Bank of America’s Hartnett backs two trades to play lower rates, ‘AI war’

Bank of America’s Hartnett backs two trades to play lower rates, ‘AI war’

Buying commodities and selling the U.S. dollar makes sense as a trade now, with the likelihood for interest rate cuts increasing and the need for raw materials accelerating, according to Bank of America’s Michael Hartnett. The bank’s chief investment market strategist made the case for the trades in his weekly market note, reasoning that tariffs,…

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