[Serenity Criticizes Bank of America: Faulty Predictions Trigger Retail Panic, Resembling a 'Contrarian Indicator'] Odaily Planet Daily reports that Serenity criticized some of Bank of America's market views in a post on the X platform, describing its behavior as akin to a 'malicious version of Bernstein/Jim Cramer,' potentially misleading retail investors. Reportedly, Bank of America claimed that the Korea Composite Stock Price Index (KOSPI) and the Korea ETF (EWY) were in an 'extreme bubble' state, comparing it to the silver crash in March, which led some retail investors to sell their holdings. However, the Korean stock index subsequently surged, nearly doubling and reaching an all-time high. Serenity added that Bank of America recently predicted 'three rate cuts by 2026,' a view that significantly deviates from derivatives market pricing, where the probability of such a scenario is currently considered close to 0%. Such predictions could incite panic among retail investors and contradict the Trump administration's previous stance of promoting rate cuts. As a major U.S. bank, releasing such 'garbage predictions' and disseminating them to retail investors is a harmful act.