{"id":107923,"date":"2025-10-31T13:16:08","date_gmt":"2025-10-31T13:16:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/107923\/"},"modified":"2025-10-31T13:16:08","modified_gmt":"2025-10-31T13:16:08","slug":"bofas-hartnett-sees-gold-china-stocks-as-best-ai-boom-hedges","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/107923\/","title":{"rendered":"BofA\u2019s Hartnett Sees Gold, China Stocks as Best AI Boom Hedges"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has pushed valuations to elevated levels, according to Bank of America Corp. strategists.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The S&amp;P 500 Index trades at 23 times forward earnings, well above its average of 16 over the past two decades. The so-called Magnificent Seven group of tech megacaps accounts for more than a third of the US benchmark\u2019s weight. Valuations across this cohort are even higher, at 31 times forward earnings.<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has&hellip;\n","protected":false},"author":2,"featured_media":107924,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,913,1657,3313,19200,85,46,190,1677,3310,28778,5268,125,10750],"class_list":["post-107923","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-bank-of-america-corp","tag-china","tag-earnings","tag-generic-1st-gc-future","tag-il","tag-israel","tag-markets","tag-nvidia-corp","tag-sp-500-index","tag-seven","tag-stocks","tag-technology","tag-valuation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/107923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=107923"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/107923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/107924"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=107923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=107923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=107923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}