Bank of America's chief strategist reveals the best time to sell stocks

Bank of America strategist Michael Hartnett anticipates a downturn in stocks following the Federal Reserve’s expected interest rate cuts in September.Hartnett suggests that this move will likely coincide with signs of a hard landing for the U.S. economy rather than the more favorable soft landing scenario. The strategist points out that historically, when the Fed begins easing in response to economic downturns, it often leads to negative outcomes for stocks and positive outcomes for bonds. “One very importa ...