BofA says its Sell Side Indicator was unchanged at 56.2% in June, its highest since February 2025, as strategists kept equity allocations steady
- The indicator remains neutral but closer to a sell than buy signal, implying a 12% S&P 500 price return over 12 months, BofA says
- The bank itself says it favours large-cap value and cyclicals over long-duration secular growth
#EU SESSION#GLOBAL EQUITIES