Bank of America strategist Michael Hartnett said that falling stocks, oil prices, bond yields, and the US dollar may stimulate risk appetite in the market, but if the job market weakens or fiscal policy uncertainty increases, it may have a negative impact on asset prices. Hartnett sets three different S&P 500 point ranges and recommends different investment strategies according to the situation. When the S&P 500 is at the 5,400 level, it is recommended to buy emerging markets and real estate investment trusts if the dollar weakens. When the S&P 500 is at the level of 5100-5200, it is recommended to buy small-cap stocks, homebuilders, and Asian technology stocks that are sensitive to policy changes. When the S&P 500 falls to the 4800-5000 level, and Trump's approval rating falls to 40-45%, it is recommended to aggressively increase positions in risky assets.

Bank of America strategist Michael Hartnett said that falling stocks, oil prices, bond yields, and the US dollar may stimulate risk appetite in the market, but if the job market weakens or fiscal policy uncertainty increases, it may have a negative impact on asset prices. Hartnett sets three different S&P 500 point ranges and recommends different investment strategies according to the situation. When the S&P 500 is at the 5,400 level, it is recommended to buy emerging markets and real estate investment trusts if the dollar weakens. When the S&P 500 is at the level of 5100-5200, it is recommended to buy small-cap stocks, homebuilders, and Asian technology stocks that are sensitive to policy changes. When the S&P 500 falls to the 4800-5000 level, and Trump's approval rating falls to 40-45%, it is recommended to aggressively increase positions in risky assets.