S&P 500 Hits Record Highs — But BofA Warns Bullish Sentiment Has Gone Too Far
Bank of America says investor optimism has reached its most extreme level since 2021. Bank of America’s proprietary Bull & Bear Indicator jumped to 9.7, signaling extreme market optimism. Strategists recommend rotating away from high-beta sectors like tech, banks, and semiconductors toward defensive assets, cash, and short-duration holdings. Key market benchmark ETFs such as SPY … Read more