TechFlow, August 16 — According to Bloomberg, Michael Hartnett's team, Chief Investment Strategist at Bank of America, pointed out that if the Federal Reserve sends a dovish signal at the Jackson Hole global central bankers' symposium, U.S. stocks may pull back after this week's record rebound. The report stated that as markets anticipate the Fed might cut interest rates to address a weakening labor market and ease the burden of U.S. debt, investors have poured heavily into risk assets such as equities, cryptocurrencies, and corporate bonds.
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