Global markets in “unambiguous contrarian buy territory” – BofA

Capt. John

The trillions wiped off global markets in recent weeks has triggered a contrarian ‘buy’ signal from BofA’s closely-followed ‘Bull & Bear’ sentiment indicator, while emerging markets are seeing their toughest time since the peak of the COVID crash. Fears that inflation and fast-rising rates will send major economies into recession have sent global markets in …

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