Is the rebound of US stocks about to peak? Bank of America strategist warns: Beware of "good news exhaustion"
According to the Securities Times APP, Michael Hartnett, Chief Investment Strategist at Bank of America, warned that although the easing expectations of trade policies have pushed the US stock market to soar recently, this upward trend may be nearing its end. In his latest research report, he pointed out that investors need to be cautious of the classic trading logic of "buying expectations, selling facts" - when the policy benefits actually materialize, the market may instead turn to a correction due to previous gains being overextended.
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