to be triggered is a yield-curve inversion.

Fourteen down, five to go: that’s the status update on Bank of America Merrill Lynch’s signposts for read more >>>

Source:: BusinessInsider.Com

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