Bank of America: The already overbought U.S. stock market may continue to be overbought
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最新报道：[Bank of America: The already overbought U.S. stock market may continue to be overbought] According to the report of Coin World, in terms of fund flows, U.S. stock funds have seen the largest single-week net inflow of funds in eight months. Data provided by the London Stock Exchange (LSEG) to China Business News showed that the net inflow of U.S. stock funds in the past week was $31.6 billion. Although the 90-day deadline for the so-called "reciprocal tariff" is approaching and the progress of trade negotiations is relatively limited, U.S. stocks have hit record highs driven by optimism about artificial intelligence and the prospect of loose Fed policies. In the hot market environment, Bank of America wants to cool down investors. Michael Hartnett, the bank's star strategist, said that if the S&P 500 index breaks through 6,300 points in July, it may trigger a "sell signal." "The already overbought market may continue to be overbought because greed is harder to conquer than fear," Hartnett wrote in the report. He described the market outlook as "either a bubble or a bust," and believed that the risk of a bubble in the U.S. stock market will rise in the summer as the House of Representatives passed the $3.4 trillion Big and American bill.
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