Bank of America Bull & Bear Indicator Hits 9.4, Highest Since 2018

The evidence strongly supports the truthfulness of the statement. Multiple sources with perfect relevance, specifically the posts from The Kobeissi Letter on both Facebook and X (Twitter), explicitly state the exact claim: that the Bank of America Bull & Bear Indicator reached a value of 9.4, its highest level since February 2018. While these social media sources have lower authority, their specific claims are strongly corroborated by higher-authority financial news outlets. The MarketWatch article, which has high authority, reports that the indicator reached a "two-decade high," a timeframe that is entirely consistent with and even stronger than "highest since 2018." Similarly, the AOL article reports the indicator reached its "highest level in several years." There are no contradictions among the provided sources; they all point to the indicator reaching a significant multi-year peak. The consistency between the specific data from the lower-authority sources and the general reporting from the higher-authority sources provides a high degree of confidence in the statement's accuracy.