TechubNews
vip

Techub News reports that according to Cryptopolitan, Michael Hartnett, chief strategist at Bank of America, stated that the recent rise in the US stock market is based on the optimistic sentiment towards tariff cuts earlier in the second quarter, but the market trend is basically over. He noted that traders are following the usual strategy of "buying on expectations and preemptively selling on realization." And now, they are dumping.



Bank of America stated that after Trump signed the UK agreement, investors began to withdraw funds. According to EPFR Global data, in the past four weeks, investors have pulled out $24.8 billion from the US stock market, marking the largest single withdrawal in two years. People are no longer waiting and are instead fleeing the US stock market.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments