In parallel to the now standard question of "how high can rates go before it all comes crashing down", the one other thing the investing community desperately wants answered (as this Bloomberg piece notes), is where are we in the business cycle? According to the latest report by BofA's Michael Hartnett, we are now so "long in the vermouth", the late-cycle is starting to get "tipsy.
" Consider the following points:15 Signs It's "Getting Very Late", From Bank of America
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