Why did BoA tell investors to "take profits"?
About this episode
The episode discusses Bank of America's advice to investors regarding potential market downturns and explores various economic topics.
Bank of America advised investors late last week that too many red flags pointed to a market peak, and that it was time to “take profits.” In plain English? The stock market could see a downward turn soon, so it may be time to sell. In this episode, why tell investors to sell? Plus: Ongoing war in Iran strengthens oil and gas outlooks, we check in on foreign trade zones operating under new Trump-era rules, and packaged food brands face myriad potential headwinds. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
People in this episode
Host: Marketplace
Topics covered
- stock market
- investment advice
- oil and gas
- foreign trade
- packaged food
Keywords
- Bank of America
- market peak
- take profits
- oil outlook
- foreign trade zones
- packaged food brands
Mentioned in this episode
Organizations: Bank of America, Trump
Places: Iran
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