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Live Updates  >  Live Update Details

2025-10-31 23:39:09

[Bank of America Strategists: Gold and Chinese Stocks are the Best Hedging Tools Amid the AI Boom] Bank of America strategists point out that Chinese stocks and gold are the best hedging tools against the inflated valuations driven by the AI sector boom. The S&P 500's forward price-to-earnings ratio has reached 23 times, far exceeding the average of 16 times over the past two decades. The Bank of America team, led by Michael Hartnett, stated, "The AI sector's leading position is unlikely to change in the short term, and gold and Chinese stocks are the best hedging tools against the boom/bubble."

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