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Wall Street banks are starting to sound the alarm on a stock-market correction





red warning lights signal siren

  • 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 >>>

Source:: BusinessInsider.Com

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