5 bearish risks hanging over the stock market, and a bullish response to each one

There’s been a lot of skepticism towards the stock market’s strong year-to-date rally of 16%, especially amid the ongoing decline that started in August.

But Bank of America equity strategist Savita Subramanian sees plenty of reasons for optimism, even as more bricks are added to Wall Street’s proverbial “wall of worry.”

“Equity bears have kept us busy debunking various risks: financial crisis redux, tech wreck redux, consumer free-fall from (pick one) excess savings burn / student loan payment resumption / oil+gas+rent costs / negative wealth effect / refinancing risk / job loss / a too complacent VIX,” she said in a Thursday note.

Source: Business Insider