Join BI PrimeThe attractiveness of US assets relative to the rest of the world is brewing a bubble in the stock market, according to equity-derivatives strategists at Bank of America.
Most importantly, the US has provided more monetary and fiscal support than any other country during this downturn and made the appeal of its financial assets irresistible. The backdrop for this bubble scenario is the worst economic contraction since the Great Depression, which investors appear to be tossing to the back seat. But the strategists' study ofled to the conclusion that a a sustained rebound from the March low would be a historical anomaly.
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Stocks to buy, hedge fund popular picks for big gains: Goldman Sachs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Probably be a nice bump when they get the law passed it's ok to kill your employees just like they did the country.
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BANK OF AMERICA: These 5 trends emerged from companies' first-quarter earnings reports - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bank of America.. they will fee you to death.. and then give you a fee for dying
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