Reported about 23 hours ago
Bank of America strategist Michael Hartnett predicts a dwindling outperformance of the US stock market after a strong run, noting that equity markets in countries like Brazil, Germany, the UK, China, and Canada are yielding higher returns. The influence of major tech firms is weakening, and Hartnett suggests investing in Chinese equities amidst a stabilizing geopolitical landscape. He also forecasts a drop in Treasury yields as government spending comes under scrutiny, while investors might adjust their portfolios in anticipation of political developments in Europe.
Source: YAHOO