Buy Bonds and Gold as Bubble Risk Returns, BofA Strategist Hartnett Says

By Yahoo! Finance | Sep 20, 2024 at 04:58 AM EST

Bank of America's Michael Hartnett warns of a potential bubble in equity markets after the Federal Reserve's rate cut. He suggests bonds, gold, and international stocks as hedges against recession and inflation risks. Stocks are seen as overvalued with investors chasing the rally, prompting caution.

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