#Latest news with #marketfrenzyBloomberg5 days agoBusinessBloombergUS ‘Bigger Bubble' Shift May Ignite Stocks, Says BofA's HartnettThe latest turn by the Trump administration to favor tax cuts and lower tariffs has the potential to kick off another speculative frenzy in markets, according to Bank of America Corp. strategists. The flip in US economic strategy to 'we're going to need a bigger bubble' as the solution to the debt problem could incentivize traders to ditch bonds and pile back into artificial intelligence and crypto trades, wrote the team led Michael Hartnett.
Bloomberg5 days agoBusinessBloombergUS ‘Bigger Bubble' Shift May Ignite Stocks, Says BofA's HartnettThe latest turn by the Trump administration to favor tax cuts and lower tariffs has the potential to kick off another speculative frenzy in markets, according to Bank of America Corp. strategists. The flip in US economic strategy to 'we're going to need a bigger bubble' as the solution to the debt problem could incentivize traders to ditch bonds and pile back into artificial intelligence and crypto trades, wrote the team led Michael Hartnett.
5 days ago
