Interestingly, a recent BofA note argued that the current selloff “has been more linked to higher rate...

Interestingly, a recent BofA note argued that the current selloff “has been more linked to higher rate...

Per BofA, “only 23% of stonks outperformed the S&P 500 in May, the lowest of any month in our data...

Net % of investors currently taking more risk than normal at a record (BofA)....Net % of investors underweight cash for the first time since May 2013 (BofA)....favoring the reflation trade: Over 90% of fund managers expecting higher global inflation in 12M (BofA...