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HomeTrading NewsBank of America sees a market similar to 2000, predicts a small decline for stocks in 2022

Bank of America sees a market similar to 2000, predicts a small decline for stocks in 2022

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021.

Brendan McDermid | Reuters

Signs of a late-cycle bubble are piling up in the markets and have led Bank of America strategists to draw comparisons to the dotcom boom in 2000 and call 2022 a slightly negative year for stocks.

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