BofA’s Raedler Says Defensives Ready to Roar if AI Trade Falters
Investors should switch their focus to defensive sectors if the artificial intelligence trade starts to unravel, according to Sebastian Raedler, head of European equity strategy at Bank of America Corp.
By Matt Clinch, Guy Johnson, Tom Mackenzie · Bloomberg Markets
Investors should switch their focus to defensive sectors if the artificial intelligence trade starts to unravel, according to Sebastian Raedler, head of European equity strategy at Bank of America Corp.