• The market exodus has begun - but for true capitulation, watch for 'investors selling what they love,' says BofA

    10 days ago - By Business Insider

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    A market exodus has begun but the lows haven't been reached yet, Bank of America said in a report
    "Are We There Yet? No...fear & loathing suggest stocks prone to imminent bear market rally but we do not think ultimate lows have been reached..."
    Actual capitulation won't be apparent until the market sees "investors selling what they love."
    The recent market rout signals an investor exodus has begun, but a true bottom hasn't been reached yet, Bank of America strategists wrote in a note Thursday. The report by BofA's Michael Hartnett with Shirley Wu and Myung Jee-Jung said...
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