Bank of America Issues Contrarian Sell Signal Amid Elevated Equity Exposure

Deep News
Yesterday

As investors assess a $200 billion capital expenditure in artificial intelligence, underperformance in the software sector, and a rising VIX volatility index, Amazon.com (AMZN) continues its decline. Concurrently, a survey from Bank of America (BAC) has issued a contrarian "sell" signal in response to high levels of stock market exposure.

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