BofA Predicts Market Gains with Focus on Bonds, Gold, and Undervalued Stocks Bank of America strategists, led by Michael Hartnett, are advising investors to adopt a bullish stance on bonds, gold, and undervalued stocks in anticipation of a Federal Reserve interest rate cut, a potential victory for Donald Trump in the upcoming election, and a soft landing for the U.S. economy. They suggest that proposed tariffs could be deflationary, and the bond market is already pricing in rate cuts amid concerns about inflation and a weakening labor market. Recent data shows significant inflows into gold and bonds, while the S&P 500 and small-cap stocks have also seen gains this year, indicating a positive sentiment in the market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Gold Market: Investment Up, Jewelry Down in Second Quarter READ MORE Home Sales Hit a New Low: 2023 Ends with Weakest Performance Since 1995 READ MORE McDonald's Faces Earnings Dip as Consumer Spending Tightens READ MORE Proposed Ban on Open-Pit Mining Could Crush Mexico's Economy READ MORE Trump Warns Fed Against Pre-Election Rate Cuts, Hints at Conditional Support for Powell READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment