S&P 500, Nasdaq Settle Lower As Tech Stocks Continue To Falter: Greed Index In 'Fear' Zone
BCA: US stocks 'will soon reach their peak, and the bear market will begin,' global investors should increase their allocation to government bonds.
BCA analyst suggests that the US stock market is likely to soon peak and a bear market will begin. Global asset allocators should increase their allocation to government bonds rather than stocks. A significant allocation to US dollar cash is also reasonable.
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