CNBC Pro

Bank of America sees a market similar to 2000, predicts a small decline for stocks in 2022

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021.
Brendan McDermid | Reuters

Signs of a late-cycle bubble are piling up in the markets and have led Bank of America strategists to draw comparisons to the dotcom boom in 2000 and call 2022 a slightly negative year for stocks.

More In Pro Insight

watch now
Pro Picks: Watch all of Friday's big stock calls on CNBC
VIDEO08:27
CNBC ProPro Picks: Watch all of Friday's big stock calls on CNBC
Goldman says buy puts on these stocks with deteriorating fundamentals in this bear market
CNBC ProGoldman says buy puts on these stocks with deteriorating fundamentals in this bear market
The beaten-down stock market may get a slight reprieve as the calendar turns to October
CNBC ProThe beaten-down stock market may get a slight reprieve as the calendar turns to October