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11 Of 19 Bear Market Indicators Have Now Been Triggered: BofA

Two weeks ago, Bank of America tripped recession-watcher alarms, when it announced out that one of its surest bear-market indicators, one which has never had a false negative, had just been triggered. As we said at the time, according to BofA’s Savita Subramanian in November the S&P 500’s three-month earnings estimate revision ratio (ERR) fell […]