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Back Fundamental analysis
Bank of America Issues Warning That Should Be Taken Seriously
Bank of America has released a
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Bank of America has released a warning that should be taken seriously—especially following the market crash recorded at the end of last week.According to the report, investors should lock in some profits on stocks, as the market has accumulated too many alarming signals to continue ignoring them.The main concern of BofA is not falling profits, but rather the absence of a recession. The issue is structural: the growth of the S&P 500 increasingly relies on a narrow group of companies.
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Miroslaw Bawulski,
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