Wall Street banks are starting to sound the alarm on a stock-market correction
|10/21/2017||Posted by BusinessMediaguide.Com under General World News||
- Bank of America Merrill Lynch is the latest Wall Street firm to issue a warning about a stock-market correction.
- The benchmark S&P 500 hasn’t seen a correction, defined as a 10% sell-off, in more than two years.
- BAML joins Morgan Stanley in the ranks of big firms that have sounded the alarm this week.
The S&P 500 hasn’t seen a correction in almost two years. But a growing chorus of Wall Street strategists says one could be right around the corner.
The most recent firm to sound the alarm is Bank of America Merrill Lynch, which forecasts a pullback of read more >>>