Bank of America: Time to Be Long Cash and Volatility

At least until one of these three things happens

Market Mayhem: How Worried Should Investors Be?

You can add another name to the list of Wall Street firms growing more cautious on U.S. stocks. Joining traders and analysts at CitigroupUBS and RBC Capital Markets, Bank of America Merrill Lynch is telling clients to "be long cash & volatility."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.