Ten Reasons Why Bank of America Thinks U.S. Stocks Have an 'Elevated Risk of Correction'
Seasonality, positioning, and valuations point to a pullback.
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With U.S. stocks sitting near all times, Wall Street strategists are getting more cautious about what's in store for the benchmark indexes over the near term.
To this end, Bank of America Merrill Lynch Head of U.S. Equity and Quantitative Strategy Savita Subramanian compiled a list of ten reasons (and 21 charts!) why U.S. equities are at "elevated risk of correction."