Oddbean

The stock market will signal a hard landing is coming for the economy if it falls below this key level, Bank of America says ========== Bank of America warns of a hard landing if the S&P 500 drops below its 200-day average; If the stock market falls below that threshold, there could be a 10% correction; Key sectors like semiconductors and Big Tech must hold their support levels to avoid further declines; Bank of America strategist Michael Hartnett highlights the S&P 500’s 200-day moving average as a key line in the sand that would signal whether the economy is heading for a bigger downturn; Hartnett sees growing risks in AI-related stocks as they race to show a return on investment from their massive GPU spending #StockMarket #Economy #BankOfAmerica #S&p500 #200dayMovingAverage #HardLanding #Correction #Semiconductors #BigTech #SupportLevels #MichaelHartnett #AirelatedStocks #GpuSpending https://emeatribune.com/the-stock-market-will-signal-a-hard-landing-is-coming-for-the-economy-if-it-falls-below-this-key-level-bank-of-america-says/