Bank of America (BofA) analysts are warning of a collapsing U.S. labor market and a potential rise in unemployment next year.
They also recommended selling a stock market rally ahead of the likely surge in job losses.
BofA Warns of Looming Unemployment Shock, Recommends Selling Stock Rallies
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The Bank of America logo is seen outside a branch in Washington, D.C., on July 9, 2019. Alastair Pike/AFP via Getty Images
By Bryan Jung
Updated:
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