BofA Warns of Looming Unemployment Shock, Recommends Selling Stock Rallies

Bank of America (BofA) analysts are informing of a collapsing U.S. labour marketplace and a imaginable emergence successful unemployment adjacent year. They besides recommended selling a banal marketplace rally up of the apt surge successful occupation losses. “Bears (like us) interest unemployment successful 2023 volition beryllium arsenic shocking to Main Street user sentiment arsenic ostentation successful 2022,” stated BofA strategists led by Michael Hart...