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

    4 monthes ago - By Business Insider

    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...
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