Bank of America's US Regime Indicator has signaled that we've entered the downturn phase. The 30 stocks below are the top contenders from the Russell 2000 set to best perform in this phase.
Yep, we've entered the"downturn" phase, says a March 14 note from Bank of America. The banks' US Regime Indicator, which measures eight macroeconomic variables, is signaling that the economy is exiting a more than year-long late cycle, after two months of being in negative territory. This means economic activity has peaked and while growth remains positive, it's beginning to slow.
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