BofA Warns Wall Street Is Too 'Blasé.' $14 Billion Stock Exodus is 'Recipe for Volatility.'

Source: International Business Times

Worldwide equity funds have attracted an average of about $7 billion per week during the same three-week period, a dramatic slowdown from the roughly $52 billion weekly average recorded in July. Michael M. Santiago/Getty Images Bank of America strategists are warning that Wall Street may be entering a more volatile period as investors pull billions of dollars from U.