Finance
A dot-com style unwind of big tech stocks is coming on the heels of a Fed rate hike — and investors should sell now before the looming crash, Bank of America says
The stock market’s recovery rally over the past week represents an opportunity for investors to sell ahead of an upcoming Fed interest rate “shock,” Bank of America’s Michael Hartnett said in a Friday note. Hartnett recommends investors “sell the rip” rather than “buy the dip” in stocks as interest …
