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A surge is an opportunity to run away! Bank of America sounds the alarm: U.S. stocks and the dollar are difficult to sustain their rebound.
① Bank of America strategists advise investors to sell on highs when U.S. stocks and the dollar rebound, as the market lacks conditions for sustained increases; ② The dollar is in a long-term devaluation trend, the process of global capital withdrawing from U.S. Assets has not ended, and three conditions need to be met: Federal Reserve interest rate cuts, trade agreements reached, and resilience in U.S. Consumer spending.
Express News | Trump: Trade Deals Expected in Next Three to Four Weeks -Time
A Cruel Summer Looms, but Here's Why JPMorgan Still Expects a Higher S&P 500 Finish This Year