Consider unexpected trades for potential hedging opportunities

The Australian Financial Review

In 2023, contrary to predictions, the US and global economies remained resilient, tech stocks rallied, and China's reopening disappointed. Bank of America's chief strategist suggests contrarian trades, such as betting on falling oil prices and buying beaten-up stocks. He also advises preparing for potential geopolitical improvements, a global economic hard landing, and unexpected central bank actions. The article emphasizes the importance of considering unexpected trades as potential hedging opportunities.


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