Another signal that Bank of America is watching for a bear market has been triggered, and the countdown is on
|07/11/2018||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>