Markets

‘Sell the vaccine’: Big-money investors are the most bullish they have been since January 2018 — and Bank of America says that’s a signal to get out

Investor bullishness surged to its highest point since January 2018 amid US election outcomes and encouraging vaccine progress, Bank of America strategists said Tuesday. Fund managers’ allocations to stocks hit a net 46% overweight in the November 6 to November 12 period, closing in on the 50% threshold that indicates […]
‘Sell the vaccine’: Big-money investors are the most bullish they have been since January 2018 — and Bank of America says that’s a signal to get out