Bank of America : Bull markets of 2024 will be the “3Bs”… Bonds, Bullion & Breadth

28 November 2023

Chief Investment Strategist Michael Hartnett foresees a promising outlook for 2024, highlighting the potential for growth in what he terms the “3Bs”: Bonds, Bullion (Gold), and Breadth (diverse investments). Hartnett’s anticipation of a robust market is based on his expectation of a dynamic economic landscape. He is strategically waiting for the perfect alignment of factors – bearish investor positioning, a rebound in corporate profits post-recession, and a shift towards easing policy (the “3Ps”).

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