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Posted: 2025-04-24 22:17:59 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-24 22:18:13 UTC
Verified By
Rollup News
Michael Hartnett of BofA has been advising clients to shift investments from US stocks to BIG (Bonds, International stocks & Gold) since late 2024. US stocks recently fell below their 200-day moving average, contrasting with the performance of BIG investments.
Investment shift from US stocks to BIG (Bonds, International stocks & Gold)
US stocks fell below their 200-day moving average
Outperformance of BIG investments compared to US tech sector
Potential US recession based on payroll numbers
Underperformance of US stocks compared to BIG investments