BofA's Risk-Love Indicator Hits 13-Month High — 'Market Sentiment Is Through The Roof'
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Bank of America's Global Equity Risk-Love indicator has reached a 13-month high of 1.4, indicating a significant increase in investor risk appetite. This level of market sentiment has only been higher 7% of the time since 1987. Analysts, including Ryan Detrick and Tom Lee, suggest that the current bull market, which began in October 2022, could extend through 2035, driven by strong demographic trends and technological advancements. However, caution is advised regarding future predictions, particularly about the Fed Funds Rate.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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