Investors Beware: Experts Predict Impending Recession and Stock Market Decline

Bank of America analysts have identified money-market funds as the new hot asset and warn that it could be the next bubble. They advise investors to sell stocks rather than buy them after the last interest rate hike. The bank's team counted 46 interest rate hikes this year, including by the Swiss National Bank after its rescue of Credit Suisse last week. The last two times money-market fund assets surged, the Federal Reserve slashed interest rates. The Bank of America team says credit and stock markets are too greedy for rate cuts and not fearful enough of recession.