Bank of America analysts: the Fed’s policy is fuelling the US stock bubble.

According to Bloomberg and Russia today, analysts at Bank of America recently warned that the Fed’s strong stimulus policy is causing bubbles in the US stock market. Bloomberg reported 22, Bank of America analyst Michael Hartnett in a recent report pointed out that Washington’s policy is fuelling the asset price bubble of Wall Street. Bank of America analysts: the Fed's policy is fuelling the US stock bubble. last March, novel coronavirus pneumonia caused a record of US stock market sell-off. In order to alleviate the devastating impact of the epidemic, the Fed announced a series of plans to rescue the market, including open asset purchases and open unlimited easing mode, resulting in strong rebound in US stocks. According to the Bank of America forecast, the Federal Reserve’s balance sheet will reach 42% of the US economy this year, and the US budget deficit will reach 33% of its GDP. Experts say this is a huge bubble economy supported entirely by debt. Analysts at Bank of America expect U.S. stocks to peak in the first quarter of this year, with a correction in the market. Bank of America is not the first big company to point out that US stocks are heading for a bear market, Bank of America analysts: the Fed's policy is fuelling the US stock bubble. said in Russia’s 23 Daily today. Earlier this week, novel coronavirus pneumonia warned that the risk of the US stock market adjustment is rising. The stock market is rising because the market is still driven by good news, and the data are largely ignored by the weaker data and the rising new crown pneumonia infection cases. Bank of America analysts: the Fed's policy is fuelling the US stock bubble. an earlier survey by Deutsche Bank also showed that investors regarded us technology stocks as the second largest bubble risk after bitcoin.

(editor in charge: Miao Su)

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