Why did BoA tell investors to "take profits"?
Marketplace
Marketplace
4.6 • 8.6K Ratings
🗓️ 9 June 2026
⏱️ 26 minutes
🧾️ Download transcript
Summary
Bank of America advised investors late last week that too many red flags pointed to a market peak, and that it was time to “take profits.” In plain English? The stock market could see a downward turn soon, so it may be time to sell. In this episode, why tell investors to sell? Plus: Ongoing war in Iran strengthens oil and gas outlooks, we check in on foreign trade zones operating under new Trump-era rules, and packaged food brands face myriad potential headwinds.
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Transcript
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| 0:00.0 | Hey, so here's a question. |
| 0:04.1 | What do strawberry jam and stock market analytics have in common? |
| 0:10.6 | Stick around. |
| 0:11.8 | We'll tell you. |
| 0:13.1 | From American Public Media, this is Marketplace. |
| 0:28.5 | In Los Angeles, I'm Kyle Riznell. |
| 0:31.5 | It is Tuesday, today, 9 June. |
| 0:33.2 | Good as always to have you along, everybody. |
| 0:39.6 | The Strawberry Jam comes to us from the J.M. Smucker Company to which we will get in just a second. |
| 0:43.5 | The stock market analytics come to us from Bank of America. |
| 0:46.8 | The setup comes from us, and it goes like this. |
| 0:51.6 | These are, broadly speaking, heady days in the equity markets. |
| 0:55.4 | Record highs practically every time you turn around. Everybody you can think of is filing and go public and trillion-dollar companies are basically table stakes now. |
| 1:01.4 | However, comma. Bank of America is singing a different tune. In a note last week, B of A, which I |
| 1:08.8 | should tell you advertises with us, said there are, and this is a quote, too many red flags, end quote, pointing to a market peak and that it is time to, again I'm quoting because these words matter, take profits. |
| 1:22.8 | So, Marketplace's Henry Ep gets us going. |
| 1:26.4 | Stock market analysts don't really speak in plain English. |
| 1:29.5 | So when they recommend investors take profits, they're really telling people to sell, |
| 1:34.3 | but they're trying to do it in sort of a market etiquette way. |
| 1:38.1 | James Weston is with the Rice University Business School. |
| 1:40.8 | Bank of America declined an interview request. |
| 1:43.0 | In the report, its analysts offer a |
... |
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