Bank of America sees a market similar to 2000, predicts a small decline for stocks in 2022
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Traders are seen working on the New York Stock Exchange’s (NYSE) floor in New York. October 27, 2021.
Brendan McDermid | Reuters
The markets are showing signs of a late cycle bubble. Bank of America strategists draw parallels with 2000’s dotcom boom. They also call 2022 a negative year for stock prices.
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