<p>The risks of persistently high inflation and tight monetary policy may still exert pressure on risk assets (Bank of America)</p>

Bank of America

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

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BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

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<p>Bank of America's Bull & Bear Indicator rose to 8.8, remaining in sell territory for the fourth week due to record tech fund inflows and soft equity breadth. Historically, such signals precede 2-3% global stock declines over two to three months, with drawdowns up to 20%. Despite investor optimism, BofA warns that elevated inflation and potential tighter monetary policy may continue to pressure risk assets.</p>

- Bank of America's Bull & Bear Indicator rose to 8.8, remaining in sell territory for a fourth week due to high investor sentiment.  
- The increase was influenced by record technology fund inflows and outflows from high-yield and emerging-market bonds, alongside weaker global equity breadth.  
- Historical data suggests sell signals typically lead to global stock declines of 2% to 3% over the following months, while elevated inflation and potential monetary policy tightening pose risks to risk assets.