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Bank of America Merrill Lynch was one of the most famous banks involved in the 2008 financial crisis. Although the bank became a typical failure in the subprime crisis, the famous theory it proposed was left for all investors, which is the investment clock of Merrill lynch.
Merrill Lynch’s investment clock is a way to link the business cycle to asset and industry rotation. It’s an essential theory especially for long-term investors who investNot only instocks but also in ETFs, futures, commodities, and bonds.
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