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Live Updates  >  Live Update Details

2025-09-13 12:50:17

[Bank of America Warns of Extreme Bullish Sentiment in US Stocks, Potential Safe Haven for Gold] US stocks continued their trend of hitting new record highs this week, with market expectations of three Federal Reserve rate cuts this year steadily rising. Investors anticipate that the Federal Open Market Committee will downplay the potential inflationary risks of tariffs and instead focus on the slowing job market. Bank of America's Chief US Equity Strategist, Michael Hartnett, published an article warning of the potential risks posed by investors' "extreme bullish sentiment" in US stocks, arguing that gold offers a valuable hedge against inflation, dollar depreciation, and disorderly risk.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

3655.26

10.99

(0.30%)

XAG

42.109

0.316

(0.76%)

CONC

62.94

-0.32

(-0.51%)

OILC

67.22

-0.24

(-0.36%)

USD

97.488

0.132

(0.14%)

EURUSD

1.1773

-0.0012

(-0.10%)

GBPUSD

1.3493

-0.0062

(-0.45%)

USDCNH

7.1120

0.0053

(0.08%)

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