Geopolitical shocks should be bought, not sold - BofA
Bank of America Securities analysts said in a research note Monday that they believe geopolitical shocks should be bought, not sold.
Furthermore, BofA states that a previous war in the region fueled the second inflation wave in the 1970s, and "stagflations have historically been accompanied by oil shocks," which is a rising bear case for stocks. "Stocks more than fully recovered within three months - history suggests that geopolitical dips should be bought, not sold," they add.
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