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

Business Insider Wednesday, 11 July 2018 ()
Another signal that Bank of America is watching for a bear market has been triggered, and the countdown is on· *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...
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Source: Wochit Business - < > Embed
News video: Bank of America Has Strong Quarter

▶ Bank of America Has Strong Quarter 00:32

(Reuters) - Bank of America Corp (BAC.N) reported quarterly profit above Wall Street expectations as the second-largest U.S. lender kept a tight leash on expenses and benefited from growth in loans and deposits. Total loans increased 2 percent, with the bank’s consumer banking and wealth management...

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