Golden Finance reported that Bank of America strategists expect that the U.S. stock market will continue to fade after it stopped rising in early 2025. Strategists including Michael Hartnett pointed out that stock markets such as Brazil, Germany, the UK, China and Canada have all had higher returns than the S&P 500 so far this year, because the so-called seven tech companies failed to provide them with their long-term The driving force provided since. They recommend longing for Chinese stocks because they do not expect the trade and technology war to escalate. On the bond side, Bank of America expects Treasury yields to fall below 4%, as U.S. President Donald Trump hopes to resolve government spending issues and stop debt spirals, while also hoping Congress will approve his tax cuts.