Bank of America strategist Hartnett advises selling U.S. stocks and the dollar on rallies

Wallstreetcn
2025.04.25 10:17

Bank of America strategists stated that investors should sell U.S. stocks and the dollar on rallies, warning that the conditions for continued increases are fading. The team led by Michael Hartnett indicated that the dollar is in a long-term depreciation process, and the trend of funds flowing out of U.S. assets will continue until the Federal Reserve begins to cut interest rates and consumer spending remains robust. (Bloomberg)