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Cost of betting on a stock-market crash is cheapest since 2008, says BofA
- groby_b 3y agoIf there is one universal truth in trading, it's that MarketWatch will deliver bad takes. And given the small mistake in their previous headline, it's probably a great idea to check the original report, which coincidentally isn't linked. Or, say, the reliability of BoA predictions. Which currently really would like to see a crash happen, but only three weeks ago was very convinced stocks would rise 16% in the next 12 months: https://www.bloomberg.com/news/articles/2023-07-06/bofa-stocks-indicator-sees-s-p-500-surging-16-in-next-12-months?in_source=embedded-checkout-banner https://www.bloomberg.com/news/articles/2023-07-06/bofa-stoc... One or the other might even be true.