Investing Strategy: It's Time for the 'Pain Trade', BofA Says
Bank of America's bull and bear sentiment indicator is currently neutral with a 7.1 rating. The firm's chief investment strategist analyzed the bull and bear market cases to understand how investors should position. He shares the 3 ways, including making the 'pain trade', for a tougher market environment. Bank of America's bull and bear indicator, a measure of market sentiment, moved lower last week, showing how investors are a little less euphoric than they have been of late. At a 7.1 rating, the indicator is down from its most recent high in February of 7.7. At this point, the rating was ex...
Source: businessinsider.com