Bank of America has found the formula for a market meltdown — and we’re dangerously close
|01/21/2018||Posted by BusinessMediaguide.Com under General World News||
- Bank of America Merrill Lynch has identified a series of thresholds that need to be breached in order for the market to see a correction.
- The indicators in question include GDP, wage inflation, 10-year Treasury yields, and the S&P 500 equity index.
- BAML has repeatedly warned against investor overexuberance. Meanwhile, investors have poured a record $58 billion into stocks over the past four weeks.
The scorching-hot stock market is fresh off yet another week of new record highs, yet one glaring question remains: When will it all come crashing down?
The global investment strategy team at Bank of America Merrill Lynch read more >>>