Reported about 1 month ago
According to a recent report by Bank of America, a sell signal has emerged in the stock market for the first time since February 2021, as cash allocations dropped below 4%, indicating aggressive investment behavior. The report highlights that this signal usually precedes weak returns in the short term, despite rising investor optimism about economic growth and expectations for a 'soft landing' rather than a recession. Investors show increasing concern over geopolitical conflicts and inflation as potential risks.
Source: YAHOO