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<p>Bank of America analyst Hartnett pointed out that the four core trading strategies on Wall Street now are bearish on bonds, bullish on gold and tech stocks. Tightening immigration policies may trigger inflation, leading to further increase in gold prices. The market is concerned that Fed rate cuts may cause inflation and economic overheating, and after the rate cut, bond yields unexpectedly rise, making US stocks more concentrated. Now is not a good time to buy bonds and stocks</p>

- Bank of America analyst Hartnett predicts that the upcoming U.S. presidential election will reinforce four core Wall Street trading strategies: bullish on gold and tech stocks, bearish on bonds, and viewing other assets as "rent."  
- He argues that concerns over inflation and economic overheating, driven by Fed rate cuts and geopolitical instability, are leading investors to favor gold as a hedge.  
- Hartnett warns that a sudden spike in gold prices could signal market instability, potentially reversing the current favorable conditions for gold investments.

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Bank of America's Hartnett: The election will strengthen Wall Street's four core trades, but inflation and economic recession will reverse everything