Stock market outlook: Extreme bearishness suggests 16% upside, BofA says

Investors are so bearish on stocks it could actually drive more upside for the market, with the S&P 500 potentially rising 16% over the next year, according to Bank of America.

In May, Wall Street strategists lowered their exposure to stocks by 6.6%, while increasing their exposure to bonds by 6.4%.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen