美银：The Flow Show-Quiz Show

Accessible version The Flow Show Quiz Show Chart 2: Ferrari crashing vs General Motors Ferrari vs General Motors (price relative) Source: BofA Global Investment Strategy, Bloomberg BofA GLOBAL RESEARCH Dec'25 0 2 4 6 8 10 12 14 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 '26 Ferrari vs General Motors (USD price relative) Scores on the Doors: gold 62.1%, stocks 20.3%, IG bonds 10.0%, HY 9.9%, govt bonds 6.0%, commodities 5.9%, cash 4.0%, bitcoin -2.7%, US dollar -9.4%, oil -19.5% YTD. BofA Bull & Bear Indicator: ...