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Everything will be “like gold”! BofA’s Hartnett: Going long on commodities is the best “hot trade” for next year.
Michael Hartnett, Chief Investment Strategist at Bank of America, has forecasted that going long on commodities will become the best trading theme in 2026, with all commodity charts eventually showing an upward trend akin to gold. This assessment is based on a paradigm shift in the global economy from the post-financial crisis model of "monetary easing + fiscal tightening" to a post-pandemic era of "fiscal easing + de-globalization."