BofA’s US stock chief sees a floor of 3,200 for the S&P 500 (potential downside of 22%) — but here are 4 sectors she likes for inflation protection and cash return

We’re almost halfway through the year, and sentiment has yet to turn bullish.

The S&P 500 is down 13% in 2022, while the tech-centric Nasdaq is off 22%.

If you want to know how low the market could really go, pay attention to what Savita Subramanian — head of U.S. equity and quantitative strategy at Bank of America Securities…