Investors Are Trapped In A “Twilight Zone”, BofAML Warns Of Looming C.R.A.S.H. Risks…””We advise selling risk into strength, buying volatility into weakness, advocate higher than normal levels of cash and would add some gold.”
by Tyler Durden
ZeroHedge.com
05/18/2015
Episodes of “corrections” are apparently happening more frequently according to BofAML’s credit strategist Barnaby Martin and given the extremities of liquidity, profits, technological disruption, regulation, and income inequality, BofAML warns ‘gently’ that the potential for a cleansing drop in asset prices cannot be dismissed. Most likely catalysts: Consumer, Rates, A-shares, Speculation, High Yield. “We advise selling risk into strength, buying volatility into weakness, advocate higher than normal levels of cash and would add some gold.”
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