Market “Ominously Hints Recession Imminent” BofA Warns Unless “Unambiguous Pessimism” Leads To Stock Rally
by Tyler Durden
ZeroHedge.com
09/15/2015
The tone from investors in the latest Bank of America survey is clear: as Michael Harnett summarizes it, the one prevailing theme is “unambiguous pessimism.” Bottom line: either markets soar, or something bad is about to happen: to wit: “Unambiguous pessimism means risk assets riper for a rally (note investors don’t want a Fed hike this week). If no rally, then markets ominously hinting “recession” and/or “default” imminent.” Good luck Janet.
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