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record equity inflows suggest optimism despite trade war concerns
Bank of America's chief investment strategist, Michael Hartnett, noted a significant surge in equity inflows, with U.S. stocks seeing $34.1 billion last week, indicating a lack of belief in a trade war-induced recession. As tariffs are set to rise, gold and bonds are viewed as safer investments, while European and Chinese equities are gaining traction amid declining U.S. sentiment.
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