Bank of America issued a warning that bonds are no longer a safe bet, with long-duration government debt suffering significant losses. The shift may favor international stocks, emerging markets, commodities, and gold. The market is already reflecting this change, with tech-heavy stocks losing ground to other sectors. Inflation and policy shifts are reshaping the investment landscape, with a move away from tech dominance. Other Wall Street experts echo these sentiments, suggesting a broadening of market leadership and questioning the sustainability of the megacap tech rally.
Read more at Yahoo Finance: Bank of America delivers blunt stock market warning investors can’t ignore
