'Just call it what it is': BofA's Stephen Suttmeier declares a bear market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

BofA's latest charts declare bear market, suggest correction will last another six months

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

RonnieChopra1 So bottom is pretty much in

LMT978

Banks sure know what’s gonna happen

BofA DEEZ NUTS?

Trump never “prevented” the correction, he only prolonged its forthcoming. If Hillary had won, the correction probably would have happened within her first year.

And debt definitely reared its head now...

I saw it coming in August when the Russell breaking down

The bears know an Elephant Joke in the WH when they either hear or see it!

AT LEAST!!!! More like 1-2 years!

6 years

I find it funny that the so called experts that couldn't predict what we have just gone through should be trusted to tell us what will happen. If these guys knew what the hell was going to happen they sure as hell wouldn't tell us.

I see sll of 2019 in a Bear market with no support until seeing SP passing thru 1970-2000 level. Cash is king. Long TVIX!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street rises at open on BofA, Goldman earnings boostU.S. stocks opened higher on Wednesday, boosted by financial stocks after strong... JUST IN!! - I need a sugar daddy to spoil me.. & get me $btc DM me :p Border wall is in political future
Source: Reuters - 🏆 2. / 97 Read more »

The ‘smart money’ is the most bearish on stocks since 2008, with ‘recession coming,’ BofA survey findsThe 'smart money' is the most bearish on stocks since 2008 ... and says 'recession' coming Yep. I bought Bitcoin 3 weeks ago. At this point,a recession is priced in. We won't know for awhile. Market is a buy in the near term. Ananızı sikeyim ben girdim ya en düşüğü olur allah belanızı versin
Source: MarketWatch - 🏆 3. / 97 Read more »

Cramer: 'It's not a safe market' — in fact, it's the most treacherous stock market in years'I think that there's a lot of people who say, 'I got to get out. I got to get out, because everyone else is getting out,'' says the 'Mad Money' host. maybe don't put the head of Trump U in charge of the country next time? Wheat from chaff, we all know it. How stupid is this guy?
Source: CNBC - 🏆 12. / 72 Read more »

For 2019, it’s about how to make money even if there’s a bear marketFor 2019, it’s about how to make money even if there’s a bear market, says TheAroraReport TheAroraReport Bear or bull emini contracts never fail.
Source: MarketWatch - 🏆 3. / 97 Read more »

Economist Ed Lazear: The stock market is the best economic indicator and it's signaling caution'Given the volatility in the market,' Lazear argues, 'probably a few weeks worth of patience is not a terrible thing at this point' from the Fed on interest rates. better than rate inversions? When will we stop measuring how good the economy is doing with the stock market (Corporations and wealthy elite) and start measuring it wth how good the middle and lower class is doing? How many people can afford their rent is more of an indicator than the stock market IMO 😅🙄
Source: CNBC - 🏆 12. / 72 Read more »

Cramer says the Fed is 'recklessly' confusing the market — 'it's a good time to be quiet'The Federal Reserve caused the stock sell-off by 'recklessly' confusing the market on interest rates, Jim Cramer argues. MadMoneyOnCNBC Jim Cramer just makes stuff up MadMoneyOnCNBC LOL, yeah right.🙄 MadMoneyOnCNBC The globalists aka FEDS
Source: CNBC - 🏆 12. / 72 Read more »