JOURNAL ARTICLE

BofA's Subramanian Echoes Yogi Berra's Advice of Avoiding Crowds.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: McCorry, John; Ferro, Jonathan 3 of 3

Abstract

But Bank of America's contrarian indicator that aggregates Wall Street strategists' allocation views is the nearest it's been to flashing a "buy" signal on US equities since 2017. She recommends the energy, financials and industrials sectors, while saying investors should avoid big tech, part of her concern about investors being overweight in the S&P. Both the S&P 500 index and the S&P Small Cap 600 Index are up about 2% in the last three months. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/01, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2023
  • Accession Number:161143873
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