No, not to deceive me personally!
But someone went to a lot of trouble to create an image purporting to present useful and actionable information - yet I can find no trace of it on the Internet.
The source is also somewhat suspicious:
BofA Global Investment Straategy, Bloomberg
Strange, isn't it?
Regards,
So...what is the purpose.
Who benefits?
"Bank of America's Hartnett Sees ‘Pain and Exit’ If S&P 500 Dips Below 4,000"
Source: https://www.bloomberg.com/news/articles/2022-04-29/bofa-s-hartnett-sees-pain-and-exit-if-s-p-500-dips-below-4-000
S&P closed last Friday at $3,900.86. It began the year at almost $4,800, so the drop is significant.
But watching the effects of the Biden administration's utter incompetence in monetary policy and Congress' continual spending like the proverbial drunken sailor, "pain and exit" was a foregone conclusion. Both Yellen and Lagarde have said the West has printed too much fiat money. Reality sets in. Expected....
...but in 2019 the S&P stood mid year at about $2,900, and so the hysteria seems a little like these last two and a half years of the bogus pandemic in which only 99.9 percent of the worldwide population did not die. We swim in a morass of media deception all around these days. being cautious and skeptical is warranted. Best regards.