1. BofA Strategist Raedler Warns: Equity Markets at 20-Year Low Risk Premium, Dangerously Optimistic
Bank of America's top European equity strategist is sounding a stark alarm: global stock markets are priced for perfection at a moment of escalating fragility. Sebastian Raedler warns that equity risk premiums have collapsed to a 20-year low, signaling investors are dangerously underestimating the gathering storm cloud...