Bank of America strategists led by Michael Hartnett predict a reality check for equities this autumn after months of sustained gains. Despite the Iran war and a summer tech-stock slump, investors kept pushing markets higher. Kevin Warsh will need to please both sides of the market with his Friday speech. Strategists say the summer consensus favoring riskier assets like stocks remains intact, but contrarians may soon push back against bullish sentiment.
Source: Read the original article
