Barron's: The Dollar Is Going to Get Hit. Stay in Real Assets, Says BofA's Michael Hartnett
Article by Karishma Vanjani in Barron's
Markets are going to go through some trauma.
That was the big takeaway from Michael Hartness, chief investment strategist at Bank of America Merrill Lynch Global Research, at a conference held by finance journal Grant’s Interest Rate Observer in New York on Tuesday.
A concern, he said, is that government spending is high, while monetary policy is likely to become more accommodative.
U.S. government spending is ......