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Scarecrows at it again, Schwab, Bank of America, Merrill Lynch…Referring to Greek mythology LOL ( Translation ), in case U havn't seen itScarecrows at it again, Schwab, Bank of America, Merrill Lynch……These Nos. should scare optimistic investors they say.
Artikkel av: Stian Jacobsen Norway 15. november 2017 - 15:10 Since Donald Trump was elected president in the United States just over a year ago, the arrows on Wall Street have mostly pointed upwards. The big question now is of course how long (stock exchange) the party will last. In a survey conducted by Bank of America Merrill Lynch, 48 percent of investors surveyed strike that shares are overpriced. Market Strategy Michael Hartnett in the Bank of America Merrill Lynch does not rule out that we are approaching a correction on the stock exchanges. "Ikaros is increasingly moving closer to the sun, and investors' risk-taking is at record levels," said Hartnet, according to Marketwatch. In Greek mythology, Ikaros is the man who, with the aid of feathers and waxes, tried to fly. He ignored the warning of approaching the sun, which caused the wings to be destroyed and eventually he died. Charles Schwab Strategist Jeff Kleintop writes in a report that 2017 is the only year in which the global stock market has had a positive development every single month in the 30-year history of the MSCI AC World Index. So far this year, Dow Jones is up 18.45 percent. |
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