Bank of America warns of a huge mistake investors could make this period

Making the right moves in the markets is not easy. Even more so when we are in such a turbulent environment. You don't want to make a rash decision, but you don't want to sleep on anything either. And that is what one of the biggest banks is now warning against.

Everyone is now fearing a downturn after a successful January. Investors face a brutal downturn if economic growth stalls in the second half of the year, Bank of America $BAC strategists say

"The worst thing is always to sleep through a downturn, the team led by Michael Hartnett wrote in a note. The risk is that inflation will flare up again in the next few months and that the U.S. economy will face a deeper recession in the second half of 2023 after remaining resilient in the first six months of the year, they said.

Global equity funds have seen $44.7 billion in inflows in the past four weeks, the note said, citing data from EPFR Global. Stocks have risen since the…