BAML: Be A Trump Contrarian Investor, As Managers Pile Into USD And BanksMark Melin
Michael Hartnet, chief investment strategist at Bank of America Merrill Lynch, does not want his clients to be institutional sheep. Taking a decided statistical look at institutional market opinions in a January 17 report, Trump contrarian trades emerge as for some stock sectors the Trump rally might be coming to an end. In other words, with an inauguration approaching at the end of the week, buy the rumor, sell the fact and act like a Contrarian trader.
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