• 'Old' bull market sputters on while tech inflows slow: BAML

    27 days ago - By Reuters

    Investors bought back into U.S. stocks this week which set their longest-ever market rally, although risks ahead spurred anxiety over how much longer the ageing bull can last, Bank of America Merrill Lynch strategists said on Friday.
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  • BANK OF AMERICA: Massive investors are dumping gold, and the one thing that can rescue the precious metal is still missing

    BANK OF AMERICA: Massive investors are dumping gold, and the one thing that can rescue the precious metal is still missing

    27 days ago - By Business Insider

    Gold is the worst-performing major asset class of 2018.
    Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch, said the key catalysts that could reverse its decline is a dollar that falls alongside US Treasury yields.
    Investors are making record bets that yields will continue rising.
    Watch gold trade in real time here .
    Gold investors are having a tough year.
    The precious metal is down 8% so far in 2018, and nearly 14% on an annualized basis - making it the worst-performing major asset class this year according to Bank of America Merrill Lynch.
    This week, fund...
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