Hartnett: There are three major thresholds for triggering comprehensive hedging in the US stock market, and funds are flowing into cyclical assets

Hartnett, Chief Strategist of Bank of America Securities, has listed three major thresholds that will trigger comprehensive hedging this summer: the Mag7 ETF falling below $60, the US dollar falling below $110 against the Japanese yen, and the yield curve once again inverted. US stock funds recorded a net outflow of $8.5 billion, after experiencing a net inflow of $119.2 billion. Vera Rubin rack memory prices have risen 435%, and Goldman Sachs predicts AI capital expenditures to reach $1.4 trillion by 2027. Funds flow from tech giants to semiconductors, small and medium-sized enterprises, housing, and REITs. Hartnett believes that gold below $4000 has allocation value, and investing in long end US bonds is a long-term trade, with a long-term long position in emerging markets. Since Federal Reserve Chairman Kevin Walsh took office on May 22, US Treasury bonds have risen 3.2% and stocks have fallen 1.6%.