Bank of America: The Sell Side Indicator (SSI)
Equity sentiment declined for the first time since May Our Sell Side Indicator (SSI) is a contrarian sentiment barometer that tracks sell side strategists’ average recommended allocation to equities in a balanced fund. The indicator declined 37bp last month to 53.1% as the S&P 500 fell 2.2% (its third consecutive month of losses). This marks…...
