Business

BANK OF AMERICA: Market bulls have been 'silenced' - but there are 2 big reasons they refuse to give up on stocks

3 monthes ago   |   By

AP/Richard Drew
Bank of America Merrill Lynch's fund-manager survey shows a handful of statistics suggesting bullish sentiment has been tempered.
Yet the stock market continues to climb higher, and BAML sees two reasons investors are so reluctant to throw in the towel.
As the stock market has shaken off recent turbulence and continued its long-running chug higher, some shifts have occurred under the surface that suggest investors aren't as confident as they seem.
For one, cash holdings jumped to 5% from 4.6%, according to Bank of America Merrill Lynch 's latest monthly fund-manager survey...
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BANK OF AMERICA: Here are 10 reasons why investors should be pulling money from tech

BANK OF AMERICA: Here are 10 reasons why investors should be pulling money from tech

3 monthes ago   |   By

Scott Olson/Getty Images
Bank of America Merrill Lynch sees the tech industry facing some considerable headwinds going forward, and thinks investors should reduce exposure to the sector.
Michael Hartnett, the firm's chief investment strategist, provides 10 reasons why.
They say all good things must come to an end. And a version of that is playing out in the stock market as the once invincible tech sector suddenly looks vulnerable.
That's according to Bank of America Merrill Lynch , which says global investors should be looking to cut back their allocations to tech. See the rest of the...
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