BofA warns investors to take profits as 70% of the bank's bear market signals flash red [View all]
Last edited Tue Jun 9, 2026, 01:54 PM - Edit history (1)
Source: Yahoo Finance
A growing number of "bear market signposts" are signaling that the market could be approaching a top and that investors should take profits now before a pullback, according to Bank of America.
Seven of the bank's 10 bear market indicators have been triggered in recent months, strategists led by Savita Subramanian wrote in a recent client note. Five were triggered by April, and two more of those indicators flashed red in May.
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The bank's "signposts" cover a wide range of market data, including consumer confidence, stock performance expectations, credit stress levels, and credit tightening conditions.
One indicator showed that high price-to-earnings ratio (P/E) stocks led low P/E stocks by a wide margin, "a sign of excessive speculation." Additionally, "lofty long-term growth expectations" have breached levels consistent with equities being "more vulnerable to disappointment."
Read more: https://finance.yahoo.com/markets/article/bofa-warns-investors-to-take-profits-as-70-of-the-banks-bear-market-signals-flash-red-141004060.html
Trump took an economy that was recovering very well under Biden from Trump’s last term when he tanked the economy (With help from Covid) and fucked around with tariffs and started a war that we didn’t need, and here we are.
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