Strategists are increasingly advising caution among stock investors, with predictions of a potential market downturn. Bank of America has indicated that a 5-10% pullback in the S&P 500 is 'entirely possible.' A strategist from Bank of America emphasized that it may be time to adopt a bearish stance on the index. Meanwhile, Morgan Stanley cautioned that the anticipated influx of 'money on the sidelines' into stocks is unlikely to materialize. Overall, analysts are warning that a bearish trifecta could lead to a 12% drop in the market by October.