Stock Surge Is a Bear-Market Trap With Curve Inverted, BofA Warns

(Bloomberg) — The 11% surge in U.S. stocks in the past two weeks has the hallmarks of a bear-market rally that might give way to deeper losses.Most Read from BloombergUkraine Update: U.S. Skeptical After Russia Vows Kyiv PullbackUkraine Update: Kyiv Seeks Cease-Fire Deal in Russia TalksAbramovich Suffered Suspected Poisoning During Ukraine TalksWorld’s Longest Passenger Flight Plans to Avoid Russian SkiesBiden’s $5.8 Trillion Budget Would Hike Taxes on the WealthiestThat’s the conclusion of ana
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